Increases in Statutory Payment Rates 2020/2021
The Government has announced increases in certain payments made to employees.
Please note that with effect from 1 April 2020 the National Living Wage and National Minimum Wage rates are as follows:
You should ensure that you are paying your employees correctly and that the correct rate of pay is being applied to all employees within the different age bands. It is a criminal offence for employers to pay workers less than the National Living Wage or the National Minimum Wage. The National Living Wage applies only to workers aged 25 and over.
In addition, the Government has published the new statutory rates for maternity pay, paternity pay, shared parental pay and adoption pay. These new rates came into force on 5 April 2020.
Statutory Sick Pay (SSP)
The Government has increased the rate of Statutory Sick Pay (SSP) to £95.85 with effect from 6 April 2020.
How Can we Help?
If you have any queries regarding the increased statutory payment rates, please do not hesitate to get in touch with the Employment Team: