EMPLOYERS need to be aware of the changes in legislation which have come in to force in recent weeks (including an increase to statutory redundancy pay).
The maximum amount of a ‘weeks pay’, for the purpose of calculating certain statutory repayments including redundancy payments has been increased from £350 per week to £380 per week as of 1st October 2009. This has been implemented by the Work and Families (Increase of Maximum Amount) Order 2009 SI/2009/1903.
The national minimum wage has been increased as follows;
a) for workers aged 22 and over – from £5.73 per hour to £5.80 per hour;
b) for workers aged 18 to 21 year old – from £4.77 per hour to £4.83 per hour;
c) for 16 and 17 year olds – from £3.53 per hour to £3.57 per hour
Should you require any further information, policies updating, or advice on any aspect of employment law, contact a legal expert at Farleys Solicitors now on 0845 050 1958 or you can e-mail us.