The Employment Rights (Increase of Limits) Order 2023, has now been published. The key increases to note are:
- A ‘week’s pay’ (this is used for basic award and redundancy payments calculations) increases to £643 (it was previously £571. In Northern Ireland it will increase to £669 (it was previously £594).
The above changes take effect from 6th April 2023 (broadly speaking, for dismissals taking place on or after that date).
- The increase to Statutory Sick Pay (SSP) from 6th April 2023 is £109.40 per week (previously £99.35 per week).
- National Minimum/Living Wage increases (effective from 1st April 2023) are as set out below:
- Aged 23 or over (National Living Wage) £10.42 (previously £9.50) per hour.
- Aged 21 to 22, £10.18 (previously £9.18) per hour.
- Aged 18 to 20, £7.49 (previously £6.83) per hour.
- Aged 16-17, £5.28 (previously £4.81) per hour.
- Apprentices under 19, or over 19 and in first year of apprenticeship, £5.28 (previously £4.81) per hour.
