Tribunal awards – handy reference guide

It is that time of year again - new statutory rates and limits came into effect in April this year. The table below sets out the key changes for HR professionals to be aware of.

Update

Old rate

New rate

National minimum wage (age 23+)*

£8.72

£8.91

Maximum unfair dismissal (basic award)

£16,160

£16,320

Maximum unfair dismissal payment (compensatory award)

£88,519 or 12-month’s gross pay, whichever is lower.

£89,493 or 12-month’s gross pay, whichever is lower.

Maximum statutory redundancy payment

£16,140

£16,320

Statutory sick pay (weekly)

£95.85

£96.35

Cap on a week’s pay (for calculating unfair dismissal basic award, redundancy pay and other figures)

£538

£544

Statutory maternity pay (weekly)

£151.20 for 33 weeks

£151.97 for 33 weeks

Statutory paternity pay (weekly)

£151.20

£151.97

Statutory adoption pay (weekly)

£151.20

£151.97

Statutory shared parental pay (weekly)

£151.20

£151.97

Statutory parental bereavement pay (weekly)

£151.20

£151.97

 

*Change was effective on 1 April 2021. Please note from 1 April 2021, entitlement to the National Living Wage now applies to all those aged 23 and above (previously only those 25 and above were entitled to the National Living Wage).

All other changes were effective on 6 April 2021.

For further information, contact the IHRS team. Email HRhelp@ihrsolutions.co.uk, call 01604 709509 or visit the website.

About the author

Katherine is a member of the senior management team at RWA. She has over 20 years’ international experience working in HR, across various sectors, including financial services, insurance and regulated environments. Over the years, she has collaborated with some exceptionally talented HR professionals, with whom she has joined forces on special projects. Her network of HR professionals provides advice and training to companies and other HR teams.

In her role with RWA, Katherine heads up RWA’s Human Resources Consultancy and provides objective support to firms on employment law and HR issues. She uses her extensive skills and knowledge to work with firms to help them develop strong and resilient HR strategies and establish healthy organisational cultures.

Katherine holds a degree in Business Administration and Management from the University of Northampton and a Postgraduate Diploma in Human Resource Strategies from London Metropolitan University. She is a Fellow of the Chartered Institute of Personnel and Development (FCIPD).

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