Key HR information
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Key HR information
National Minimum Wage (Next review October 2016)
Hourly pay rate- £6.70 for workers aged 21 & over. £5.30 for workers aged 18-20 and £3.87 for workers aged 16 to 17. Apprentice minimum wage £3.30 per hour.
National Living Wage
From 1st April 2016, employees will be legally entitled to at least £7.20 per hour if they meet these three requirements. They must be:
- Working
- Aged25 or over
- Not in the first year of an apprenticeship
Redundancy Pay
Pay rate – 0.5 weeks pay for each year of service for employees aged under 22 (1 weeks pay is calculated at £479 (6th April 2016) or the weekly amount if less.) 1 weeks pay for each year of service for employees between the ages of 22 & 40. 1.5 weeks pay for each year of service for employee’s aged 41 & over.
Statutory Pay
Maternity / Adoption pay – SMP/SAP is paid for 39 weeks. Pay rate for first 6 weeks of SMP; 90% of the employee’s average weekly earnings. SMP remaining weeks/ SAP; £139.58 or 90% of average weekly earnings, whichever is less. Sick Pay (SSP) – £88.45 per week provided employees meet criteria.
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