Statutory rates and compensation update - 2010
18/01/2010
Yvette Cooper, the Secretary of State for Work and Pensions, has recently announced the proposed rates of many of the statutory payments that change in April 2010.
-
The earnings threshold for statutory adoption, maternity, paternity and sick pay would rise from £95.00 to £97.00 per week.
-
Statutory adoption, maternity and paternity pay and maternity allowance would rise from £123.06 to £124.88.
-
Statutory sick pay to remain at £79.15.
For the first time ever, the annual review of compensation limits has resulted in a reduction to the maximum compensatory award limit due to the decrease of 1.4% in the Retail Prices Index from September 2008 to September 2009. Where the event giving rise to the entitlement to compensation or other payment occurs on or after the 1st February 2010 : -
-
The maximum compensatory award at tribunal drops from £66,200 to £65,300.
-
The maximum guarantee payment in cases of layoff and short time working reduces from £21.50 to £21.20.
-
The minimum compensation where an individual is unlawfully excluded or expelled from a union drops from £7,300 to £7,200.
-
A week's pay (for basic award and redundancy pay purposes) remains the same at £380.
Regular readers will note that the limit on a week’s pay used to calculate redundancy payments and the unfair dismissal basic award remains the same this year. This is usually linked to the same RPI formula as the other limits but was suspended following a one-off increase in October last year. This limit will remain at £380 until February 2011 at the earliest.
Latest ezine news articles
Age discrimination campaigners welcome end to retirement age
07/04/2010Indications that the government is preparing to scrap the default retirement age have been welcomed by the Employers Forum on Age (EFA).
Click here to continue reading..."Age discrimination campaigners welcome end to retirement age"...
Staff training in IT security
07/04/2010HR support services 'should make sure staff are trained in IT security'
Click here to continue reading..."Staff training in IT security"...
HR support services staff 'need to be approachable about health problems'
30/03/2010People working in HR support services need to make sure that other employees are able to talk to them about any health problems they may have.
Click here to continue reading..."HR support services staff 'need to be approachable about health problems'"...
More businesses 'seeking to resolve employment disputes'
30/03/2010A growing number of UK companies and workers are taking steps to avoid employment tribunals, according to new research.
Click here to continue reading..."More businesses 'seeking to resolve employment disputes'"...
BNP supporter loses unfair dismissal case
30/03/2010A teacher who is also a supporter of the British National Party (BNP) has lost his case for unfair dismissal, it has been reported.
Click here to continue reading..."BNP supporter loses unfair dismissal case"...
Snow news is good news
18/01/2010Guidelines on paying employees who are unable to attend work during hazardous weather conditions.
Click here to continue reading..."Snow news is good news "...
To find out how we can support your HR activities
please call 0845 217 8650 or
email infoHR@askheadoffice.co.uk