There are a number of key changes to pay that will be coming in to effect in April 2019 that we think everyone needs to be aware of.
Here is a quick run down to help you to get your house in order and ensure that you are prepared !
National Minimum Wage
The New National Minimum/Living Wage rates will come in to effect from 1 April 2019 :
- Workers aged 25 and over £8.21 an hour (National Living Wage)
- Workers aged 21-24 – £7.70 an hour
- Development rate for workers aged 18-20 – £6.15 an hour
- Young workers rate for workers aged 16-17 – £4.35 an hour
- Apprentice rate (workers under 19 or in first year of apprenticeship) – £3.90 an hour.
Increases to Maternity/Adoption/Paternity/Shared Parental and Maternity Allowance
The statutory weekly amount for all of these family rates is proposed to increase to £148.68 from the 7th April 2019.
Statutory Sick Pay
The weekly rate for statutory sick pay is expected to increase to £94.25 from 6 April 2019.
Changes to the Employment Rights Act 1996 defining what must be included on pay slips comes into force on 6 April:
Employers must include on pay slips the total number of hours worked where the pay varies according to the hours worked, (eg for staff that work variable rather than set hours and those on zero hours contracts) and payslips must be given to ‘workers’ and not just employees.
In April 2019 any part of a termination payment over the sum of £30,000 will become subject to employer NIC’s .
So now you know what’s on the horizon do let us know if you need any help putting these changes in to practice in your business.
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