At least two million people will be affected by the new minimum wage this April. Below we have listed the new national minimum wage along with other rates of pay that will change in April.
National minimum wage – increase in hourly rate of pay as of 1st April 2019:
- 25 and over
£8.21 - 21 to 24
£7.70 - 18 to 20
£6.15 - Under 18
£4.35 - Apprentice
£3.90
Statutory sick pay increase as of 6th April 2019:
- From £92.05 to £94.25
The lower earnings limit has also risen from £116 to £118
Statutory Maternity, Paternity, Adoption and Shared Parental Pay increase as of 7th April 2019:
- From £145.18 to £148.68
The lower earnings limit has also risen from £116 to £118
Statutory Redundancy Cap Pay increase as of 6th April 2019:
- The gross weekly cap used for calculating redundancy pay has increased from £508 to £525
Therefore the maximum statutory redundancy payment has increased from £15,240 to £15,750