UK: Annual increases in National Minimum Wage and maximum awards for unfair dismissal

From 1 April 2018, all UK National Minimum Wage and National Living Wage (NLW) rates will increase. The NLW which is paid to workers aged 25 and over is increasing to £7.83 (from £7.50).

From 6 April 2017, the maximum basic award for unfair dismissal and the maximum statutory redundancy payments will be capped at £15,240 (increased from £14,670), and the maximum compensatory award for unfair dismissal increases to £83,682 (from £80,541).

For more information on these articles or any other issues involving labour and employment matters in United Kingdom, please contact Robert Hill, Partner at Clyde & Co (www.clydeco.com) at robert.hill@clydeco.com
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