Statutory Rate Increases April 2021

from Silk Helix
Photograph of Jenefer Livings, Founder of Silk Helix Ltd
24 February 2021
Clubhouse LinkedIn Instagram Facebook

Statutory pay rates normally increase in April each year and 2021 is no different.

Minimum Wage

National Minimum Wage (NMW) and National Living Wage (NLW) hourly rates increase with effect from 1st April 2021:

FromUnder 1818-2021-2223 and over
April 2020£4.55£6.45£8.20£8.72
April 2021£4.62£6.56£8.36£8.91

The national minimum wage for apprentices aged under 19, or those aged 19 and over but in the first year of their apprenticeship - £4.30 per hour

Family Friendly

With effect from 4th April 2021 the following weekly rates will apply:

Statutory PayWeekly Rate
Statutory Maternity Pay (SMP)£151.97
Statutory Adoption Pay (SAP)£151.97
Statutory Paternity Pay (SPP)£151.97
Statutory Shared Parental Pay (ShPP)£151.97

Alternatively for all of these, 90% pay applies if this is lower than the rate listed above.

Statutory Sick Pay

With effect from 6th April 2021 Statutory Sick Pay (SSP) rises to £96.35 per week.

Redundancy

The maximum amount of a week’s pay for the purposes of calculating statutory redundancy pay has yet to be announced.

Experts in HR for Small Business

Silk Helix take the stress out of managing your people. Contact us for a free consultation today.

While this guide covers the basics, every situation has its own complexities so you should always seek professional advice. We can help, so call us on 01245 910 500.
We are here to answer your HR and Employment Law questions. At Silk Helix we are proud of the Qualified Advice we provide, so get in touch and find out how we can solve your people issues now.
Book a Free Advice Call

Article last updated: 24 February 2021

Was this article useful to you?
Explore our Knowledge Hub for more like this.