2019 Employment Law Update: Are you ready?
As like every other year, April will see some updates to employment legislation which include increases to areas of statutory pay entitled to all UK employees along with new changes to payslips.
These changes will be coming into effect as of 1st April 2019 so please ensure you are ready to amend all staff pay information and contracts with them:
National Minimum Wage
· Workers ages 25 and over - £8.21p hour
· Workers aged 21-24 - £7.70p hour
· Workers aged 18-20 - £6.15p hour
· Workers aged 16-17 - £4.35p hour
· Apprentices under 19, or over 19 and in first year of apprenticeship - £3.90p hour
Statutory Family Related Pay, Statutory Sick Pay and Redundancy Pay Rates
· Statutory sick pay - £94.25
· Statutory Shared Parental Pay, Statutory Maternity Pay, Statutory Adoption Pay and Statutory Paternity Pay - £148.68
· Statutory Redundancy pay - £525.00 is the new maximum amount for one week pay when calculating redundancy pay
Pension Contribution Increases
From 6th April 2019, the minimum employer contribution to pension is 3% and minimum employee contribution is 5%. Therefore the minimum total percentage to be paid into pension is 8%.
Payslips
There are two changes to payslips that came into effect on 6th April 2019; requirement to include total number of hours worked on payslips and the right to receive a payslip will be extended to workers as well as employees.
Next Steps:
In order to ensure you are compliant with the above, I would suggest you now do the following:
1. Review all staff and ensure they are on the correct National Minimum Wage rates
2. Write to all staff confirming the increases
3. Explain to staff there have been pension increases
4. Review payslips ensuring they are compliant with the above
5. Review statutory payments
For any further information on any of the above changes get in touch via the “Get in Touch” button.