The Government has published its Employment Rights (Increase of Limits) Order 2012 which applies from 1 February 2013, and will see the maximum weekly amount of statutory redundancy pay rise from £430 to £450.
Effective dates of termination occurring on or after 1 February 2013:
• Statutory redundancy pay: from £430 to £450 a week (maximum statutory payment – based on 20 years’ service over the age of 21 x 1.5 weeks – from £12,900 to £13,500).
• Minimum amount of compensation in cases of unfair dismissal: from £5,300 to £5,500.
• Maximum amount of compensation in cases of unfair dismissal: from £72,300 to £74,200.
The amount of a day’s guarantee payment increases from £23.50 to £24.20.
1st December 2012
The Disclosure and Barring Service is the new service providing a barring and criminal records service. It has arisen from the merger of the Criminal Records Bureau ( CRB) and the Independent Safeguarding Authority.
The amount of unpaid leave for parents of a child under the age of five will increase from 13 Weeks to 18 weeks from 8th March 2013.
1st October 2012
From 1st October the statutory minimum wage rate will increase to £6.19 per hour for those age 21 and above.