What Are Statutory Pay Rates 2023
Statutory pay rates typically change in April each year, so many business owners will be wondering what are statutory pay rates 2023 to 2024?
So far, 2023 has seen significant changes to the Employment Law landscape. There are thirteen bills that have either passed or are under consideration within House of Commons and the House of Lords. Some of these changes include the increase to the National Minimum Wage and other statutory minimum entitlements including Sick Pay, Redundancy Pay and Adoption, Maternity, Paternity and Shared Parental Leave .
It is important you are aware what your staff are entitled to.