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Key Amounts

Information relating to current values of such amounts as National Minimum Wage, SSP, Tribunal Award limits etc.

Last date reviewed/updated: 6th April 2024

Statutory Sick Pay: £116.75 per week (5 day working week)
SMP and SPP (basic rate): £184.03 per week
Maximum week's pay (for redundancy calculation): £643.00
Lower earnings limit: £123.00 per week
Unfair dismissal - Maximum basic award: £19,290.00
Unfair dismissal - Maximum compensatory award: £105,707.00

National Minimum Wage/National Living Wage:

Workers aged 25 years and over:                                 £11.44 per hour
Workers aged 21 - 24 years: £11.44 per hour
Workers aged 18 - 20 years: £8.60 per hour
Workers aged under 18 years: £6.40 per hour
Apprentices aged under 19: £6.40 per hour
Apprentices in 1st year regardless of age:   £6.40 per hour
Key Amounts

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