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ARTICLE · 20 APRIL 2023

UK Employment Rates And Compensation Increases Take Effect

With the clocks having gone forward and summer on the horizon, April also brings with it an increase in the National Minimum Wage, unfair dismissal compensation and certain other amounts payable under UK employment legislation.

United KingdomEmployment and HR

OVERVIEW

With the clocks having gone forward and summer on the horizon, April also brings with it an increase in the National Minimum Wage, unfair dismissal compensation and certain other amounts payable under UK employment legislation.

Read on for information on the key changes and some of the important consequences for employers.

IN DEPTH

Key Points for Employers

The changes relating to statutory redundancy payments and unfair dismissal basic and compensatory award payments, as set out in the table below, take effect on 6 April 2023, and will apply to dismissals where the effective date of termination (EDT) occurs on or after that date.

It is important for employers to note:

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