Our guide provides the current statutory rates for calculating tribunal compensation awards, sick pay, maternity pay, etc.
Key employment rates
| Compensation limits | Rate from April 2023 |
|---|---|
| Maximum basic award / statutory redundancy payment | £19,290 |
| Maximum unfair dismissal compensatory award | £105.707 |
| Maximum weeks pay (for basic award and statutory redundancy payment) | £643 |
| Highest possible award in ordinary unfair dismissal | £124,997 |
| Statutory payments | Weekly rate from April 2023 |
|---|---|
| Statutory Sick Pay | £109.40 |
| Maximum entitlement - 28 weeks | £3,063.20 |
| Statutory Maternity Pay (“SMP”) | Rate from April 2023 |
|---|---|
| First 6 Weeks | 90% of average weekly earnings* |
| Remaining weeks | The lesser of 90% of average weekly earnings of £172.48 |
| Statutory Adoption Pay (“SAP”) | The lesser of 90% of average weekly earnings or £172.48 |
| Statutory Paternity Pay (“SPP”) | The lesser of 90% of average weekly earnings or £172.48 |
| Maximum paid SMP/SPP period | 39 Weeks |
*Average weekly earnings are calculated over the period of 8 weeks ending with the 15th week before the Expected Week of Childbirth
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