Current Rates and Limits in Employment Law

5th December 2014
Current Rates and Limits in Employment Law image

Current Rates and Limits in Employment Law

Here is our at a glance summary of the main current rates and limits in employment law:-

1.         Limit on a week’s pay – £464.00 from the 6th April 2014.

2.         Maximum unfair dismissal compensatory award – £76,574.00 from the 6th April 2014.

However please note that where the affective date of termination is on or after the 29th July 2013 that the maximum compensatory award is the lower of the statutory limit or 52 weeks’ actual gross pay at the time of dismissal.  The statutory limit does not apply where the reason for unfair dismissal or redundancy selection was whistleblowing or carrying out health and safety activities.

3.         Maximum statutory redundancy pay/unfair dismissal basic award – £13,920.00 from the 6th April 2014.

4.         Minimum unfair dismissal basic award – £5,676.00.

This minimum only applies in dismissals for reasons of trade union membership or activities or acting as a health and safety representative, employee representative, workforce representative or pension scheme trustee.

5.         Guarantee payment – £25.00 maximum each day and £125.00 maximum in any three month period.  These rates are with effect from the 6th April 2014.

6.         Maximum limit of compensation for failure to inform or consult over TUPE transfer – 13 weeks’ pay, but please note the statutory limit on a week’s pay does not apply.

7.         Maximum limit on compensation for failure to inform or consult over collective redundancy – 90 days’ pay – but note the statutory limit on a week’s pay does not apply.

8.         Maximum compensation for breach of contract claim in an employment tribunal – £25,000.00 with effect from the 6th April 2014.

9.         Statutory maternity, paternity and adoption pay (prescribed rate) of £138.18 each week from the 6th April 2014.

10.        Maternity allowance – £138.18 each week from the 7th April 2014.

11.        Statutory sick pay – £87.55 per week from the 6th April 2014.

If you require any advice on any of these limits or rates or any employment related matters then please contact Daven Naghen on 01775 722261 or email or visit our offices at 23 New Road Spalding Lincolnshire PE11 1DH.

How Banks are Cashing in on Wills image

How Banks are Cashing in on Wills

Recent headlines have reported how banks are now cashing in on Wills.

During the 1990s and early 2000s, banks offered customers low cost Wills (or sometimes even free Wills) but the small print allowed the bank to charge extortionate rates to act as Executors. It is reported that banks are expecting billions of pounds of revenue from their Will writing services and administering estates and in some cases their fees have been over £12,000 to administer an estate as they look to charge a fixed fee PLUS a percentage of the deceased’s wealth.

If you or a loved one has made a Will through a bank we would urge you to check who you have appointed as Executors and check any small print which you may have signed. If you are unsure then please speak with one of our lawyers in the Wills and Probate team who can look at your existing Will with you. It may be appropriate to make a new Will which revokes any previous Will you have made which could save your family thousands of pounds when your estate needs to be administered.

In the majority of cases, when someone has passed away we can provide the family with a quote of how much the legal fees will be so that there are no nasty surprises once the administration is complete.

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Gemma Mayer LLB

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Anita Toal LLB BA

"I think you are brilliant. You can use my comments above. You are efficient, friendly and quite clearly very good at what you do. Mainly you don’t leave people hanging around too long for." "So easy to talk to her and she understood what I wanted. She put me at ease and I cant thank her enough"

Daven Naghen LLB

"Daven provided an excellent service, from attending the first interview with me to the final court appearance. He filled me full of confidence that he would defend me to which he did and come out with an excellent outcome in view of my position that I had put myself in."

Faye Blair LLB

Faye was excellent, sensitive and acted very well to the time constraints we faced. Great service and dealt with compassion at such sad times made the process less painful very professional.

Jamie Dobbs ACILEx

Over the last forty years I have cause to deal with many law firms both in a personal and professional capacity, including some ‘top’ London Companies. In all of those dealings I have never found anyone as proactive and so willing to offer help and advice as Jamie Dobbs. During the last two years Jamie guided my parents through the completion of Lasting Powers of Attorney. Helped myself with the use of the LPA and recently dealing with Probate and Estate Administration following their death.

Mike Pepper MA

Mike Pepper gave us excellent advice. He was always most helpful and accommodating giving lucid explanations every step of the way. Thank you Mike.

Claire Smith FCILEx

Claire Smith has been amazing in every way. I highly recommend her and I am so grateful for all her help. She’s professional on all levels, reliable, extremely organised and I will be recommending her to everyone. I’m very lucky to have had her representing me and I can’t thank her enough. She is an asset to Maples. Thanks so much Claire!