London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

Employment Rights Act - increase in maximum amount of a week’s pay from 1 October 2009

With effect from 1 October 2009, the maximum amount of a week’s pay for the purposes of calculating payments under the insolvency (and other) provisions of the Employment Rights Act 1996 is increased from £350 to £380.

The new rate also applies to the calculation of entitlement to redundancy payments.

The regular annual increase in February has been suspended for 2010, so the next increase in a week’s pay is now due in February 2011.

Caroline Stark is a senior manager at Mercer & Hole. The views given in this blog are personal to the author.

 

 

 

Date: 1st October, 2009
Author: Caroline Stark

SHARE THIS

Articles from this Author

Contact a Partner

Tweet

Mercer & Hole’s @GudgionJa progress in @CelebJustDance - Not much longer to Waite now….. bit.ly/2gqZOZq @MKDonsSET

Mercer & Hole’s Michael Lapham impresses at the @MoneyMgmtMag Financial Planner Awards bit.ly/2yw3Ieetwitter.com/i/web/status/9…

Follow

LinkedIn

For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn