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Increase in statutory rates and limits on tribunal awards 2024
April sees the increase to the National living and minimum wage rates, minimum rates for agricultural workers, statutory redundancy pay, statutory payments including SSP and limits on tribunal awards.
Types of contracts
In addition to contracts of employment, a number of other types of contracts exist.
Contracts of employment
A contract of employment is a legal agreement between an employer and an employee which sets out their employment rights, responsibilities and duties. The employment contract is made as soon as a job offer is accepted.