A statutory 'week's pay' (the amount used to calculate a number of entitlements, including statutory redundancy pay) will increase on 6 April 2016 from £475 to £479, in line with the Retail Price Index.
The cap on compensation for unfair dismissal has been increased by the same proportion, to £78,962.
The current levels of basic statutory maternity, shared parental and adoption pay (i.e. after the first six weeks of leave), as well as statutory paternity pay, are frozen at £139.58 per week for 2016/17.
Statutory sick pay will also remain at £88.45 per week.
The new mandatory National Living Wage for those aged 25 and over is being introduced on 6 April. It will be £7.20 per hour. The new National Minimum Wage rates, coming in next October, were also announced in this week's budget. They are:
21 to 24 year olds: £6.95 per hour (up from £6.70)
18 to 20 year olds: £5.55 per hour (up from £5.30)
16 to 17 year olds: £4.00 per hour (up from £3.87)
Apprentices: £3.40 per hour (up from £3.30)
Accommodation offset: £6.00 a day (up from £5.35)