Statutory Payment Increase

All employers! Be sure that you have made relevant changes, in line with the statutory payment increases effective April 2019.

From 7thApril the following statutory rates apply:

Statutory Maternity Pay (SMP) 90% of the employee’s average weekly earnings for the first 6 weeks, followed by £148.68 per week (or 90% of the employee’s average weekly earnings if this figure is less than the statutory rate).
Statutory Paternity Pay (SPP) £148.68 per week (or 90% of the employee’s average weekly earnings if this figure is less than the statutory rate).
Statutory Adoption Pay (SAP) 90% of the employee’s average weekly earnings for the first 6 weeks, followed by £148.68 per week (or 90% of the employee’s average weekly earnings if this figure is less than the statutory rate).
Statutory Shared Parental Pay (ShPP) £148.68 per week (or 90% of the employee’s average weekly earnings if this figure is less than the statutory rate).
Statutory Sick Pay (SSP) £94.25 per week.

 

To be eligible for these statutory payments, the employee’s average earnings must be equal to or more than the lower earnings limit (LEL). Effective April 2019, the LEL will increase from £116 to £118.

For further advice and support on the above, please contact us.

 

Do you know if your business is fully HR compliant?

Complete the FREE Harwood HR Comprehensive Compliance Audit today?
It may take about 10 minutes to complete, but it’s well worth it for the through and detailed results, Get personalised insights into your company’s HR practices, identify potential gaps, reduce risks, and improve your overall compliance, all at no cost!

Start the Audit
HARWOOD HR’S BLOG

Looking for an insightful and informative read on the world of HR? Look no further than Harwood HR blogs!

statutory payment

How Can Workplace Mediation Improve Employee Relations and Morale?

Workplace conflict is more common than many organisations realise. A recent survey by Acas found that 44 per cent of workers in Great Britain have experienced workplace conflict in the...

Read more