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.
