The statutory payment rates for 2012/13 are as follows.
- The weekly rate of Statutory Sick Pay (SSP) is £85.85.
- The weekly rate of Statutory Maternity Pay (SMP) is 90% of the employee's average weekly earnings for the first six weeks - followed by the lower of 90% of average weekly earnings or £135.45 per week for the remaining weeks of the maternity pay period.
- The weekly rate of Statutory Paternity Pay (SPP), Additional Statutory Paternity Pay (ASPP) or Statutory Adoption Pay (SAP) is the lower of 90% of the employee's average weekly earnings or £135.45 per week.
- The payment of SSP, SMP, SPP, ASPP or SAP is subject to the employee's average earnings being at least £107.00 per week.
No comments:
Post a Comment