WebMay 25, 2024 · Details of any enhanced maternity pay should be included in company documents provided to staff. payment for weeks 1-6 equates to 90% of the average weekly earnings (AWE) payment for weeks 7-39 equates to the current amount of SMP (£156.66 for 2024/23), or 90% of AWE, whichever is lower. The payment should be made to employees … WebNov 26, 2024 · The current weekly rate of statutory maternity pay is £151.97, or 90% of the employee’s average weekly earnings if this figure is less than the statutory rate. The rate of statutory maternity pay is expected to rise to £156.66 from April 2024. The increase normally occurs on the first Sunday in April, which in 2024 is 3 April.

Rates and thresholds for employers 2024 to 2024 - Nicholsons

WebFeb 9, 2024 · Statutory Maternity Pay. Earnings threshold rates remain unchanged at £123, but the standard rate rises from £156.66 to £172.48 for Statutory Maternity Pay. Statutory Paternity Pay. WebMother's Equal Pay Day 2024 Nationally, the majority of women between ages 18 and 64 work and 1 in 4 working women, roughly 15.5 million, have a child under the age of 14 at … engineering evaluation process

April 2024 statutory maternity, paternity and sick pay rates …

WebDec 16, 2024 · The below statutory weekly pay rates are expected to increase by 10.1% from 10 April 2024, as follows: statutory sick pay (SSP) increases from £99.35 to £109.40. statutory maternity pay (SMP) and maternity allowance increase from £156.66 to £172.48. statutory paternity pay (SPP) increases from £156.66 to £172.48. Web2024/24 Statutory pay rates – average weekly earnings £120 or over ; Statutory Sick Pay: £109.40: Statutory Maternity Pay : First six weeks: 90% of weekly earnings: Next 33 … Web️ The 2024/24 rates for statutory maternity, paternity and sick pay have been set by the Department for Work and Pensions. . ️ The new rates, which take… engineering ethics tutorial