Statutory Payment Rates
The Government has published the statutory payment rates for maternity pay, paternity pay, shared parental pay, adoption pay and sick pay from April 2024.
Statutory Sick Pay
The rate of statutory sick pay will increase from £109.40 to £116.75 on 6 April 2024.
Family Leave and Pay
The standard weekly rate of maternity, adoption, paternity and shared parental pay will increase from £172.48 to £184.03 on 7 April 2024.
Parental Bereavement Leave and Pay
The standard weekly rate will increase from £172.48 to £184.03 on 7 April 2024.
Please refer to ‘Parental Bereavement Leave and Pay’ for more detailed information about this relatively new right.
Average Gross Weekly Earnings
The average gross weekly earnings required to qualify for Statutory Maternity Pay and these other family friendly payments remains at £123.00 or more.
Where an employee earns less than £123.00 per week on average, but was employed for 26 of the 66 previous weeks earning at least £30 per week (averaged over any 13 week period during the said 66 weeks), then they will be entitled to Maternity Allowance for 39 weeks of the smaller of £184.03 or 90 per cent of their average gross weekly earnings per week.
Employee Handbook Compliance Package