New statutory benefit rates announced
4 January 2012
The Government has published its new rates for statutory benefits, which will apply from April 2012.
The announcements include:
- The standard rates for statutory maternity pay, statutory paternity pay and statutory adoption pay will increase from £128.73 to £135.45. The weekly earnings threshold for these payments will rise from £102 to £107.
- Statutory sick pay will increase from £81.60 to £85.85, with the weekly earnings threshold also rising from £102 to £107.
- Maternity allowance will increase from £124.88 to £135.45, with the earnings threshold remaining at £30.
Understand your obligations and see how Ochre can provide employment law advice.