The government have published the new statutory rates for maternity pay, paternity pay, shared parental leave. These rates will be effective from 5th April 2020.
Statutory right | Current Rate | New rate (April 2020) |
Maternity Leave | £148.68 | £151.20 |
Paternity Leave | £141.68 | £151.20 |
Shared Parental Leave | £148.68 | £151.20 |
Adoption Leave | £148.68 | £151.20 |
Statutory Sick Pay | £94.25 | £95.85 |
These rates tend to rise each year in April in line with the consumer price index (CPI).
In order for your employees to qualify for these types of rights, your employees’ earnings must be equal to or be more than the lower earnings limit.
If you have employees that are due to take any type of family friendly leave, ensure that you are prepared by being aware of these rates.
Have a question about these rates or anything HR? Get in touch with us giving us a call on 0115 870 0150 or email us on support@guardian.online.