The Government has published the statutory rates for maternity pay, paternity pay, shared parental pay, adoption pay and sick pay from April 2019.
Maternity, paternity, adoption and shared parental pay
The current weekly rate of statutory maternity pay is £145.18, 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 rising to £148.68 from April 2019. The increase normally occurs on the first Sunday in April, which in 2019 is 7 April.
Also on 7 April 2019, the rates of statutory paternity pay and statutory shared parental pay will to go up from £145.18 to £148.68 (or 90% of the employee’s average weekly earnings if this figure is less than the statutory rate).
The rate of statutory adoption pay will increase from £145.18 to £148.68.
This means that, from 7 April 2019, statutory adoption pay is payable at 90% of the employee’s average weekly earnings for the first six weeks, with the remainder of the adoption pay period at the rate of £148.68, or 90% of average weekly earnings if this is less than £148.68.
The rates normally increase each April in line with the consumer price index (CPI).
Stephen Simpson, principal employment law editor at XpertHR, says: “These are the key minimum statutory rates many employers will have been waiting for.
“This year, Brexit and the earlier Budget made the timing of their publication more uncertain, so it is good for employers that they have still been published well in advance of April 2019.
“This will help HR professionals to plan their budgets for 2019/20, and to prepare amendments to their policies and other documentation on family-friendly benefits for April 2019.”
The rate of statutory sick pay is also increasing from £92.05 to £94.25 on 6 April 2019.
To be entitled to these statutory payments, the employee’s average earnings must be equal to or more than the lower earnings limit.
The lower earnings limit is increasing from £116 to £118 in April 2019.