United Kingdom: Increases to statutory leave payments

In brief

The government has published draft regulations setting out the proposed annual increases in statutory leave pay such as statutory maternity and other family leave pay rates, and statutory sick pay that will come into force in April 2024.


Contents

Key Takeaways

Statutory sick pay

From 6 April 2024, statutory sick pay will rise from GBP 109.40 to GBP 116.75 per week.

Statutory maternity, paternity, adoption, shared parental and parental bereavement pay

From 7 April 2024, statutory maternity pay, paternity pay, adoption pay, shared parental pay, and parental bereavement pay will rise from GBP 172.48 to GBP 184.03 per week.

Maternity allowance

From 8 April 2024, maternity allowance will rise from GBP 172.48 to GBP 184.03 per week.

In addition, national living wage and national minimum wage will also increase from 1 April 2024 as previously reported.

For advice or to discuss what this means for you and your business, please contact your usual Baker McKenzie.


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