Every year, in line with inflation, the UK government publishes the proposed statutory rates for maternity pay, paternity pay, shared parental pay, adoption pay, parental bereavement pay and sick pay for the following April. Rates have just been released for April 2022, to give employers ample time to update their HR documentation.
The current weekly rate of statutory maternity pay is £151.97, 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 expected to rise to £156.66 from April 2022. The increase normally occurs on the first Sunday in April, which in 2022 is 3 April.
Also on 3 April 2022, the rates of statutory paternity pay and statutory shared parental pay are expected to go up from £151.97 to £156.66 (or 90% of the employee’s average weekly earnings if this figure is less than the statutory rate).
The rate of statutory adoption pay goes up from £151.97 to £156.66.
This would mean that, from 3 April 2022, 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 £156.66, or 90% of average weekly earnings if this is less than £156.66.
The weekly rate of statutory parental bereavement pay, which is available to employees on parental bereavement leave, is also topped up from £151.97 to £156.66.
The rates normally increase each April in line with the consumer price index (CPI).
Supportis can assist with not only queries on statutory rates, we also offer timely advice to iron out any employee issues you may face – from disciplinary to annual leave – we cover it all! We are also soon launching a brand new, specially developed management system, to save your admin time and help your business flourish. Contact us today on 0161 603 2156 or email us at [email protected] to see how our friendly team can assist you.