STD – Statutory Sick Pay (SSP) is GBP 79.15 per week, paid from the fourth day of sickness up to 28 weeks in any period of sickness for those earning more than GBP 95 per week.
Plan Eligibility
All residents. STD – All employees.
Plan Financing
LTD – Contributions to social security. STD – No advance financing. Paid when required from company assets. STD – Salary continuation for salaried staff during sickness for up to six months, usually at 100%, reducing after a period that depends on service. For hourly paid employees, practice varies; most of the time they will receive statutory sick pay only.
How Adequate Are Mandatory Benefits in Meeting Employee Needs?