Alphabet Soup for Employers: Understanding Statutory Pay
Statutory pay is a crucial aspect of payroll compliance in the UK, yet it is often overlooked or misunderstood by both employers and employees. Whether you run a small business or are part of a larger organisation, understanding your legal obligations—and entitlements—is essential. Statutory pay refers to the minimum payments set by law that employers must provide to eligible employees during specific periods away from work, such as illness, maternity, paternity, or adoption leave.
