Statutory sick pay reform ‘could boost UK economy by £3.9bn’
The UK economy could get a £3.9bn boost over the next five years if the government reforms the 40-year-old Statutory Sick Pay (SSP) system. That’s according to a report from employee benefits specialist Unum UK based on research conducted by WPI Economics. SSP was introduced in the early 1980s but has gone largely unreformed, failing […]
Paid sick leave most in-demand employee benefit
Paid sick leave tops the list of benefits and incentives that matter most to British employees, according to new research by HR and payroll software provider CIPHR. Perhaps unsurprisingly, after two years of pandemic-led disruption and rising living costs, among the most popular employee benefits are those which help supplement squeezed incomes, support people’s health, and encourage […]
Should employers cut sick pay for unvaccinated staff?
Companies including IKEA and Wessex Water are reportedly cutting sick pay for unvaccinated employees who are self-isolating; instead of receiving full pay, they will now only be eligible for SSP. Under current Government guidance, people in England who have received at least 2 doses of the Covid vaccine are not required to self-isolate, however, unvaccinated […]
The UK is the 3rd Worst Country in Europe for Sick Pay
With over 83,000 Google searches a month for the term ‘statutory sick pay’, a new report by The Compensation Experts has ranked European Nations on how well they compensate their citizens in times of ill health. Iceland leads the way in Europe for their workers’ sick pay package. Employees across the Nordic nation are entitled to an impressive […]
