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What is statutory sick pay (SSP)?
Statutory sick pay (SSP) is a mandatory payment that employers are required to make to employees who are unable to work due to illness or injury. It ensures that employees receive income during their period of sickness.
What qualifies an employee for SSP?
To qualify for SSP, employees typically need to meet certain criteria, including being absent from work for a specified number of days (e.g., around 4 days), providing evidence of illness or injury (e.g., a doctor's note), and earning above a certain threshold in the period leading up to their illness.
How is the amount of SSP determined?
The amount of SSP an employee receives can vary depending on the country, jurisdiction, and specific circumstances. There are different types of SSP, including enhanced SSP (additional sick days), flat rate SSP (a set amount of pay), and percentage SSP (a percentage of the regular pay rate), each with its own calculation method.
How can companies manage SSP for a global workforce?
Managing SSP for a global workforce can be complex due to varying rules and regulations in different countries. To navigate this, companies can use global payroll solutions that help them stay informed about global regulations, automate payroll and payment processes, and ensure compliance to avoid penalties.