Changes to Statutory Sick Pay – Another Financial Blow for Small Businesses in New Announcement

changes to statutory sick pay

Changes to Statutory Sick Pay – Another Financial Blow for Small Businesses in New Announcement

Low-paid workers will now be entitled to 80% of their earnings from the first day that they are sick in new changes to Statutory Sick Pay.

Previous Sick Pay Rules

Previously, an employee will only qualify for sick pay after being ill for 3 consecutive days and earn an average of £123 a week.

Concerns for Small Businesses

The British Chambers of Commerce warned that allowing sick pay from the first day of illness will undoubtedly lead to increased staff absence that small workforces could struggle to handle.

Jane Gratton, deputy director of public policy at the BCC has concerns that difficulties in finding shift cover at short notice would only be intensified by the plans – leading to disruption for customers.

Employers have already had to absorb an increase in both minimum wage and employers’ National Insurance. Many businesses say that this additional cost will only further damage growth and lead to more unemployment.   

Mitigating the Impact for Your Business

Let us take the full brunt of the new Statutory Sick Pay requirements – use our workforce rather than trying to manage the financial burden that comes with having your own.

We have a team of friendly and professional customer service advisors that can handle you incoming calls, manage your general enquiries, forward your calls and even take orders and process payments. We have a large range of services that we can shape and adapt to really meet your individual needs. Why not have an informal chat with one of our team today. Outsourcing could be a great financial step for your business in 2025. 

Call 01273 741400 or visit our website.

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