statutory paternity pay
statutory paternity pay (SPP)
A statutory benefit payable to employees on statutory paternity leave provided they earn at least the lower earnings limit. SPP is payable for up to two weeks at the "prescribed rate" (or "earnings-related rate" if lower) of statutory maternity pay (SMP).

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • statutory paternity pay — UK US noun [U] (ABBREVIATION SPP) LAW, HR, WORKPLACE ► money that must by law be paid to the father of a new baby while he is away from his job: »Most employees will be entitled to statutory paternity pay of £100 a week. → Compare STATUTORY… …   Financial and business terms

  • statutory maternity pay — UK US noun [U] (ABBREVIATION SMP) LAW, HR, WORKPLACE ► money that must by law be paid to a woman during the time she is allowed to be absent from work in the weeks before and after she has a baby: »Mothers are entitled to statutory maternity pay… …   Financial and business terms

  • paternity pay — ➔ pay1 * * * paternity pay UK US noun [U] HR ► money that is paid to a father while he is away from his job following the birth of his new baby: »The Employment Act rights cover flexible working, and maternity and paternity pay. → Compare… …   Financial and business terms

  • statutory paternity leave — A one or two week period of leave granted by statute on the birth (or adoption) of a child, to a male or female employee who is the spouse or partner of the mother (or other adoptive parent) and expects to have responsibility for raising the… …   Law dictionary

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