Is OSP full pay?
Occupational Sick Pay is generated when you have been absent through illness on full pay. This amount is paid to top up the Statutory Sick Pay processed so that you will receive full pay for the absence in accordance with your Terms & Conditions of Employment.
How long do you get OSP for?
SSP can be paid for up to 28 weeks – either in one period of sickness, or in several periods, each one separated by eight weeks or less. Each period of sickness must last at least four days in a row.
What is OSP scheme?
What is an OSP payment? An OSP payment refers to a payment of occupational sick pay under the terms and conditions of an employee’s contract of employment. An employee will be entitled to OSP where the occupational pay scheme has been incorporated into the terms of their employment contract.
Is occupational sick pay a benefit?
Usually occupational sick pay is inclusive of Statutory Sick Pay (your minimum entitlement when you are unable to work at your job due to sickness). The amount you are due will depend on what is included in your employment contract. Self employed people are not covered.
How long do I get occupational sick pay?
The Basics
- SSP is payable for up to 28 weeks.
- SSP is payable from the 4th consecutive day of absence (the first three being unpaid)
- You don’t pay the first three days unless the employee has received SSP within the last eight weeks.
- SSP is paid on days that an employee would normally work.
What is occupational maternity pay?
Occupational maternity pay is an optional payment that you can make as an employer. You pay it on top of the Statutory Maternity Pay that you can pay your staff while they’re on maternity leave. When one of your staff goes on maternity leave, you must pay them Statutory Maternity Pay (SMP). You probably knew that.
How is occupational sick pay calculated?
The calculation for the OSP Pay Element is the Daily Rate multiplied by the amount of working days that the employee was sick for. The days which qualify as working days in this instance, is determined by the SSP Entitlement tab located in the Employee Record.
How much is occupational sick pay UK?
Your employees may be eligible for Statutory Sick Pay ( SSP ), which is £96.35 a week for up to 28 weeks. This guide is also available in Welsh (Cymraeg). You can offer more if you have a company sick pay scheme (you cannot offer less).
Can I get ESA and occupational sick pay?
If you’re employed but you can’t work, you’ll usually get Statutory Sick Pay (SSP) from your employer for 28 weeks. You can’t get SSP and ESA at the same time, but you can start your ESA claim up to 3 months before your SSP ends.
Do I get full SSP if I work part time?
You may be wondering “do I still need to pay sick pay if my staff don’t work full-time?” Yes, your employees should still receive statutory sick pay (SSP) even if they work part-time, providing they meet the qualifying criteria.
Is occupational maternity pay on top of SMP?
It’s an optional payment that you choose to give your staff on top of SMP. And just like SMP, you pay it for a set amount of time. Usually, you give staff occupational maternity pay under the condition that they return to work after maternity leave.