Stop asking "what is statutory sick pay" and start preparing for the new SSP changes to the sick pay reforms in 2026 before its too late.

A statutory bonus is a payout that is required by law. The payment of a statutory bonus under the Payment of Bonus Act 1965 is a matter of entitlement for the employee, not of choice for the employer.

Statutory expenses derive from statutory accounting, a system of accounting used by the insurance industry in the United States. Most consider statutory accounting more conservative than accounting ...

Justice Kuncheam said that the right to receive gratuity is a statutory right; the authorities cannot take it away except ...