Statutory Sick Pay - Who funds it?

The_3rd_Zebu

I will be off work for a few weeks soon following an operation.

I know I will be eligible for Statutory Sick Pay and this should get paid by my employer via my normal wages channel.

However I was wondering whether the money actually comes from my employer's own funds or does my employer claim it back from the Government?

Anyone know?

allen35

It depends on how much Class 1 NICS your employer pays on behalf of employees and how much is paid out in SSP

Here is the link for employers to work out recovery

http://www.hmrc.gov.uk/calcs/ssp.htm

The_3rd_Zebu

Thanks for that allen35.

That is a very useful link.