statutory sick pay

Definitions

Commerce

  • noun payment made each week by an employer to an employee who is away from work because of sickness.

Economics

  • noun state pay made by an employer to a worker who is sick. The payments are claimed back by the employer against his or her NI contributions. SSP is paid for working days, called qualifying days, up to a maximum of 28 weeks.

Law

  • noun
    (written as Statutory Sick Pay)
    standard pay given by an employer to an employee who is too ill to work, for up to a maximum of 28 weeks.
http://www.dictionarycentral.com/definition/statutory-sick-pay.html