Statutory Maternity Pay (SMP) is a payment from your employer if you’re eligible and you’re taking time off work because you’re pregnant or have recently given birth. It’s paid for up to 39 weeks and is currently paid at a rate of 156.66 a week or 90% of your average weekly earnings, whichever is lower.
SMP is a vital safety net for new parents, providing financial support at a time when they may be facing additional costs. It also helps to ensure that women are not financially penalized for taking time off work to have children. Historically, SMP has been an important factor in reducing the gender pay gap and increasing women’s participation in the workforce.