Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
Statutory Employee — A class of employee that is permitted to deduct work related expenses on Schedule C instead of Schedule A. Statutory employees are usually salespeople or other employees who work on commission. Statutory employees are independent contractors… … Investment dictionary
statutory redundancy payment — A statutory payment due to any employee with two years continuous employment who is made redundant. The amount of a statutory redundancy payment is calculated in the same way as the basic award, according to a formula based on the employee s age … Law dictionary
statutory maternity leave — (abbr. SMP) Maternity leave is governed by the Employment Rights Act 1996. All female employees who become pregnant are entitled to fourteen weeks maternity leave ( basic maternity leave ) and thereafter return to the same job. Those with two… … Law dictionary
statutory adoption leave — 1) The period of ordinary adoption leave (OAL) and additional adoption leave (AAL). 2) A period of adoption leave granted by statute to an employee with at least 26 weeks continuous service who adopts a child through a registered adoption agency … Law dictionary
statutory sick pay — (abbr. SSP) An employer is obliged under the Social Security Act 1992 to pay Statutory Sick Pay (SSP) for the first 28 months of absence if the employee has been incapacitated for four or more working days. Employees self certify for the first… … Law dictionary
employee — em·ploy·ee or em·ploye n: a person usu. below the executive level who is hired by another to perform a service esp. for wages or salary and is under the other s control see also respondeat superior compare independent contractor ◇ In determining… … Law dictionary
statutory paternity leave — A one or two week period of leave granted by statute on the birth (or adoption) of a child, to a male or female employee who is the spouse or partner of the mother (or other adoptive parent) and expects to have responsibility for raising the… … Law dictionary
employee share ownership plan — (ESOP) A discretionary trust, normally for the benefit of employees, ex employees and dependants. Used to supply shares on the exercise of share options as an alternative to issuing new shares. Also used in conjunction with long term incentive… … Law dictionary
statutory grievance procedure — (statutory GP) Part of the statutory dispute resolution procedures in force since 1 October 2004, that employers and employees must follow in relation to certain types of employee grievance. A more comprehensive procedure may be used, provided it … Law dictionary
statutory maternity leave period — (SMLP) The period during which an employee is on statutory maternity leave. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 … Law dictionary
