What is meant by 'sick pay' in an employment context?

Sick pay refers specifically to the compensation provided to employees during periods when they are unable to work due to illness or injury. This benefit is crucial for employees as it ensures they receive a portion of their salary while they recuperate, helping to alleviate financial strain during times of health challenges. Employers often implement sick pay policies to support their workforce and promote a healthier work environment.

The other options do not accurately describe sick pay. A bonus for extra work pertains to additional compensation unrelated to health issues. A payment made upon termination refers to severance or final pay, which is distinct from sick pay as it involves payments given when an employee leaves the organization. A reduced salary for sick leave is also not an accurate representation of sick pay, as sick pay typically maintains an employee's full compensation to provide them with financial security during their illness.