I've had a bit of a turn and thinking of creating a Maternity Leave payment for new mums. So I'm wondering if anyone else does this and what the story is?
My current thinking is be here at least 1 year (maybe 2) and I'll pay six weeks (maybe 4) normal pay. Given I'm an equal opportunities kinda person think I might do the same for the Dads who take leave. No conditions attached. Payable weekly or in a lump sum. (I have to look at tax implications)
Many moons ago I worked for an amazing company who offered a lump sum equivalent to 3 month's salary as an incentive if you agreed to return for at least a year. You also received assistance towards childcare (registered practice or proven direct relation) until the child entered education (5 year's old).
It was an absolute lifesaver for me and I was with the company for 17 year's in total.
Yes Trudy. Something like that. Say you get paid $1000 a week, you get $717 from the tax payer for paid parental leave. I'd top up $283 a week for, say six months. I'm going to have to do something for the men that take time off as well.
@julie - I have the lump sum sort of sorted. I'm offering the person who fills the gap a lump sum as compo if I bring the Maternity fixed term to an early close. Food for thought past the year mark. Best I get the first year covered first.