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Deloitte equalises paid parental leave

Employee Benefits

Accounting firm Deloitte UK is to equalise parental leave , in order to give fathers the same paternity pay as it does maternity pay for mothers. The policy of 26 weeks of fully- paid family leave for all new parents will come into effect on 1 January 2025 and will be a day-one right.

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What actions can employers take to close the gender pensions gap?

Employee Benefits

More employers could introduce gender inclusive paid parental leave to prevent and try to close gender pension gaps. 2) Bill will remove the lower earnings limit, enabling more employees to pay into a pension. appeared first on Employee Benefits. The Pensions (Extension of Automatic-Enrolment) (No.

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Two Neighboring States Recently Joined a Growing Movement to Provide Paid Family Leave

McNees

To be eligible for the leave, employees must have worked at least 680 hours over the 12-month period before the leave begins. Employees also must exhaust all voluntarily provided paid leave before taking paid leave under this law. Employers with 10 to 24 employees only need to offer parental leave.

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Do employers have a role to play in overcoming the UK childcare crisis?

Employee Benefits

This will be introduced in stages, with 15 hours of free childcare available from April to parents with two-year-old children and from September for those with children aged nine months and above. It will then be extended to 30 hours for those with a child aged under five in September 2025. appeared first on Employee Benefits.

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Bank of America raises minimum hourly wage for US employees

Employee Benefits

Bank of America has raised its minimum hourly wage for its US employees to $24 (£18.34) per hour as part of its commitment to increase the rate to $25 (£19.10) by 2025. The post Bank of America raises minimum hourly wage for US employees appeared first on Employee Benefits.

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Gucci recognised for gender parity and disability inclusion

Employee Benefits

The brand conducted a global analysis of gender pay equity in 2021 and is committed to eliminating any disparities through initiatives by 2025. The post Gucci recognised for gender parity and disability inclusion appeared first on Employee Benefits.

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What Are Job Candidates Looking For When Joining a Company?

Hppy

With 75% of the expected workforce to consist of millennials in 2025, it is crucial to align the work environment with the major norm. When you have encouraging work environments, it can lead to improved performance from your employees. Employers who can offer these types of benefits are more attractive to potential employees.