Tags: Families

Kim Wager (BIS): Shared parental leave and pay

What do parents currently get, and why are we changing it? From April next year, the Coalition Government will deliver on its pledge to encourage shared parenting by introducing a new entitlement to shared parental leave for working parents. The new system will enable an eligible woman to end her maternity leave and pay early…

Catherine Muirden: Becoming a parent

Catherine Muirden, Director of HR, Barclays Retail explains the extensive maternity policies in place at Barclays. Becoming a parent is a life-changing event, at whatever stage in our working lives that it takes place. From preparing ourselves for the new baby, to the challenges to our time, energy and resources which raising a child creates,…

Parents struggling to help their children make career decisions

Parents are the biggest influencers on young people when deciding their career path after leaving school, but half of parents feel ill equipped to help their children make these crucial life choices, according to research released today by EY. The study of over 90 trainees from EY’s school leaver programme revealed that 42% had first…

More men need to work part-time to allow women space to flourish

Too many able and well-qualified women will continue to be under-promoted and underpaid unless more men are prepared to work part-time and accept sideways career moves, according to a leading expert on workforce development. It is now well-known that women have overtaken men academically. Women also spend more time in adult education and training than…

Bank of America Merrill Lynch Returning Talent Programme opens for applications

Applications are now open for Bank of America Merrill Lynch’s third Returning Talent programme, which aims to help bridge the gap between being a stay-at-home parent or carer and re-entering the workplace. In partnership with the Mumsnet Family Friendly programme and The Executive Coaching Consultancy, the bank is looking to attract women and men from a range of backgrounds…

What is the impact of shared parental leave?

The Government has recently confirmed its plans to introduce a new system of  ´shared parental leave´, to allow mothers and fathers more flexibility in sharing parental responsibilities following the birth or adoption of a child. It has long been established that female employees have a right to take up to 52 weeks’ maternity leave –…

Parental leave bill is “well-deserved recognition of fathers rights”

Working mums and dads have learnt how the new system of shared parental leave will work for them and their employers, in an announcement by the Deputy Prime Minister Nick Clegg. In February, the government invited views on how the system for shared parental leave and pay should operate. The consultation looked at how the new…

60% of Over-50s have to juggle caring responsibilities with their jobs

With two in five women over the age of 50 also the mothers of school-age children, the TUC is urging employers to be more sympathetic to requests for flexible working and annual leave from older members of staff – especially during the school holidays. The TUC survey of older workers – conducted as part of…

Mary Fitzpatrick: It’s not about work-life balance, it’s about work-life integration

We believe that diversity in the workplace is crucial. A diverse workforce leads to diverse thinking and diverse thinking leads to efficient problem solving and innovation. In order to attract, nurture and retain a diverse workforce, one of the most important areas to have a clear policy on is what is often called ‘work-life balance’.…

Childcare is single greatest cost of raising a child

The average cost of raising a child to high school age now stands at almost £100,000, according to the latest Halifax research. The regional variations are huge, with the average cost almost £170,000 in London and £100,000 in the South East, falling to £75,000 in the West Midlands. Childcare is greatest monthly cost Childcare is…

Ben Black: What Are The True Benefits of Being a Family-Friendly Employer?

So what are the true benefits of being a family-friendly employer? It’s a good question. There’s lots of stuff written about being “family-friendly” and about how by being nice to your working mums you will somehow help the bottom line. But is that really true? As usual, hard numbers are difficult to come by but…

Working mums need more career support from employers

A survey, commissioned by Santander, found that a third (30%) of working mothers think that companies should put in place tailored career development plans, both during pregnancy and after they return to work, to help them catch up in their career. The survey of over 2,000 women found that only 33% of women who returned…

UK families owe nearly six months’ income in unsecured debt

Family borrowing rises 7% in a year while typical incomes falter Number of borrowers falls – but the amount they owe increases Having children prompts parents to get their finances in order Soaring debt and stalling incomes over the last year means UK families now owe the equivalent of more than five times their monthly…

Family incomes fall over summer holiday season

..But expenditure increases as families treat children Household incomes fall by 7% to £2,003 in line with school holiday season Amount spent on children’s activities soars by 33% year on year Family debts creep up by 13% over quarter to £10,563 The latest Aviva Family Finances Report, shows the average family income has fallen from…