Career Clinic: Miserly maternity pay leaves mum-to-be strapped for cash
When I joined my current firm, I was encouraged to believe that my firm's maternity policy was in line with market standard in the City. Finding myself unexpectedly but happily pregnant, I recently had cause to check the details - and the arrangements are far from generous. Nearly half the additional maternity pay will be held back for a year and paid as a "bonus" only after I have been back at work for six months, which will leave me strapped for cash at the time I need it most.
December 13, 2007 at 07:15 AM
1 minute read
"When I joined my current firm, I was encouraged to believe that my firm's maternity policy was in line with market standard in the City.
"Finding myself unexpectedly but happily pregnant, I recently had cause to check the details – and the arrangements are far from generous. Nearly half the additional maternity pay will be held back for a year and paid as a "bonus" only after I have been back at work for six months, which will leave me strapped for cash at the time I need it most.
"Should I complain or is it better to put up and shut up?
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