In order to assist expectant parents and make things easier, the Government has launched new online tools to check their eligibility, their understanding of Shared Parental Leave and Pay, and to also calculate how much pay they are entitled to. Further to this, these online tools will also allow them to download the documents they need in order to apply for leave from their employers.
What is Shared Parental Leave and Pay?
This initiative aims to support working parents by allowing them to mix and match up to 50 weeks of leave and 37 weeks of pay during their child’s first year. It gives working families more flexibility and choice about who will care for their child in the first year and also when. The scheme helps working women to have more choice about when they go back to work and it also supports fathers and partners in playing greater roles in their child’s care.
How this initiative works is that parents may agree on a pattern of leave that suits them and their employer. They can then take leave and pay in up to 3 blocks (or more if the employers agree), while also being able to return to work between these periods, if they wish to.
Working parents who are eligible may be able to spend up to 6 months off work together or stagger their leave and pay so that there is always one parent at home with their child in the first year.
In addition, parents will also have access to up to twenty ‘Shared Parental Leave in Touch Days (SPLiT) and can use one or more of their SPLiT Days to work during a week that they are on Shared Parental Leave.
Should both parents wish to trial working part-time, this will enable them to do so while they are on Shared Parental Leave. As an example, either parent can trial working a 2-, 3- or 4-day week by using their SPLiT days.
For more information about holidays, time off work, sick leave, maternity leave, and paternity leave, you can visit the government website here.
About Stuart Mosley
Stuart Mosley (CeFA, CeMap, CLTM) founded SJ Financial Solutions in June 2005 having spent 12 years with big corporates such as Halifax and Santander. He felt the personal touch and straight speaking was missing from financial and mortgage advice services and set up SJ Financial Solutions to change this.
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