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Calling all ladies who work in the City....


I am due to begin maternity leave in August before the birth of my first baby and my current employer, a mid sized bank, only offers the statutory minimum in terms of maternity pay. I would be very interested to hear from anyone who works in the banking/financial sector who is willing to share details of their own employer's policy in the hope that I might be able to discuss an improved package at work.


Feel free to PM me if you would prefer details to remain confidential. I will of course use all information provided on an anonymous basis.


Any input would be very much received. Thank you all! x

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https://www.eastdulwichforum.co.uk/topic/23259-maternity-policies-in-the-city/
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I work for a Big 4 accountancy firm and we get 16 weeks at 90 per cent pay and then statutory after that. Additional cash benefits continue throughout so for instance, my car allowance which is in cash, gets paid throughout maternity leave in full, as well as medical insurance and pension contributions.


Transparency in maternity pay policies would be great so that we are empowered to take it up with employers as part of package negotiations.

Magic circle law firms are very similar to the big 4 accountancy firms. (Although some make you pay some back if you don't stay for 6 months/1 year after you return from maternity leave)


Mid-sized law firms are typically much less generous although some are better than others. The one I just left had a sliding scale, depending on how long you had worked there. The best was 6 weeks at 90% and then 6 weeks at 75% (then statutory).


I agree - transparency would be very helpful....

I used to work for a big American insurer and it was 10 weeks full pay, 16 weeks 1/2 pay. Broker firms were worse and offered the statutory.

I think there was a similar thread a few months back so it might be worth doing a search.

Most companies over a certain size are supposed to have consultation groups. Maybe they could help? Or could just infuriate your company...

http://www.direct.gov.uk/en/employment/employeeinformationandconsultation/dg_10028095

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