The Government has announced changes to statutory paternity leave, which will come into effect in April 2024. These changes aim to provide greater flexibility for parents and ensure that they can properly bond with their new child ...
Under the new regulations, parents will have the option to take their leave in a more flexible manner. This means that they can take their leave in blocks, rather than one continuous period. For example, a father can take one week of leave when the baby is born, and then take another week at a later date. This allows for a more balanced approach to parenting and can help parents better manage their work and family life.
Another important change is the introduction of 'shared parental leave'. This will allow parents to share their leave entitlement between them. This means that both parents can take time off work to care for their child, rather than just the mother taking maternity leave. This change aims to promote gender equality in the workplace and give fathers the opportunity to bond with their child from the very beginning.
The new regulations also include an increase in the weekly rate of statutory paternity pay. Currently, eligible employees can receive £172.48 per week or 90% of their average weekly earnings (whichever is lower) during their paternity leave. However, from April 2024, this rate will increase to £184.03 per week.
As an employer, it is important to be aware of these changes and how they may affect your employees. It is also crucial to ensure that your company policies and procedures are updated to reflect the new regulations.
These changes aim to provide greater flexibility for parents and promote gender equality in the workplace. These changes will come into effect in April 2024 and will apply to leave taken for babies born or adopted after this date.
As an employer, it is important to stay informed about the changes to statutory paternity leave and ensure that you are following the new regulations.
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