It’s a long way off but the time does fly!
Shared parental leave (SPL) and pay is to be extended to working grandparents, Chancellor George Osborne has announced.
A consultation is scheduled for 2016 where the policy, intended to give parents more flexibility during a child’s first year, is expected to be implemented in 2018.
The policy aims to benefit single parents and families where one parent is self-employed and cannot take SPL.
Pay & Benefits Magazine reported that recent research conducted amongst new mothers showed that they are reliant on grandparents for childcare on their return to work, enabling older workers to stay in employment longer. Almost two million people had given up work, reduced their hours or taken time off work to help family members who could not afford childcare.
Payandbenefitsmagazine.co.uk – November 2015