Wise triggers staff backlash after cutting paid paternity leave Fintech Money transfer firm Wise is facing uproar from staff after cutting paid paternity leave, City AM can reveal, even after its own billionaire boss took a three-month sabbatical to spend time with his newborn. The UK fintech reduced its paid leave for fathers and secondary caregivers earlier this month from 18 weeks to eight, in [...]
Maternity pay is an investment, not a cost Opinion Shortsighted criticism of the cost and admin involved in maternity leave do not take account of the wider benefits to society, says John Oxley There may be some businesses that bristle at the costs and admin of maternity leave. While the state essentially picks up the tab for statutory leave, this doesn’t stretch to the [...]