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EY enhances parental leave

London: EY says it will offer 39 weeks enhanced pay under new shared parental leave (SPL) regulations, which come into effect on Sunday. The new measures will equalise the firm's approach to mothers, fathers, partners and adoptive parents (parents), offering them greater flexibility and choice over how their child is cared for in the first year of its life. From 5th April this year, government regulations state that up to 50 weeks of leave can be shared between parents either at the same time or independently. EY will offer additional pay on top of the statutory entitlement for 39 weeks — 6 weeks full pay, followed by 33 weeks half pay — the equivalent of 2.5 weeks more pay than previously offered. Parents will also be able to take up to 20 'in touch' days (SPLIT days) per parent.

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