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Profit Share during Maternity Leave
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nutter
Posts: 127 Forumite
My wife is about to give up work for her maternity leave for 6 months in March. Her company pays profit share twice a year between Jan and June and July and december.
Does any one know if she will still be entilted to this when she is on maternity leave, or if she forfits any money.
Any help wil be most appreciated.
Nutter
Does any one know if she will still be entilted to this when she is on maternity leave, or if she forfits any money.
Any help wil be most appreciated.
Nutter
A shadowy flight into the dangerous world of a man who does not exist.
A young loner on a crusade to champion the cause of the innocent,
the helpless, the powerless, in a world of criminals who operate above the law.
A young loner on a crusade to champion the cause of the innocent,
the helpless, the powerless, in a world of criminals who operate above the law.
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Comments
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I got mine while I was off
She needs to ring her HR dept as not all companies will be the same but as far as I can see, she's an employee so she's as entitled as anyone else :-/Just run, run and keep on running!0 -
Thanks Jay Jay for your quick reply.
During this time every penny helps.
Baby clothes, nappies, ectA shadowy flight into the dangerous world of a man who does not exist.
A young loner on a crusade to champion the cause of the innocent,
the helpless, the powerless, in a world of criminals who operate above the law.0 -
You're very welcome
She's best to ring up though to check... then you can plan ahead......
She's also entitled to annual payrises if she usually gets them.
Don't forget Working Tax Credit, Sure Start Grants (if you're entitled) and child benefitJust run, run and keep on running!0 -
whilst on maternity leave you are still classed as an employee so she should be entitled to it0
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According to my contract of employment I am entitled to only a pro-rata of profit share & bonus whilst on maternity leave :-/. I am entitled to my full annual leave entitlement or payment in lieu though ;D.Post Natal Depression is the worst part of giving birth:p
In England we have Mothering Sunday & Father Christmas, Mothers day & Santa Clause are American merchandising tricks:mad: Demonstrate pride in your heirtage by getting it right please people!0 -
The DTI do a v. useful publication called 'Maternity Rights'. The code is
PL 958. My copy says 'Whether a bonus is payable to an employee on maternity leave depends on the type of bonus and the terms of the particular bonus scheme.' So it's off to HR I guess.
Good luck with everything£2 savers club - £62
Relaunched grocery challenge:
March target: £150 on food, £50 on other stuff - still not doing very well at keeping track...
:hello:0
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