Help! Paternity pay

Hi,

I am in a funny situation, as I am leaving my current job when my wife goes into labour,but I will technically be employed by them for 2 more weeks while I get my statutory paternity leave

I then plan starting my new job a month later.

However statutory paternity pay is shockingly low, and I will then have another 2 weeks without any income, which is not a helpful way to start raising a baby. My wife hasn't worked for a while so she does not get maternity leave either

Is there anything anybody can think of to help me get some extra income during this 1 month period?

Thanks

Comments

  • Kayalana99
    Kayalana99 Posts: 3,626 Forumite
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    Hmm....I don't know if because she isn't working it still counts but I know that goverments pay maternity pay in some situations perhaps look into it?

    You'd get tax credits and child benifits but it took 6 weeks for ours to get sorted as we had to register the baby and we couldn't get the appointment for 4 weeks after he was born, then obvouisly the paperwork has to be done...so that wouldn't be much help.

    Can't you stay in your current job untill your new job has a start date? :/ You could even just take the week off if your that short on money.
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  • Hello!

    When is your baby due? Is there any chance you could save some extra cash from your current wage before you're due to go on leave, might mean a few sacrifices here and there. But would be worth it to try and get some money to tide you over for the few weeks (I'm assuming you have to work a couple more weeks before getting paid from your new job)

    Also, will you get a final salary from your current job? I know that's usually paid in the next payroll run after you leave.

    You could start asking around now, if there are any bar jobs/part time jobs that will help you raise some cash before the big day! Congrats by the way :)
  • paddedjohn
    paddedjohn Posts: 7,512 Forumite
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    Can you bring the start date forward for the new job? Are you due any holiday pay when you leave your present job?
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  • StuC75
    StuC75 Posts: 2,065 Forumite
    Either save money in the meantime to build up a buffer to help through that lower earnings time..

    Is there any reason why choosing to change jobs at that time? [Attention wise may not be a good idea to be starting a new job just as become a new parent?]..

    Do you have any Annual Holiday that could be saved until then?

    Ive found in the past, that just because Paternity Leave \ Pay is available , its not financially wise to take it.. so have used alternatives such as Annual Holiday.. as basically paternity offering have been just a step up from Unpaid leave..

    Have you already given notice?
  • jackieblack
    jackieblack Posts: 10,314 Forumite
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    obi1da wrote: »
    I am leaving my current job when my wife goes into labour,but I will technically be employed by them for 2 more weeks while I get my statutory paternity leave
    I then plan starting my new job a month later.
    How do you know exactly when your wife is going to go into labour?
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