Government publishes response to consultation on shared parental leave and pay
The government has published its response to the consultation on the administration of the new shared parental leave and pay system to be introduced in 2015. The response confirms the final details of how the new system will operate in practice.
In November 2012 the government published its response to the parental leave elements of the Modern Workplaces Consultation and confirmed that a new system of shared parental leave would be introduced in 2015 under which parents (or the mother and her partner) could choose to share up to 50 weeks’ shared parental leave (SPL) and 37 weeks’ shared parental pay (SPP), in place of the mother taking maternity leave and receiving maternity pay.
In February 2013 the government also published the Children and Families Bill, which includes provisions on the new system of SPL and SPP…
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The past five years have not been easy for Addleshaw Goddard. The firm’s revenue fell 7 per cent from £173.1m to £161.9m between 2008/09 and 2010/11 and despite finances looking up in 2011/12, when Addleshaws reported a 30 per cent increase in net profit, it has shown no notable compound growth in turnover since 2007/08.