Nick Clegg’s proposals to let fathers take up to 10 months’ off work to look after their children could land employers with a £30m annual bill. The figure is based on the amount of extra paternity pay employers could be forced to fork out to match what they currently pay their female staff on maternity leave, as well as the sheer administrative costs of managing the scheme. Under the plans announced in a speech last week, women could transfer up to 10 months of their statutory year-long leave entitlement to men to encourage more fathers to care for their children and allow females to get back to work more quickly.
Yahoo, February 2011
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