Car dealer Vertu Motors launches enhanced maternity pay scheme

Six months at 90% pay

clock • 1 min read

Aylesbury-based car dealer Vertu Motors has launched an enhanced maternity pay scheme in a bid to attract more women to the business.

The car dealership currently pays maternity pay at a rate of 90% of employees' average weekly earnings for the first six weeks of leave, followed by statutory maternity pay for the remaining 33 weeks - currently £151.97 per week. Under statutory maternity pay regulations, employees can take up to 52 weeks' maternity leave with 39 of those being paid. But under the new scheme, Vertu will pay the first six months of maternity leave at a rate of 90% of the employees' average weekly earnings, and then the remaining 12 weeks at statutory maternity pay level. Vertu employees will be enti...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Employee Benefits

PIB Employee Benefits acquires YouatWork

PIB Employee Benefits acquires YouatWork

Expands product portfolio

Jaskeet Briah
clock 08 April 2024 • 1 min read
91% of employers have hybrid workers

91% of employers have hybrid workers

EAPs critical for employee health

Cameron Roberts
clock 02 April 2024 • 1 min read
Spectrum.Life partners with Duality Healthcare

Spectrum.Life partners with Duality Healthcare

Advancing mental healthcare accessibility

Jaskeet Briah
clock 28 March 2024 • 1 min read