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

Partner Insight: The Importance of Inclusive Health Benefits at Pivotal Moments

Partner Insight: The Importance of Inclusive Health Benefits at Pivotal Moments

A Conversation with Wendy Sherry, CEO, Global Health Benefits within International Health, Cigna Healthcare and Tammy Sun, Founder and CEO of Carrot Fertility.

Wendy Sherry, International Health and Tammy Sun, Carrot Fertility
clock 10 December 2024 • 7 min read
Lime Health to consult on NHS plan

Lime Health to consult on NHS plan

Collaboration with ministers

Cameron Roberts
clock 02 December 2024 • 2 min read
Standard Life sells employee benefits business

Standard Life sells employee benefits business

More than 140,000 employees join Benefex

Jaskeet Briah
clock 28 November 2024 • 1 min read