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This sounded unlikely to me (I'm from the UK), but https://www.gov.uk/recover-statutory-payments https://www.gov.uk/recover-statutory-payments confirms that UK
by pm215 8y ago
This sounded unlikely to me (I'm from the UK), but https://www.gov.uk/recover-statutory-payments https://www.gov.uk/recover-statutory-payments confirms that UK employers can recover 92% of statutory maternity/paternity pay that they pay to employees, or 103% if they are a sufficiently small employer.
Note that this is only for the statutory minimum -- many employers offer better-than-statutory as part of their benefits package.
But I disagree with you that the major reason why every company offers at least the statutory minimum is because they're getting a rebate. I think it is simply because it is a legal requirement. The rebate is just the government as a policy choice shifting the cost of it around a bit.
- kosievdmerwe 8y agoThe rebate affects how much companies complain and lobby for changing the law though.
- zdragnar 8y agoIf the rebate were offered, without a legal requirement, most or all companies would probably provide the benefit, since it's basically free for them and they'd lose candidate recruits to their competitors otherwise.
- johnchristopher 8y agoI am surprised no one makes the argument that even if the government cover the salary costs there's still missing money in the form of the employer's work added value to the company (his output is worth more than his salary).
- johnchristopher 8y agos/employer/employee (sorry, can't edit)