TechHR
ex
L&D
SANDBOX
Sphere
About Us • Contact Us
People Matters Logo
Login / Signup
People Matters Logo
Login / Signup
  • Current
  • Top Stories
  • News
  • Magazine
  • Research
  • Events
  • Videos
  • Webinars
  • Certifications

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

 

 

  • HotTopic
    LeadersSpeak
  • Strategy
    Leadership Csuite StrategicHR EmployeeRelations
  • Recruitment
    Employer Branding Appointments Permanent Hiring Recruitment
  • Performance
    Skilling PerformanceMgmt Compensation Benefits L&D Employee Engagement
  • Culture
    Culture Life@Work Diversity Watercooler SheMatters
  • Tech
    Technology HR Technology Funding & Investment Startups
  • About Us
  • Advertise with us
  • Become a sponsor
  • Contact Us
  • Feedback
  • Submission Guidelines

Follow us:

Privacy Policy • Terms of Use

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

People Matters Logo
  • Current
  • Top Stories
  • News
  • Magazine
  • Research
  • Events
  • Videos
  • Webinars
  • Certifications
Login / Signup

Trending:

  • #Wellness First With MediBuddy

Categories:

  • HotTopic
    LeadersSpeak
  • Strategy
    Leadership Csuite StrategicHR EmployeeRelations
  • Recruitment
    Employer Branding Appointments Permanent Hiring Recruitment
  • Performance
    Skilling PerformanceMgmt Compensation Benefits L&D Employee Engagement
  • Culture
    Culture Life@Work Diversity Watercooler SheMatters
  • Tech
    Technology HR Technology Funding & Investment Startups
New South Wales and New Zealand elevate the impact of their parental leave policies

News • 14th Jun 2022 • 2 Min Read

New South Wales and New Zealand elevate the impact of their parental leave policies

Compensation & BenefitsEmployee Relations

Author: Asmaani Kumar Asmaani Kumar
618 Reads
While New South Wales overhauls its paid parental leave scheme for public sector workers, New Zealand hikes paid parental leave entitlements starting July in a move that will affect 20,000 families.

The overhaul reported in NSW involves the government removing the distinction between a "primary" or "secondary" giver starting October to grant the mother and father at least 14 weeks of paid parental leave. "These changes to our parental leave offerings will encourage more equal sharing of caring responsibilities right from the start of a child's life," said Bronnie Taylor, Minister for Women, as reported by media. 

Private companies are also expected to follow in the footsteps of the government. An additional encouragement also lies in a first-of-its-kind two-week bonus, which will be given to partners if they equally share paid parental leave entitlements. This will apply when each parent, including those outside the public sector, avails at least 12 weeks of parental leave and exhausts any paid parental leave offered by their employers. When it comes to single parents, they will be eligible for 16 weeks of fully paid parental leave.

While ministers in Australia are taking note of the low percentage (12%) of men availing of paid parental leave, government leaders in New Zealand are taking account of inflation in their policy changes. In an announcement by Michael Wood, Workplace Relations and Safety Minister, New Zealand is granting new parents an extra $40 a week when they avail paid parental leave entitlements starting July 1.

"We know things are tough right now for many families as global inflation affects prices here at home, today's announcement will help ease some of that pressure by putting an extra $40 a week in the pockets of those taking new parents," said Wood. 

This means from the previous $621.76, new parents will start receiving a maximum rate of $661.12 every week, a 6.3% increase before tax. In addition, the minimum rate for self-employed individuals will also be hiked to $212 per week, equivalent to 10 hours of the minimum wage of an adult worker. In terms of paid leave, eligible employees may avail up to 26 weeks of paid parental leave. 

An impactful step taken by both these governments highlights the importance of considering social and economic changes and their influence on parental responsibilities. Corporations, in their endeavour to address well-being, must step up to incorporate these new legislations; it’s also an opportunity to imagine and redefine the different ways in which we can do right by our employees.

Read More

Did you find this article helpful?


You Might Also Like

The hit and miss of Australia's Jobactive system

NEWS • 28th Jun 2022 • 2 Min Read

The hit and miss of Australia's Jobactive system

Compensation & BenefitsEmployee Relations
Rolls-Royce workers reject £2,000 cash bonus

NEWS • 22nd Jun 2022 • 1 Min Read

Rolls-Royce workers reject £2,000 cash bonus

Compensation & Benefits
Happy with your benefits? These workers are not

NEWS • 17th Jun 2022 • 2 Min Read

Happy with your benefits? These workers are not

Compensation & Benefits
NEXT STORY: Yahoo appoints six new members to board of directors

Trending Stories

  • design-thinking-hr

    Top future skills in HR

  • design-thinking-hr

    What makes a workplace LGBTQ+ inclusive?

  • design-thinking-hr

    Executive education makes a transition, from 'good to have' ...

  • design-thinking-hr

    Why are organisations increasingly choosing to invest in LGB...

Upcoming Event: View All

Event Title 25 Aug Conference

People Matters TechHR Singapore 2022

Free 1:30 PM AEST
11:30 AM SGT

People Matters Logo

Follow us:

Join our mailing list:

By clicking “Subscribe” button above, you are accepting our Terms & Conditions and Privacy Policy.

Company:

  • About Us
  • Advertise with us
  • Become a sponsor
  • Privacy Policy
  • Terms of Use

Contact:

  • Contact Us
  • Feedback
  • Submission Guidelines

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

Get the latest Articles, Insight, News & Trends from the world of Talent & Work. Subscribe now!
People Matters Logo

Welcome Back!

Enter your registered email address to login

Not a user yet? Lets get you signed up!

A 5 digit OTP has been sent to your email address.

This is so we know it's you. Haven't received it yet? Resend the email or then change your email ID.

People Matters Logo

Welcome! Let's get you signed up...

Starting with the absolulte basics.

Already a user? Go ahead and login!

A 5 digit OTP has been sent to your email address.

This is so we know it's you. Haven't received it yet? Resend the email or then change your email ID.

Let's get to know you better

We'll never share your details with anyone, pinky swear.

And lastly...

Your official designation and company name.