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M&S or Barclays Maternity Leave - do you know?

(13 Posts)
me4sunny Tue 22-Sep-09 23:30:02

Have two offers - can't decide which one ot take - do you know what M&S or BarCap maternity policy is? Would like to have a second child in the next couple of years so maternity is THE factor when choosing ...

AxisofEvil Wed 23-Sep-09 11:56:50

Do you mean Barclays (retail etc) or Barclays Capital the investment bank? Because from friends there I understand the latter is far more generous.

onemoretimetoday Wed 23-Sep-09 18:10:35

I think that it totally depends what level you join M&S at. If you are Band 8 or above then the leave is pretty good and I think that you get paid for most of the time you are off plus, after a qualifying period are able to take a 5 year career break with a guarantee to come back at the same level although not necessarily to the same job. Since you are asking about Barclays Capital too I'm assuming you would go into a relatively senior position which would give you good leave. M&S are good for PT working and job shares too so I'd factor that in if it's something you may be interested in.

ruddynorah Wed 23-Sep-09 18:19:59

m&s is 14 wks full pay, then the rest is smp upto 9 months. job held open. great for flexi working. plus 20% staff discount comes in handy.

there isn't band 8 anymore it's band A to i think F. A being shop assistant. C or D as store manager. then area managers. head office follow similar pattern.

me4sunny Sat 26-Sep-09 22:36:58

14 weeks is really bad :-( no idea why i thought big companies all have good maternity policies :-( I was hoping for 6 months (can't afford to stay home without full or 90% pay)

when you say they are good for flexi work - what are they good at in particular? It is a headoffice job, btw.

me4sunny Sun 04-Oct-09 22:06:39

anyone jnows about maternity leave for Barclays Capital?

Ronipops Tue 06-Oct-09 12:32:43

Hi there - I don't know the details I'm afraid but I had a friend of a friend who was there and it was pretty good as I recall.

Let us know what you decide (might be looking to go into the financial sector myself one day and would be interested to know!)

Pinkjenny Tue 06-Oct-09 16:09:37

me4sunny - you are in cloud cuckoo land if you think 14 weeks is really bad.

lal123 Tue 06-Oct-09 16:12:09

14 weeks full pay is pretty good? In NHS its 8 weeks full, then 13 weeks half pay then SMP

Pinkjenny Tue 06-Oct-09 16:21:14

In all of the private sector organisations I have worked it's been statutory - 6 weeks at 90% and then SMP.

babyOcho Tue 06-Oct-09 16:23:36

BarCap I think is OML of 26 weeks, AML of 26 weeks. (need to have worked there for a certain length of time)

first 6 weeks of OML at 90%
remaining 20 weeks of OML at 100%
13 weeks of AML statuatory

So pretty much full pay for 6 months. Plus you still get your other benefits - healthcare, savings. And I would imagine you get pro-rated bonus (if youre entitled).


me4sunny Tue 13-Oct-09 13:32:57

Pinkjenny - I moved to UK from continental europe where usual ML is anywhere 6 and 12 months full pay; companies I worked here in UK for all had 6 months as a minimum (KPMG had a two year qualifing period though)

babyOch - do you know if they have a qualifing period for the 6 months ML?

I think I made my mind up but would need to wait for another couple of weeks until I can move forward ...

Knowing that I oculd stay with my two kids for 6months would actually be my deal breaker/maker (how times change - two years a go I would have not even read the maternity policy section in the contract:-)))

flyingcloud Tue 13-Oct-09 17:10:32

Not in France! 10 weeks here.

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