Thursday, October 29, 2009

Liberal Maternity Leave Laws Backfiring On Women In Britian

According to the London Telegraph the laws in Britain, meant to protect female employees, say "that women can take a year of maternity leave after having a baby, receiving 90 per cent of their average pay for six weeks then a further 33 weeks on the Statutory Maternity Pay of £117.18 a week, under legislation brought in by Tony Blair in 2003." Nichola Pease, deputy chairman and former chief executive of JO Hambro Capital Ltd, part of Credit Suisse Group, said international companies were put off hiring women because Britain offers new mothers a year off work compared with 12 weeks in the US.

"We have got to be realistic and make sure the protection around women doesn't end up backfiring,"
Pease told a parliamentary hearing into sexism in the financial sector. "That is actually one of my greatest worries."

"A year is too long and sex discrimination cases that run into the tens of millions are ridiculous," Pease said.

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