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Employment lawMaternityLatest News

Cash-strapped mums forced to cut short maternity leave

by Mike Berry 27 Jan 2006
by Mike Berry 27 Jan 2006

New mothers in the UK are being forced to cut short their maternity leave over concerns about their finances.


Just 39% of new mums take advantage of their full maternity leave entitlement, with 51% saying that financial motives are a key reason for returning to work early, according to a survey by insurer ING Direct.


But 55% of mothers earning £30,000 or more cited love for their job as the reason for returning to work early.


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Living costs during maternity leave are more than £6,500 over the full six months – based on estimates by mothers with children under five.


ING Direct chief executive Lindsay Sinclair, said: “It’s vital that people who are planning a family think about the financial consequences and save accordingly. Good financial planning should mean that new mums won’t have to cut their maternity leave short.”

Mike Berry

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