Global real estate firm Knight Frank, property platform Zoopla and investment manager Baillie Gifford have been named the UK employers that offer some of the best parental leave packages.
To create the list, Nugget Savings, which helps parents financially prepare for parenthood, analysed more than 800 organisations’ parental leave packages, submitted by over 200,000 parents-to-be who are current or past employees.
The employers were ranked on their parental policies, scoring highly if they offer six months or more parental leave at full pay, and sorted by which provides the highest pay and leave. The results were then filtered by those that offer gender-equal policies, IVF funding, egg freezing, and miscarriage support.
Baillie Gifford was ranked first because it offers 26 weeks at 100% of the employee’s basic salary and 13 weeks at 50% for those taking maternity and paternity leave, from day one of employment.
Knight Frank was rated second because it provides 26 weeks of parental leave for both mothers and fathers at 100% full pay, offering up to 52 weeks in total. Zoopla ranked third as it offers a year off for mothers with six months of full pay, three months of half pay and three months of no pay, as well as eight weeks of full pay and four weeks of half pay for fathers.
The top 10 UK employers that offer the best parental leave packages are:
- Baillie Gifford
- Knight Frank
- Zoopla
- J P Morgan Chase
- Ticketmaster
- Lloyds Banking Group
- Flutter
- Phoenix Group
- Cambridge University Press
- University of Liverpool
Katie Guild, co-founder of Nugget Savings, said: “This list was created to show workers that there are organisations that offer benefits for parents. We wanted to highlight those offering great packages for both parents, parents who are struggling to conceive, and parents who are going through baby loss. What we noticed is that not only are the parental leave packages incredible, but many are also championing work-life balance and female leadership, which is fantastic to see and invaluable for working mothers.”
