Business Services Industry
How paid maternity leave can save businesses money.
Australasian Business Intelligence, September, 2001
Sep 6, 2001 (The Australian
ABIX via COMTEX) -- It is cheaper for Australian employers to pay maternity leave than to replace workers who leave to have children. This is a finding of an internal survey conducted by the Westpac Bank. It was found that it cost the bank the equivalent of a year's salary to replace a worker who resigned to have children. When the bank introduced six weeks' maternity leave on full pay, fewer women left the organisation and it recovered its costs sooner.
WESTPAC BANKING CORPORATION LIMITED
- ASX WBC:
AUSTRALIA. OFFICE OF THE STATUS OF
WOMEN:
AUSTRALIA. SEXUAL DISCRIMINATION
COMMISSION:
AUSTRALIAN CATHOLIC UNIVERSITY
By Mike Steketee
All...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
