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Jun
15
The Financial Impact of Maternity Leave
In the news this week was an article about a ground-breaking new benefit offered to employees of Virgin Management in London and Geneva. Employees who have been with the company for two years or more may take up to one year (yes, you read that right), of family leave when becoming a new parent (fathers and adoptive parents included) to get to know their new child. As if this wasn't good enough, there is more. Not only are they entitled to a year of family leave, but they will be paid 100% of their base salary during that time. I know...I fell out of my chair too. When asked about it, Richard Branson, Virgin's founder, said "As a father and now a granddad to three wonderful grandchildren, I know how magical the first year of a child's life...
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 Securities offered through American Portfolios Financial Services, Inc. Member FINRA/SIPC (FINRA/SIPC). American Portfolios Financial Services, Inc. and American Portfolios Advisors, Inc. are not affiliated with any other named business entities mentioned.

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