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Changes to paternity leave from 3rd April, and the scrapping of the Default Retirement Age on 6th April will be damaging, claim business owners in an ongoing British Chambers of Commerce (BCC) survey.
Ahead of changes to paternity leave and the abolition of the Default Retirement Age over the next few days, the BCC released interim findings of a survey looking at the impact of changes in employment legislation on businesses.
Of 1,300 businesses, over half said that they expected additional paternity leave requirements to be detrimental to their businesses, with over a third claiming they would be extremely detrimental. When asked about the abolition of the Default Retirement Age, a fifth believe it would harm their businesses.
New additional paternity leave legislation will allow fathers of children born on or after 3rd April to share the maternity leave and pay if the mother returns to work early. This will allow them to take a total of six months off.
From 6th April, the Government will begin phasing out the Default Retirement Age, meaning employers lose the ability to require their workforce to retire after they turn 65.