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You did get 16 weeks paid leave though right? Seems like you chalk this one up to “hey I had a beautiful life experience and got 16 weeks paid leave to handle it, now it’s back to business so I can promote and get the biggest bonus possible.” Not fine print at all, it’s very clear.
I was out on a long-term medical leave for almost half the year. I’m not expecting a bonus in kind with the rest of my team that had to cover for me. I’m not expecting to get promoted. I’m actually incredibly grateful the firm and HR had my back and worked with me and told me “don’t worry about any of this stuff, get healthy and come back when your doctor says you can come back.” That’s my bonus right there, having security in my job!
Honestly I was kind of on the fence anyway about even staying in public accounting. But the way EY handled this medical leave opened my eyes to how grateful I am to be here.
Please don’t go on maternity and come back with a fight about not being taken care of enough. Enjoy your kid, enjoy your leave, and come back with peace and joy. And congrats!!! 😄
THIS. I’d think the ability to spend that time bonding with your new child would be worth it, no? That’s priceless in my eyes.
Sorry. Taking 4 months off from your career and you expect no impact at all? Versus someone who takes none, and someone who does it 3 times in 5 or 6 years? Life is full of trade offs. Enjoy the time not working for the man
@SC2, P1’s point is that it’s to be expected that women are penalized professionally for bearing children, and perpetuating the career versus family “trade off.” Take your vacation....it’s part of your comp. You wouldn’t otherwise leave money on the table.
Yes. Getting 100% pay but not getting as large a bonus is 100% worth it
Yes they prorate your bonus for the time you’re there. I dealt with this as well during my two maternity leaves. It sucks but it’s policy
I took 18 weeks paid leave and I received my full bonus.
OP, where did you hear it would impact your bonus? You are evaluated on the impact you delivered during the time you were here. if you just joined a new project and then went out, you may not have had enough time to demonstrate impact which could affect you.
Again on time at level...you need to demonstrate performance at the next level for 4-6 months prior to promotion. If you did that before you left or when you returned, it wouldn’t impact promotion. If you were close and could have gotten there, but lost 4 months and weren’t able to demonstrate performance at next level, the 16 weeks could impact your promotion.
It’s all individual circumstances, not any small print
I saw it first hand impact my bonus and my comp call facilitator (ppmd) told me this was the reason.
Yes my bonus was prorated as well. However I don’t necessarily think it HAS to impact your promotion timeline, it’s more about making sure you were in roles that demonstrate tour promotion readiness. Also timing has a lot to do with it - I personally think it is easier to take leave during your a non promo year.
I didn’t get any paid maternity leave from the smaller firm I was at when I had my kids. Employers are not required to give 16 weeks maternity leave. The extra leave is a bonus component of your compensation. I think people forget how lucky they are to have that time off paid. Your progress in advancement should not be delayed though. That’s not right.
Slalom
That’s bullshit
OP... is this a rumor or Senior Manager or HR stood you this?
Nope, no impact.
No impact on bonus but day for day on promo. We do promotions every month though, so it’s not like you lose a year
OP, I’d ask more questions. Again, some people run out of time to demonstrate impact or performance at the next level. If you were close, but really needed more time to prove yourself, then it could have impacted you. However, if you demonstrated strong impact and performance at the next level in the 8 months you were here, it shouldn’t have had an impact. You should ask for more specific feedback. Maybe you were close but didn’t have enough time to get over the hurdle
Didn’t impact bonus but definitely “stops the clock” on tenure accrual, which does impact promotions (since you get no tenure credit for your four month out)
Bcg2, we don’t have “tenure accrual”. We don’t subtract the time away, it’s about performing at the next level
Totoally false. LOA moves your promo windows.
^huh? Cs eligible for promotion to PL at 24 months. If you took 4 months off then all of a sudden you get promoted four months later than the rest of your class (assuming you would have gotten promoted at 24 months to begin with). In NAMR. This is definitely how it works. Many parents in my start class ended up “behind” the rest of the class as a result from a pure calendar perspective.
Bcg2, I’m talking about at Deloitte since OP
Is here The consultant eligible for SC in 2-3 years will not have 4 months subtracted from tenure. They will be reviewed with everyone else to see if they have been performing at the next level for 4-6 months
So this was a recent change. My first pregnancy I had no effect. Second pregnancy they pulled this card on me and the recent update was inputted into writing of their policy