The yield-to-maturity (YTM) of a bond is another way of considering a bondâs price. YTM is the total return anticipated on a bond if the bond is held until the end of its lifetime. Yield to maturity is considered a long-term bond yield, but is expressed as an annual rate.
Getting paid instead of taking holidays. The only time someone can get paid in place of taking statutory leave (known as âpayment in lieuâ) is when they leave their job. Employers must pay for untaken statutory leave (even if the worker is dismissed for gross misconduct). If an employer offers more than 5.6 weeksâ annual leave, they can agree separate arrangements for the extra leave.
Paid Parental Leave. Paid Parental Leave scheme provides eligible working parents with up to 18 weeks of government-funded Parental Leave Pay at the rate of the National Minimum Wage. Working parents are entitled to up to 18 weeks of Parental Leave Pay through the Paid Parental Leave scheme. Full-time, part-time, casual, seasonal, contract and self-employed workers may be eligible for Parental Leave Pay. The amount of Parental Leave Pay is at the National Minimum Wage. promote work/family balance.