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Nationwide Building Society

Nationwide Building Society: World's largest building society providing current accounts, mortgages, savings, credit cards, and loans. Owned by members, profits reinvested for member benefit.

Updated

9 Apr 2024

Company Size

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Industry Group
Sub Industry

FINANCIAL SERVICES

Financial Services

Enhanced Maternity Policy

Enhanced Maternity Policy

Enhanced Maternity Policy

Enhanced Maternity Policy

Nugget Rating
Policy Details

Although the time off you can take is the same for everyone, how much you’re paid while you’re
off depends on how long you’ve worked for NBS at your Qualifying Week – that’s the 15th week
before your Expected Week of Childbirth (EWC) which is the week, beginning with a Sunday, that
you’re due.

If you’ve been continuously employed by Nationwide for 26 weeks or more by the end of
the Qualifying Week, your entitlement to pay during the 52 weeks is:

• First 26 weeks: you’ll be paid Occupational Maternity Pay (OMP) at the rate of full pay,
which is the pay you would have received had you been in work. Your OMP includes any
Statutory Maternity Pay (SMP) you are eligible to receive, and occasionally your SMP can
be higher than full pay for the first 6 weeks of your maternity leave (see below).

• Next 13 weeks: you’ll be paid SMP at a standard weekly rate set by the government (or
90% of your average weekly earnings if that’s lower). Have a look on www.gov.uk to see
the current SMP rates.

• Next 13 weeks: unpaid leave.

Occupational Maternity Pay is based on full pay, which is the pay you would have received had
you been in work. You’ll also be eligible for any annual pay reviews that take place while you’re
away.

SMP is calculated differently to full pay. It’s based on your average weekly earnings (AWE) in the
8 weeks before your Qualifying Week. For the first 6 weeks of your maternity leave, SMP is based
on 90% of your AWE. Occasionally SMP in your first 6 weeks of leave can be higher than full pay,
for example if you’ve had additional payments or were in a different job in the period used to
calculate your AWE. After the first 6 weeks, your SMP is the standard rate set by the government,
or 90% of your average weekly earnings if that’s lower. Have a look on www.gov.uk to see the
current SMP rates.

If you qualify for 26 weeks OMP but have not earned enough money to qualify for SMP, you will
just receive the 26 weeks’ full pay form Nationwide.

At Nationwide, we’re paid monthly, but your maternity pay is calculated daily, so it can look a bit
different from your normal payday amount.

If you’ve been employed by Nationwide for less than 26 weeks at the end of your Qualifying
Week, you’ll be entitled to:

• 6 weeks Occupational Maternity Pay (OMP) at the rate of full pay. We’d recommend you
also contact JobCentre Plus to see if you’re entitled to a Maternity Allowance.

How long do you have to work at the company to qualify?

26 weeks

If you decide to cease employment whilst on leave what is the clawback policy?

If you decide you don’t want to come back, it doesn’t impact your entitlement to SMP, but you’re only eligible for OMP whilst you’re still employed by Nationwide.

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