'Real impact' | Lloyds boosts family leave support with National Living Wage pay guarantee

Lloyds Banking Group has enhanced its family leave policy, introducing a new National Living Wage guarantee designed to provide greater financial security for employees during maternity, adoption and shared parental leave.

The banking giant announced the changes in a post on LinkedIn, describing the move as part of its wider commitment to supporting working families.

“Starting or growing your family is a big moment. It should feel exciting, not financially stressful,” the company said.

Under the revised policy, employees taking maternity, adoption or shared parental leave will continue to receive the 26 weeks of full pay already offered by Lloyds. However, the organisation will now also assess an employee’s total earnings across the full 39-week paid leave period.