A new analysis from Octopus Money reveals the real cost of pension gaps caused by parental leave — and shows how employers can act now to retain talent and close the gap.
By downloading the report, you’ll discover:
- How even a short break in pension contributions can reduce a parent’s retirement savings by tens of thousands of pounds.
- That parents who feel financially unsupported during leave are 3× more likely to consider leaving their employer.
- The percentage of employees who reduce or pause pension contributions during leave, and the long-term effect on retirement security.
- Why many parents don’t plan ahead — and how lack of awareness creates risk for both staff and employers.
- Four practical, low-cost actions employers can implement immediately to safeguard pensions, boost retention and support families.
Read the Hidden Cost of Parental Leave for Employers
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Chernelle Vaughan is a Marketing Manager at HRreview, an HR news, opinion, and advice publication. She is an author and content creator who contributes articles and hosts podcasts covering contemporary workplace topics including employee experience, remote working, generational workplace dynamics, and organizational culture. She holds education from the University of Westminster and is based in Merton, England.
- Chernelle Vaughan
- Chernelle Vaughan
- Chernelle Vaughan
- Chernelle Vaughan
