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With Netflixs parentalleave policy on shaky grounds , Starbucks parentalleave policy is now offering to provide industry-defining benefits to employees by doubling the leave allowance currently available to workers. No other retailer offers a better parentalleave benefit for new parents.
Partnership management platform Impact.com has introduced a new global parentalleave policy that outlines the enhanced support available to employees. Shared parentalleave will also be offered to UK-based staff while employee assistance programmes will provide confidential counselling, advice and support 24 hours a day.
Chemicals firm Henkel has introduced fully paid gender neutral parentalleave for its 50,000 employees worldwide. The firm’s employees in 80 countries will have the opportunity to take up to eight weeks of fully paid parentalleave. However, addressing this inequality is not the sole objective of our new global standard.
Almost three-quarters (73%) of working parents think the next government should introduce reforms which improve parentalleave and pay entitlements, according to research by Working Families. Nearly two-thirds (64%) said the current offering of two weeks of statutory paternity leave is not long enough.
A country’s parentalleave policy is often a reflection of how the country views gender equality. By dividing responsibilities between both parents, a country encourages gender equality and breaks free from traditional gender roles. Here are four countries with the best parentalleave policies in the world: 1.
Molson Coors Beverage Company has introduced an equal parentalleave policy for its more than 2,200 employees across the UK. A further 12 weeks fully paid neonatal care leave is also available if needed. The post Molson Coors Beverage Company implements equal parentalleave appeared first on Employee Benefits.
Banking organisation Santander offers a variety of support for its 19,800 UK employees to ensure its parental support offering is inclusive to all. As part of its parentalleave policy , Santander provides up to 52 weeks of maternity, primary carer and adoption leave, regardless of how long an employee has been in their role.
In the event of contracts being renegotiated or extended during a player’s pregnancy, maternity or adoption leave, the individual will be included in all discussions and have their contract extended for at least 12 months. The post Rugby Football Union enhances parentalleave policy appeared first on Employee Benefits.
In times of demographic change and skilled labor shortage, organizations depend on the skills and the labor that employees who are parents can bring to the table. It is even more fatal for organizations to lose members of their workforce in the context of parentalleave. During parentalleave. After parentalleave.
National sporting governing body Netball Australia has amended its parentalleave policy in order to better support its employees and their families. Netball Australia increased paid parentalleave for primary carers from eight to 18 weeks, while paid parentalleave for secondary carers was increased from two to six weeks.
Credit: Dariusz Gryczka / Shutterstock.com Financial services firm Moody’s has launched a global parentalleave policy for its more than 15,000 employees worldwide. Maral Kazanijan, chief people officer at Moody’s, said: “Our new parentalleave is more than just a policy, it’s a tangible way we live out our values.
Sports retailer Nike has announced that it has doubled its parentalleave benefit for all of its employees based in the US as of this month. As of 1 June, it has increased its paid parentalleave benefit from eight to 16 weeks, to allow workers time to bond with their child after birth, adoption or foster placement.
Private wealth and real estate law firm Boodle Hatfield has introduced an equal parentalleave policy for its 180 employees and 39 partners. Under the new policy, employees and partners will be able to access 26 weeks’ fully paid leave spread across 39 weeks, regardless of gender.
Global architecture firm Hassell has enhanced its parentalleave benefits in order to pave the way for a more balanced and inclusive workforce. Effective now, the comprehensive parentalleave policy offers 16 weeks of paid leave to all parents, irrespective of their role as primary or secondary carers.
Law firm Lewis Silkin has enhanced its parentalleave policy in order to offer equitable support for new parents. Paid leave can be taken in an unlimited number of discontinuous blocks at any time over the 52 weeks to ensure mothers, fathers, primary or secondary adopters have freedom over when they take it.
Credit: rafapress / Shutterstock.com Global insurance firm QBE North America has enhanced its paid parentalleave programme to a minimum of 12 weeks for all parents whether they adopt, give birth, foster or use a surrogate. The post QBE North America enhances paid parentalleave programme appeared first on Employee Benefits.
Accounting firm Deloitte UK is to equalise parentalleave , in order to give fathers the same paternity pay as it does maternity pay for mothers. The policy of 26 weeks of fully- paid family leave for all new parents will come into effect on 1 January 2025 and will be a day-one right.
Credit: DELBO ANDREA / Shutterstock.com Cables, energy and telecoms firm Prysmian Group has enhanced its minimum global parentalleave and reinforced a full-circle support programme for primary caregivers. Meanwhile, the group has recommunicated its Leave and Back-to-Work Programme to staff.
Yet most programs focus only on brand new hires, overlook four important groups of people: New Parents. A parentalleave can last anywhere from a few weeks in the States, to one year in Canada, or as much as 14 months if you live in Sweden. People Returning From an Extended Stress/Medical Leave. Boomerang Employees.
Banking organisation Deutsche Bank has enhanced its parentalleave benefits for employees across the Asia Pacific region. With our new newly enhanced parentalleave benefits, we hope to empower our colleagues to focus on their families and themselves, during what is a very important time in their lives.”
Credit: Alex Yeung / Shutterstock.com London Metropolitan University has enhanced its parentalleave as part of its commitment to nurture an environment where staff can thrive both professionally and personally. Additionally, paternity leave has been extended to eight weeks at full pay.
RSA Insurance is to introduce equal parentalleave from January 2024 in order to add to its family-friendly provision. The new policy will offer all parents up to 52 weeks of equal leave, 26 of which will be fully paid. It The post RSA Insurance to introduce equal parentalleave appeared first on Employee Benefits.
Elon Musk, the CEO of Twitter, has recently made a controversial decision to slash the company’s paid parentalleave policy. According to internal company documents, Musk has drastically reduced Twitter’s paid parentalleave policy from 20 weeks to just 14 days.
Parents need time off to care for and bond with their latest addition. However, limited parentalleave options in the United States often hinder them. Currently, only 27% of American workers employed in the private sector have access to paid family leave. Paid ParentalLeave is what?
Credit: JHVEPhoto / Shutterstock.com Global law firm Clyde and Co has enhanced its paid parentalleave as of this month for all employees and partners with at least 12 months of service. Employees were made eligible immediately, with retrospective eligibility for those already on or recently returned from parentalleave.
Credit: MOZCO Mateusz Szymanski / Shutterstock.com International banking group Standard Chartered has enhanced its global parentalleave benefits to allow working parents to undertake more equitable caregiving responsibilities.
Citi’s parentalleave policy has restarted the discussion around parentalleave within the workplace, establishing the standards for the kind of accommodations employees can expect. The non-primary caregiver is eligible to take six workweeks of paid parentalleave.”
Global travel business Abercrombie and Kent Travel Group has introduced a paid global parentalleave policy in order to create a more diverse and inclusive workplace culture. We are incredibly proud to be at the forefront of the travel industry in offering this progressive parentalleave package.
Netflixs much-applauded parentalleave policy is being scaled back, signaling an end to one of the most generous leave policies weve witnessed in the corporate world. Image: Pexels Netflix ParentalLeave Policy Is Changing Slowly, Raising Confusion Among Employees Netflix has always been known for its unique work culture.
Credit: Marlon Trottmann / Shutterstock.com Thomson Reuters has enhanced its global paid parentalleave policy , offering all employees a minimum of 16 weeks of paid leave, regardless of gender identity, sexual orientation, marital status or family role.
The US Department of Defense has expanded its military parentalleave programme in order to allow all eligible active and reserve service members to care for children while balancing their work. According to the Department of Defense, the leave can be taken by both birth and non-birth parents.
Key elements of the bill include granting workers access to statutory sick pay and parentalleave from the first day of employment, and introducing a ban on exploitative zero-hour contracts. The government deserves credit for its willingness to engage with businesses and unions on how to make a success of the Plan to Make Work Pay.
Credit: Victor Moussa / Shutterstock.com London Stock Exchange Group is to increase its parentalleave to support employees at key life moments and as part of its equity, diversity and inclusion commitment. The post London Stock Exchange Group enhances global parentalleave appeared first on Employee Benefits.
Global strategy consulting firm OC&C Strategy Consultants has launched a fully equalised paid parentalleave policy in a move towards gender equality for all of its employees. The policy promotes shared care through equalising paid leave and flexibility for how that leave is taken.
Global law firm Bryan Cave Leighton Paisner (BCLP) has expanded its parentalleave policies across the business, effective from 1 July. UK employees will be eligible for 26 weeks of leave at 100% pay, as well as 13 weeks of statutory maternity pay for primary carers, and 13 weeks at 100% pay for secondary carers.
Australian employer National Roads and Motorists’ Association (NRMA) Group has agreed to pay superannuation on the unpaid portion of parentalleave as part of its aim to close the gender pay gap for females. The post NRMA Group to continue pension contributions during unpaid parentalleave appeared first on Employee Benefits.
Roger Bullivant amended its paternity policy to full two weeks of pay, plus 10 days of leave to be taken within 12 months. The post Roger Bullivant updates parentalleave policies appeared first on Employee Benefits.
Some paid parentalleave. “I don’t really care about my employee benefits,” said no employee ever. When it comes to employee benefits, if your business can offer it, employees want it. That’s the case for any employee benefit, from time off to healthcare to flexible work arrangements to workers’ comp insurance. Vision coverage.
Image credit: Konektus Photo / Shutterstock.com Global beauty firm Coty is to extend its global parentalleave policy which will allow all employees to take a minimum of 14 weeks, fully paid, regardless of gender. Coty believes its parentalleave policy champions gender equality in pay and workplace advancement worldwide.
Banking organisation HSBC has extended its parentalleave benefits for Hong Kong-based staff to foster a family-friendly and inclusive culture. From 1 January 2024, maternity leave for full-time employees will increase from 16 to 20 weeks, while paternity, or secondary caregiver, leave will rise from 10 to 40 days.
WeightWatchers has introduced six months of paid parentalleave for eligible full and part-time employees in the US. She introduced the policy so as to address the fact that paid parentalleave is not federally guaranteed in the US, and it is up to individual states and employers to offer this.
Basic Day One Rights: Labour says it will introduce basic individual rights from day one for all workers, including protection against unfair dismissal, parentalleave, and sick pay. ? They will also review the parentalleave system to better support working families and introduce measures to support carers in the workplace. ?
New research suggests that Shared ParentalLeave (SPL) has failed to encourage greater take-up or longer leave by fathers, prompting calls for policy reform. The study findings are timely given the new Labour Government’s Manifesto commitment to reviewing the parentalleave system within its first year in office.
Amazon Middle East and North Africa (MENA) has introduced an enhanced paid parentalleave policy for employees across United Arab Emirates, Saudi Arabia, Egypt and Jordan who have become new parents, regardless of gender.
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