Equalising family leave policies
On 22nd May, Diageo announced that it is beginning a global roll-out of an ambitious new family leave policy, as part of its work to create a fully inclusive and diverse workforce. The global drinks business hopes the policy will support employees to focus on the joy of raising a young family, while continuing to thrive at work and ensuring women and men are supported to have time with their new baby regardless of where they live and work.
The policy comprises two main parts:
- Offering female employees in all markets a minimum of 26 weeks of fully paid maternity leave
- Setting a global minimum standard of four weeks paternity leave on full rate of pay in all markets, with a significant number of Diageo’s businesses moving to 26 weeks fully paid paternity leave
"This announcement highlights a trend towards equalising paid parental leave for men and women that is gathering pace among leading employers" comments Helen Beedham, Director at Cityparents & Cityworks. "Other firms that have announced similar decisions in the past year include Aviva, Accenture and O2. These companies are realising that in order to create genuinely inclusive work places, they need to make it easier for any parent to take paid parental leave regardless of their gender, sexual orientation and how they became a parent. We know from our own research that these inclusive attitudes are welcomed by City professionals. We believe these investments by employers will also help them make better progress in closing their gender pay gaps, by enabling more women to pursue more senior career paths."
To read more about this announcement please visit Diageo’s News & Media centre here.
A best practice guide to creating 'Family Friendly & Flexible Workplaces' by Lloyds & Working Families is one of many useful links in our Cityworks Library
Released On 28th May 2019