April 1, 2020
PIB Group (‘PIB’) has enhanced its policy for new and expectant parents, bringing positive changes for all women and men across the Group. The change is one of several initiatives which are part of PIB’s long-term commitment to become an employer of choice in the industry.
Women can now enjoy full pay for the first 12 weeks of their maternity leave, which then moves to the statutory rate. Men also receive full pay for 12 weeks of paternity leave and can then take up to 40 weeks of unpaid leave. Since the changes were introduced, seven men within PIB have opted for the full 12 weeks of paid leave, of which three have chosen to take further unpaid leave to spend even more time with their partner and newborn. The policy is for all new parents and includes adoption.
Fiona Andrews, Chief People Office for PIB Group commented: “We want to support our people on their exciting and special journey to parenthood. Our enhanced parental leave policy is one of several initiatives introduced or being developed that demonstrate our commitment to becoming a truly diverse, inclusive and equal opportunity employer.”
The initiatives, which fall under two categories of recruitment and retention, will be outlined in more detail when PIB publishes its third annual Gender Pay report for the government in April.
Fiona Andrews commented: “Our landscape is constantly changing. People want more flexibility in the way they work, competitors are developing new initiatives to appeal to employees, and we know that to be a successful Group we must attract and retain top talent. We also have to keep pace with legislative and culture changes. We are making some positive steps forward to help us address these challenges head-on and while there are no quick fixes, we are committed to seeing a steady improvement year on year as our organisation matures.”