Standard Chartered has introduced enhanced global parental leave benefits.
From 1st September 20231, the Bank will standardise the amount of parental leave it offers, providing parents the option of undertaking more equitable caregiving responsibilities for their children.
With the enhanced benefits, employees – including those in Jersey – can access a minimum of 20 weeks of paid parental leave, irrespective of gender, relationship status or how a child comes to permanently join an employee’s family.
The enhanced benefits have been designed to support working parents. This is part of the Bank’s commitment to fostering an inclusive culture, where employees are supported in balancing their personal lives with building successful careers.
Henry Baye, CEO, Standard Chartered in Jersey commented: “At Standard Chartered, we are continuously working to foster a workplace culture that supports our Jersey team both in and outside of work. Our new parental leave policy is another example of providing support for employees during a significant moment in their personal lives.”
Tanuj Kapilashrami, Group Head, Human Resources, Standard Chartered, said: “We continuously look at how we can introduce progressive benefits that drive inclusion, improve the employee experience, and help colleagues achieve their potential.
“We believe benefits such as this help address globally prevalent societal norms around traditional roles, improve workforce participation and provide options to those who want to take up shared childcare responsibilities. This will positively impact families’ financial wellbeing and create a more inclusive workplace that supports each individual’s unique family planning choices.”
