Bengaluru: Fidelity International has announced the introduction of a companywide enhanced parental leave policy under which fathers and secondary carers will now be able to take the same amount of paid leave as mothers and primary carers, said a statement issued today.
The new policy will come into effect for children who are born (including via surrogacy) or placed for adoption on or after 1 September 2020 and will offer up to 26 weeks of paid leave for each parent employed by the company within the first 12 months of a child’s arrival.
These new enhancements are aimed at ensuring that all employees will be supported to spend time caring for their children, regardless of gender, sexual orientation, location or how they become a parent.
“We want to be a market leader and offer an inclusive culture where all our people may spend time caring for their children and thrive in their careers. We are therefore delighted to be announcing our new parental leave policy and are especially proud to be offering this globally to all our employees,” saidAnne Richards, CEO, Fidelity International.
“Treating parents equally and creating a level playing field for all genders is incredibly important to us. This family-friendly policy will offer the flexibility to support childcare needs and will transform parenthood for many families,” said Sally Nelson, chief people officer, Fidelity International.