Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Britain's Reckitt Benckiser gives new parents more paid leave

Published 2019-12-02, 07:10 p/m
Updated 2019-12-02, 07:10 p/m
© Reuters. FILE PHOTO: A woman walks with her two children at sunset near the seashore in Benghazi

(Reuters) - British household goods maker Reckitt Benckiser Group Plc (L:RB) said on Tuesday it was extending its paid leave globally for new mothers from 16 weeks to 26 weeks, but the change will take time to implement in the United States due to regulatory issues.

Mothers will also have the option to take a further six months of leave without pay.

The Durex condom and Lysol disinfectant maker also said it would increase paid paternity leave for fathers and partners to four weeks, with the option to take a further four weeks of leave without pay.

Reckitt Benckiser has also launched suites for breastfeeding mothers returning to work and free breast pumps if needed.

The bluechip company (FTSE) said its new policies would also apply to employees who belong to the LGBTQ+ community and include adopting and surrogacy families.

Reckitt Benckiser said U.S. maternity leave, currently at 16 weeks with pay, would be reviewed in 12 months with the aim to align it with the global policy. The changes to paternity leave also exclude the United States, where new dads are entitled to six weeks paid leave.

Another FTSE 100 firm, Diageo (L:DGE) is one of only five companies globally to offer equal lengths of 26 weeks paid parental leave for both the primary and secondary carers, for all their employees globally, according to equal workplace rights group Equileap.

© Reuters. FILE PHOTO: A woman walks with her two children at sunset near the seashore in Benghazi

Rights groups have said that closing the gap would combat discrimination towards women, and Aviva Plc (L:AV), British Land Company Plc (L:BLND), Diageo, Hewlett Packard Enterprise Co (N:HPE) and Spotify Technology SA (N:SPOT) have been hailed as trailblazers by Equileap https://uk.reuters.com/article/us-global-women-paternity/just-five-major-companies-offer-a-years-paid-equal-parental-leave-idUSKBN1W122O.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.