Aviva Singapore announces sixteen weeks parental leave at full pay for all employees, regardless of gender
Aviva Singapore announces today a new parental leave policy which offers equal paternity and maternity leave for every parent employed by Aviva when a new child arrives.
Effective as of 19 November 2017, the new policy offers sixteen weeks parental leave at full pay within the first twelve months of a child's arrival. It applies to all Singapore-based permanent Aviva employees regardless of gender, nationality, sexual orientation, marital status, and covers both birth and / or adoption. Employees welcoming a new child twice within a year are entitled to sixteen weeks of parental leave each time, which can be utilised within a year of the arrival of each child.
This is in addition to other existing parental leave arrangements at Aviva, such as Shared Parental Leave (up to 4 weeks), Childcare Leave (6 days), Extended Childcare Leave (2 days) and New Infant Care Leave (6 days unpaid).
Employees are required to have a minimum of three months of continuous service to be eligible for this policy.
Key entitlements include:
- Sixteen weeks paternity / maternity leave at full pay
- Includes employees across all levels of the company
- If both parents are employees of Aviva, they will each have their own entitlement to leave and pay, which they can take at the same time
- No limit on the number of new children
The new parental leave policy is part of a Group-wide initiative and will be rolled out in Singapore, UK, Ireland, France, and Canada, with plans to extend this to other Aviva markets within the next year. This is part of Aviva's strategy to create a diverse and inclusive working culture in which barriers to career progression are removed.
This is part of Aviva's strategy to create a diverse and inclusive working culture in which barriers to career progression are removed.
Mark Wilson, Group Chief Executive Officer, Aviva plc said:
"I want to live in a world where the only criteria for success is someone's talent, not their gender. Treating parents equally will help make this happen. We want Aviva to be a progressive, inclusive, welcoming place to work. It's good for our people and it's also good business sense."
Nishit Majmudar, Chief Executive Officer at Aviva Singapore, said:
"Welcoming a child to the family is one of the happiest moments for a parent. Amidst the joy and excitement, work should be the last thing on their minds. At Aviva, we want to foster a culture which encourages our people to be closely involved in their child's early years – a precious experience that we believe should be shared equally among both dads and mums.
Aviva is a strong advocate of work-life balance, and has been committed to supporting our employees' lives outside of work through a range of flexi-working arrangements. Introducing the new parental leave policy is a bold and iconic action that strongly aligns with Aviva's values, and allows us to be truly inclusive. I am very proud that we are leading the market in helping our employees balance work and family."