KARACHI: Standard Chartered announced the rollout of enhanced parental leave benefits. Effective 1 September 2023, the Bank has standardised 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 can access a minimum of 20 weeks of paid parental leave, irrespective of gender. 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.
Rehan Shaikh, CEO Standard Chartered Pakistan said, “Parental leave is a great way to dedicate your time to your family that has just expanded by a new member. This gender-neutral caregiving policy is also part of a wider set of people policies focused on actively promoting physical, emotional and mental well-being of not just our colleagues but also their families.
At Standard Chartered Pakistan we are committed to creating an environment where colleagues can thrive and grow. We will continue to challenge the status quo and seek progressive, purpose-led benefits to improve the colleague experience and help them achieve their true potential. We hope that our actions inspire other across industries, to do the same and help foster a more inclusive society in Pakistan.”