On the Global Day of Parents, AGL announced it will be extending paid parental leave from 14 weeks to a maximum of 20 weeks for employees who are the Primary Carer.
The new paid parental leave arrangements will be effective from 1 July 2017. This increase is industry leading and represents the second highest number of weeks offered by an ASX-listed organisation*.
The leave must be taken within 52 weeks of the date of the birth of the child and is available to employees who have a minimum 12 months’ continuous service with AGL.
AGL Managing Director and CEO, Andy Vesey, said increasing the paid parental leave entitlement is another way AGL assists its employees to fulfil their work and family commitments.
“The change provides greater choice and flexibility for the primary carer to take essential time they need to bond with and care for their newborn baby, while also supporting health and wellbeing.
“It also encourages primary carers to remain as active participants in the workforce. We recognise the important economic, social and business benefits of paid parental leave.
“I’m proud that we are industry leaders in this entitlement provision. It creates a competitive advantage to attract and retain diverse talent,” Mr Vesey said.
* According to AGL’s analysis of Workplace Gender Equality Agency’s 2016 Public Report Data