AXA launches global parental leave policyThe AXA Group announces the implementation of a global parent policy. Starting on January 1, 2017, employees of all AXA entities in the world will be entitled to 16 weeks of maternity leave or 4 weeks of paternity leave. ALL ARTICLES | Commitment
AXA’s parent policy enhances the solutions offered to new parents in all of the 64 countries in which the Group operates. It will come into effect on January 1, 2017, entitling new parents to:
- 16 weeks of paid leave for the primary parent*, while guaranteeing a return to an equivalent role with similar terms and conditions;
- For the co-parent**, 4 weeks of paid leave, also guaranteeing a return to an equivalent role with similar terms and conditions;
AXA’s global parent policy will better support employees during a period of change in their lives, while helping them to find their professional and personal balance.
This is a major leap forward in terms of employment benefits for many AXA Group employees working in countries where public policies in support of parenthood can be much less favorable than in Europe. Although the International Labour Organization recommends a minimum maternity leave of 14 weeks, many countries continue to implement a shorter period. The United States, for example, has no mandated paid parental leave at all.
AXA believes in the benefits of having a diverse and inclusive workforce. A company where one can be both a parent and a professional, a company that trusts its employes and understands the importance of well-being in the workplace: that’s a company that drives innovation and fosters creativity.