REA Group has announced one of the most innovative parental leave offers in the Australian technology industry, with six months’ paid parental leave for primary caregivers and three months of paid leave for secondary carers/partners.
“Becoming a parent is incredibly exciting and we want our people to enjoy the experience without worrying about how to combine work and family,” says REA Group CEO Tracey Fellows.
“By providing six months’ paid leave to our employees who are primary carers and three months paid leave for secondary carers, we’re giving our people financial security to take the time they need with their families.
“People are at the heart of everything we do and we are very proud to be one of the first Australian technology companies to offer this kind of benefit to our employees,” Fellows adds.
To ensure employees’ super isn’t impacted as a result of taking parental leave, REA Group will pay superannuation for the entire period of leave, paid and unpaid, for up to 12 months. This is an important step towards equality for mums and dads in the workplace."
REA Group also plans to make the transition back to work easier for primary carers with reduced hours (75 per cent of agreed work hours) at full pay for the first four weeks after returning from parental leave.
The Group’s commitment to being a leading employer was the driving force behind the new parental leave offer according to REA Group Executive General Manager People and Culture Barb Hyman.
“We want to show leadership across every facet of our business and this includes how we care for our employees when they become parents," Hyman says.
"A high proportion of our people are millennials and each year over 10 per cent of our Australian workforce take parental leave.
“By launching what we believe to be one of Australia’s most progressive parental leave policies, we’re supporting our employees to live their best lives.”
Highlights of the REA Group Parental Leave offer include:
• 6 months leave at full pay for the primary carer (20 weeks paid at
commencement of leave; 6 weeks paid on return to work)
• 3 months paid leave for the secondary carer (6 weeks at full pay, 6 weeks
at half pay)
• Available to all permanent employees after 6 months’ continuous service
• Superannuation paid for entire period of leave (paid and unpaid) up to 12
• Flexible return to work for primary carers for 4 weeks (75% of agreed
work hours) at full pay