MAYBANK OFFERING MATERNITY LEAVE OF UP TO 365 DAYS
It is the first bank in the country with such a policy
MAYBANK has announced that it will offer extended maternity leave of up to 365 days for eligible female employees with immediate effect.
This makes Maybank the first bank in the country to offer such a maternity leave benefit for employees.
Maybank Group chief human capital officer Nora Manaf, who announced this during the group’s International Women’s Day celebration at Menara Maybank, said the enhanced benefit was made after a holistic review of the people-oriented policies and programmes the group offered.
The enhanced maternity leave policy allows eligible female employees to extend their maternity leave for up to 365 days in total from the start of their leave, with variable pay.
In addition to the existing 90-day maternity leave with full pay, the new policy allows an employee to apply for an additional maternity leave period of three months with half-pay, and a further six months with no pay.
“The enhancement to the existing 90day maternity leave policy is yet another feature of our commitment to the bank’s diversity and inclusion agenda, and in line with our continuous efforts to humanise people management,” said Nora.
“As a caring and inclusive organisation that champions family-friendly initiatives and work-life integration, this policy presents an opportunity for our female employees to cope with the demands of their newborn child and motherhood, while finding the balance to juggle work and life before returning to, and performing effectively, in their roles in the workplace.”
Maybank has, over the years, continued to introduce innovative solutions to create an enabling workplace environment to benefit employees.
These include the Flexi Work Arrangement policy, family-friendly benefits, Maybank Tiger Childcare Centre, lactation rooms, gym for women and other health and wellness programmes.
In 2014, Maybank introduced the Women Mentor Women Council to increase the representation of women in the middle, senior and top management. It consists of 13 women from across the group who draw on their professional experience to support the council’s initiatives.
Maybank also rolled out a Sabbatical Leave policy for all staff, where eligible employees can take a career break from three to 24 months, with the guarantee and comfort of returning to work.