Emirates NBD unveils new flexible work policies and initiatives targeting female employees.
Dubai’s largest lender aims to attract more women to its workforce, especially female UAE nationals from the public sector, by offering new, flexible work policies and initiatives.
The first of a range of new flexible policies has been announced, with the bank significantly expanding its family leave options.
This includes doubling maternity and paternity leave and introducing new parental and adoptive leave options.
Mothers can now take four months of maternity leave, including 60 days of full pay, 30 days of half pay and 30 days of unpaid leave. Both mothers and fathers can take an additional, fully-paid week of parental leave.
Paternity leave has increased from two days to five, in line with recent legislative changes. In addition, a new adoption leave policy gives Emirates NBD Group’s adoptive parents leave.
This is aligned with the bank’s commitment to both the UAE Federal Government’s NAFIS initiative and the Emirati Human Resources Development Council in Dubai, a statement said.
In September, the UAE said it would spend AED24 billion ($6.5 billion) on a package of benefits and subsidies designed to make private sector jobs more attractive for nationals.
Eman Abdulrazzaq, group chief human resource officer, Emirates NBD Group, said: “Emirates NBD Group now offers one of the most generous family leave policies amongst large, private UAE organizations. While these benefits are available to all employees, we are specifically targeting more female Emiratis based on the feedback we have received from them about wanting more time at home during the most important phases of their lives.
Abdulrazzaq added: “This is just the beginning of our focus on providing employees with more flexibility and work-life balance. We will make another announcement shortly to unveil a second, major initiative based on how millennial Emiratis have told us they want to work.”
(Except for the headline, this story has not been edited by The Finance World staff and is published from a syndicated feed.)
