Standard Chartered Singapore to introduce 20-week paid maternity leave
The bank said that as part of its family-friendly culture, it will be increasing fully paid maternity leave for Singapore employees while male employees continue to get two calendar weeks of paternity leave.
New adoptive mothers will also benefit from this 20-week leave, and this is extended to all employees of the bank regardless of length of service, it added.
The current entitlement for maternity and adoption leave is 16 weeks and four weeks, respectively, according to the Ministry of Manpower's website.
"Women are key contributors to the Bank’s business. Forty-five per cent of the Bank’s management team in Singapore are women, and for the past three years, females comprise almost 50 per cent of the workforce in Singapore," said Charlotte Thng, head of Human Resources at Standard Chartered Bank Singapore.
The bank is also ramping up its flexible working practices, with employees offered the option to work part time, choose flexible working hours, or work from home on selected days, subject to the nature of their roles and managers’ approval. ■