CIMB Group offers six months paid maternity leave for first-time mothers


CIMB Group Holdings is offering six months paid maternity leave for its first-time mothers in the banking group.

KUALA LUMPUR: CIMB Group Holdings is offering six months paid maternity leave for its first-time mothers in the banking group.

It said this benefit, which took effect on Jan 1, 2019 for all employees in Malaysia, is another step forward for new parents.

This follows CIMB’s one-month paid paternity leave, which was announced last year, for first-time fathers. 

According to its statement, first time mothers can start this benefit as early as 30 days prior to their estimated delivery date. 

This benefit could be further complemented by CIMB’s Staff Rejuvenation Programme, which allows employees up to six months’ unpaid leave. Hence, first-time mothers could effectively take a whole year off to care for their first-born. 

CIMB Group’s chief people officer, Datuk Hamidah Naziadin said: “This enhanced maternity benefit, and our existing one-month paternity leave are part of our new holistic approach on managing human capital, by recognising that employees have different needs at different phases of their life, and by promoting a shared parenting culture for young families in our workforce. 

“We also believe that by allowing first-time parents a longer period to adjust to parenthood, they could create a more meaningful and positive experience with their first-borns whilst maintaining their career. We are also exploring the possibility of extending this benefit to all our employees group-wide.” 

Other initiatives in support of employees’ family needs include a work-from-home policy, allowing staff with children aged five and below or with special needs, to work from home for one day a week. 

 

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Genting unit lodges RM5bil unrated MTN programme with SC
SC gives nod to Sunway Healthcare's Bursa Main Market listing
Evergreen Max unit secures RM50mil short-term credit facility from Bank Islam
Ancom Nylex inks RM76.8mil deal to dispose of 50% stake in new unit formed under restructuring
Ringgit extends gains to close higher as US rate cut expectations stay elevated
Gadang sells Selangor land for RM2.5mil
Stocks rise, dollar wilts as investors strap in for Fed rate cut
Bursa Malaysia ends lower as investors eye US data, BOJ decision
Quality Concrete subsidiary bags RM294.59mil contract for Mukah water supply system
Hartanah Kenyalang bags RM42.79mil construction contract in Sarawak

Others Also Read