CIMB Now Offers Their Male Employees A Full Month Of Paid Paternity Leave
“This is yet another initiative to show how CIMB values its employees reflecting our overall effort to embrace global best practices on human resources management."
By John Lim — 19 Jun 2017, 12:17 PM
In an announcement made on Father's Day, CIMB Bank Bhd has introduced a month-long paid paternity leave so that fathers working with the bank can spend more time with their firstborns
According to a report by The Star, the paid paternity leave will be increased from three consecutive working days to one month (30 consecutive working days).
The bank said the new policy complements its staff rejuvenation programme, which allows employees to take up to six months of unpaid leave for personal reasons while maintaining their current position or seniority at the bank.
CIMB Group's chief people officer Datuk Hamidah Naziadin said in a statement that the move is in tandem with the company's commitment to improve employee welfare
“Welcoming a child into the family is both joyful and overwhelming experience particularly for new parents. CIMB wants the staff to feel assured that they are supported in achieving a work-life balance," she said.
“This is yet another initiative to show how CIMB values its employees reflecting our overall effort to embrace global best practices on human resources management."
Awhile back, CIMB had set aside RM1 billion for a programme to assist lower income employees in their housing loans
In a report by NST in April, the bank said staff earning not more than RM3,500 would be eligible for an interest-free housing loan not exceeding RM250,000 from 1 May onwards.