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Bank of Ireland has widened its family leave policy under chief executive Myles O'Grady. Photograph: Naoise CulhaneSome good news for workers at Bank of Ireland this week, as the lender unveiled a slew of new family policies and supports for staff. The measures include a seven week top up of parental leave in the first two years of a child’s life as well as 13 weeks paid leave for partners.
Led by chief executive Myles O’Grady, Bank of Ireland is hardly the first company in Ireland to offer such measures. They are welcome nonetheless. Despite extensive progress in recent years, strong parental leave above and beyond what is mandated by law is not always common in Ireland. In many workplaces, there is still an unspoken expectation that new parents will not take all the leave available to them.
For Bank of Ireland, the advantages of such policies, and trumpeting them to the world, are obvious. Regardless of the ongoing wave of tech job losses, the unemployment rate is bumping along near a two-decade low at about 4.4 per cent.
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