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Other enhanced employee benefits include an additional five days each of caregiver leave, fertility leave, and pregnancy loss leave.
To further promote work-life balance in the workplace, following the launch of its 'We Care' programme in October 2023 across 51 markets worldwide, AXA has enhanced and introduced multiple employee benefits with effect from 1 January 2024, allowing employees to reserve more time with their families during every important life stage.
The enhanced employee benefits include:
- A significantly increase in paid co-parent leave from 20 days to 40 days.
- An additional five-day paid fertility leave for employees who receive assisted reproductive services, such as in-vitro fertilisation treatment and embryo transfer. If the employee's partner receives assisted reproductive services, the employee can also have two days of fertility leave to accompany their family.
- An additional five-day paid pregnancy loss leave for employees who are affected by miscarriage. If the employee’s partner is affected by miscarriage, the employee can also take two days of paid leave to spend time with their family during this difficult time.
- Newly added five days of paid caregiver leave will be granted to employees taking care of their close family members who require additional care due to a serious health condition or disability.
- Five days of paid leave will be offered to employees who are impacted by domestic or sexual violence. Extra support will be provided to employees based on their various needs during these tough times.
- The 'Healthy You' programme will be expanded further to provide a supportive working environment for employees experiencing menstrual health conditions, menopause, or andropause. Various resources will also be offered to help employees overcome different health problems.
"Our employees are the most valuable assets of AXA and we continue to strive for a more diverse and inclusive corporate culture," said Sally Wan, Chief Executive Officer, AXA Greater China. "By further enhancing a series of employee benefits, we are able to provide better care for our employees’ overall wellbeing and create a more friendly working environment to promote work-life balance, which also helps in attracting and retaining talents."
AXA embraces flexible working arrangements much before the pandemic by allowing employees to work from home once a week. The insurer further increased the number of work-from-home days to two per week during the pandemic, and has continued to maintain this arrangement.
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