Maybank offers up to one year of maternity leave

Malayan Banking Bhd (Maybank) has annouced that it will now offer extended maternity leave of up to 365 days for eligible female employees.

Maybank Group chief human capital officer, Nora Manaf, who announced this during the group’s International Women’s Day 2017 celebration in Menara Maybank, Kuala Lumpur, said that this enhanced benefit was made after a holistic review of the people policies and programmes currently being offered within the Group.

“The enhancement to the existing 90-days maternity leave policy is yet another feature of our commitment to the bank’s diversity and inclusion agenda,” Manaf said in a statement.

In addition to the existing 90-days maternity leave policy with full pay, the new policy would allow an employee to apply for an additional maternity leave period of three months with half-pay, and a further six months with no pay.

Manaf added that the extended maternity leave period will not constitute a break in an employee’s employment, and will also see the employee being provided with medical and insurance coverage in accordance with her benefit grade.

“This policy is part of many initiatives that Maybank has invested in over the years, to create a meaningful and exciting workplace experience for employees to successfully thrive, empowering them to integrate work and life, seamlessly,” Manaf commented.

“Our people initiatives and policies often set a new benchmark in the industry and the returns come in the form of not just attracting the best talent around the world, but also in building a workforce that is innovative, productive and engaged. This results in a strong, positive impact to the group’s overall momentum and performance.”

Maybank has, over the years, continued to introduce innovative solutions to create an enabling workplace environment to benefit its employees, including female employees. These include the Flexi Work Arrangement policy, family friendly benefits, Maybank Tiger Child Care Centre, lactation rooms, gymnasium for women, and various other health & wellness programmes.

Additionally, Maybank has also rolled out a sabbatical leave policy for all its staff members whereby eligible employees are allowed to take a career break for a minimum of three months to a maximum of 24 months.

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