Non-primary caregivers will be entitled to six weeks paid leave
NEW YORK–(BUSINESS WIRE)–As part of its ongoing commitment to help employees successfully
integrate their professional and personal lives, Barclays is announcing
enhancements to its US Leave of Absence policy.
Joe McGrath, CEO, Barclays Americas, said, “We recognize the importance
of our people in the continued success of Barclays and these
enhancements support our culture of building a flexible work
Yun Chung, Head of Human Resources, Barclays Americas, added, “We are
constantly looking at ways to improve our benefits so that our employees
can bring their best to work and practice dynamic working that
integrates with employees’ personal needs.”
Childcare Leave (Non-primary)
Beginning August 1, 2016, eligible non-primary caregivers will be
entitled to six weeks of paid leave following their child’s birth,
adoption or foster care placement. This non-primary caregiver leave may
be taken in two segments within one year of the event. Non-primary
caregivers currently receive one week of paid leave.
Childcare Leave (Primary)
From August 1, 2016, newly eligible primary caregivers will now have the
flexibility of taking the leave in two segments within one year of the
event. Eligible primary caregivers currently receive 16 weeks of paid
leave to be taken in one continuous period.
Beyond parental leave, Barclays is extending support to employees who
are called to active duty military service. Eligible employees will now
receive 100% of their Barclays pay, less any military pay offset, for up
to five years while under an approved Military Leave.
Barclays is a transatlantic consumer, corporate and investment bank
offering products and services across personal, corporate and investment
banking, credit cards and wealth management, with a strong presence in
our two home markets of the UK and the US. With over 325 years of
history and expertise in banking, Barclays operates in over 40 countries
and employs approximately 130,000 people. Barclays moves, lends, invests
and protects money for customers and clients worldwide. For further
information about Barclays, please visit our website www.barclays.com.
Kerrie Cohen, +1-212-412-4096