How did LSEG create its ground-breaking global parental leave policy?
From 1 July 2024, all London Stock Exchange Group (LSEG) employees with more than 12 months of service who welcome a child into their family will be offered 26 weeks of fully paid leave. They are entitled to the benefit irrespective of the parent’s gender, how they become a parent, or where they are located globally. Employees are also entitled to an eight-week phased return to work, working 80% of normal hours at full pay. LSEG’s progressive and pioneering parental leave policy is truly equitable and through its global minimum standard offers a substantial structural and culture change for workers in geographies where paid parental leave has historically been low. Jennifer Thomas, Global Head of ED&I at LSEG joins the HR Grapevine podcast to discuss how the ground-breaking policy was put together including recommendations for other employers looking to overhaul their parental leave and reflections from her own journey as a new parent at work.