Thomson Reuters has enhanced its global paid parental leave policy, offering all employees a minimum of 16 weeks of paid leave, regardless of gender identity, sexual orientation, marital status or family role.
This parental leave policy will be available to all employees across Thomson Reuters’ 74 operating countries.
Birthing parents in the US will be entitled to an additional four weeks of leave, while in Canada they will receive a total of 17 weeks of paid leave, with pay topped up 100%, and those in Argentina will benefit from an additional three weeks of leave.
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The global minimum standard will also increase paid parental leave for non-birthing parents in the majority of Thomson Reuters’ operating countries, with employees in the UK, India and Argentina set to receive an extra 14 weeks of paid leave, and Canadian staff receiving an extra 15 weeks of paid leave.
Mary Alice Vuicic, chief people officer at Thomson Reuters, said: “Welcoming a child into a family is a life-changing experience, and one that requires support from family, friends, community, and employers. Giving new parents paid parental leave to adjust and bond with their new child has a positive effect on the physical, financial, and emotional wellbeing of the whole family.
“Thomson Reuters is committed to making flexibility and the health and wellbeing of our staff a priority. We are tremendously excited for all our new parents and look forward to supporting them and their flourishing families.”
Other benefits offered by Thomson Reuters include allowing employees to work from another location for up to a total of eight weeks in a year, with four of those weeks out of country, six months unpaid sabbatical leave once every five years for staff with three or more years of service, and 10 days of paid caregiver leave, which can be used to care for an immediate family member in a medical emergency.