‘Family Matters’ at BOI
15th February 2023
Bank of Ireland Group plc has announced a range of both new and enhanced family friendly policies and supports. Launched to 9,000 colleagues across the Group today – and applicable to all colleagues based in Ireland, UK, EU and US, in line with local legislation – the Bank’s Family Matters initiative will create a more supportive and inclusive environment for colleagues at different life stages.
The new benefits include:
•Seven weeks top up of parents leave for parents in the first two years (ROI)
•Seven weeks top up of shared parental leave in first year (UK)
•Now 13 weeks’ paid leave for partners, when coupled with paternity leave enhancements adopted in 2022.
•New provision for foster care leave.
•Ten days’ leave for colleagues undergoing fertility treatments.
•Surrogacy leave has now been formalised to match adoptive leave entitlements.
•Early pregnancy leave for the loss of a baby under 24 weeks’ gestation, available to all colleagues.
•Extended breastfeeding breaks for parents with a child up to two-years of age.
Bank of Ireland has also made all family leave policies “day-one” entitlements for colleagues, meaning they can avail of benefits from the first day of employment.
Myles O’Grady, Group CEO, Bank of Ireland said: “As one of the largest employers in Ireland, we want to build a progressive workplace and contribute to a progressive society. This is also important for our business which competes hard to attract and retain the talent we need to serve our customers, support growing businesses, and also grow as a company.”
“We constantly challenge ourselves to foster a work environment where colleagues are treated with fairness and flexibility.
There is no one-size-fits-all for families, so our people policies aim to support a range of scenarios, including when colleagues face very challenging circumstances.”
The Bank has launched an informative Family Matters Handbook illustrating all key supports and benefits available, whatever the colleagues’ journey.
Pictured at the launch of its Family Matters policies are Bank of Ireland colleagues Carmel Shanley, Shauna Rogers and Chris Keeley, along with his daughter Ava (2).