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AXA Launches Global Parental Leave Policy

December 08, 2016 |
  • AXA Group employees around the world will receive a minimum of 16 weeks and 4 weeks fully paid maternity³ and paternity⁴ leave, respectively
  • AXA in Asia  will align this global policy to all employees at its wholly owned entities from January 2017 and aims to expand parental policy guidelines across its unique partners network in the region


AXA Group is launching, as of January 1st 2017, a parenting policy to support employees in most of the 64 countries in which it operates.  Whatever their family situation, all Group employees will receive a minimum of 16 weeks and 4 weeks fully paid maternity³ and paternity⁴ leave, respectively.
 
To encourage employees to take advantage of this policy, AXA guarantees that employees who do so can return to an equivalent role with the same salary and benefit structure.   

“This global policy gives all AXA employees the same rights and opportunities when expanding their family. I am convinced that a good balance between professional and private life is absolutely necessary to the performance and professional fulfillment of our employees,” said Thomas Buberl, Group Chief Executive Officer of AXA.

The policy will be rolled out across AXA’s network in Asia and implemented according to local market legislation, taking into account social and cultural factors. 

Shubhro Mitra, Regional Chief Human Resources Officer, AXA Asia, said: “Parenting is a rewarding experience and as a caring employer, we want to ensure we provide our employees with the resources to support them on this journey.  This is uniquely important for Asia where family is considered the cornerstone of culture and tradition and the reason we have committed to extending the global advantages through our partnership network and affiliates carrying the AXA brand.  The new parental policy is an attractive offering, supports diversity and will positively impact over more than 23,000  employees and our future workforce for the long term sustainability and success of AXA in Asia going forward.”
 
In Asia, AXA’s new parental policy of 16 weeks maternity and 4 weeks paternity leave generally exceeds the legal minimum.  However where local laws or current benefits go beyond these advantages, the greater benefit will continue to be applied. 

In order to help its employees balance the demands of their professional and private lives, AXA will offer flexible working options to each parent as well as dedicated HR and management support before, during and after the period of parental leave. 

Legal parental leave - examples

 

Fully paid Maternity leave
in weeks: Legal Minimum

Fully Paid Paternity leave
in weeks: Legal Minimum

France

16*

2

UK

6*

2*

Germany

14

0

Spain

16

2

Belgium

15*

3 days

Switzerland

14*

0

Italy

20*

1 day

Poland

14

2

USA

0

0

Mexico

12

1

Columbia

14

1

Morroco

14

3 days

UAE

6

0

Japan

14*

0

India

12

0

Philippines

8

1

Hong Kong

10*

3 days*

Singapore

16

1

Indonesia

12

2 days

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: AXA
*Not fully paid

 

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