LSEG Sets New Standard with 26 Weeks’ Global Paid Parental Leave

LSEG Sets New Standard with 26 Weeks’ Global Paid Parental Leave

(IN BRIEF) London Stock Exchange Group (LSEG) announces a groundbreaking enhancement to its parental leave policy, introducing 26 weeks of fully paid leave for all employees welcoming a child into their family, effective from July 1, 2024. This move, irrespective of gender, method of parenthood, or global location, aims to promote shared parental responsibility and gender equity within the organization. Accompanied by an eight-week phased return to work at 80% of normal hours and additional support for families with neonatal care needs, LSEG underscores its commitment to fostering inclusivity and supporting employees during significant life moments.

(PRESS RELEASE) LONDON, 21-Feb-2024 — /EuropaWire/ — LSEG (London Stock Exchange Group) announces a significant enhancement to its parental leave offering, creating a single global benchmark of 26 weeks’ paid leave to support colleagues at key life moments and reinforcing its commitment to Equity, Diversity and Inclusion.

From 1 July 2024, all LSEG employees with more than 12 months’ service will be offered 26 weeks of fully paid leave, when they welcome a child into their family, regardless of the parent’s gender, how they become a parent or where they are located globally, allowing all LSEG parents to have an equal opportunity to take on caregiving for their children.

This period of leave can be followed by an eight-week phased return to work, working 80% of normal hours at full pay. Additionally, LSEG is introducing enhanced leave to support families whose children require neonatal care.

Erica Bourne, Chief People Officer, LSEG said: “We are excited to roll out these offerings that underscore our commitment to being a truly inclusive workplace. Our new global parental leave will help create a supportive environment to encourage greater shared parental responsibility and drive gender equity in our industry. We’re continuously looking to introduce benefits for employees that drive inclusion, enhance the employee experience and help colleagues feel at their best.”

To foster a high-performance workplace, LSEG recognises that supporting employees during key life moments, such as welcoming a child into their family, is essential. By offering enhanced global parental leave, LSEG is demonstrating its commitment to providing a supportive environment where employees can balance their professional and family responsibilities effectively, ultimately contributing to a more inclusive and productive workforce.

Notes to editors

• In regions where local laws provide for additional paid leave beyond the global 26 weeks, these will also be honoured.
• In addition to enhancing parental leave, LSEG is introducing neonatal care leave. This initiative includes and provides up to 12 weeks’ additional leave in cases where a baby needs extra medical attention in the first 28 days after birth. Prematurity is not a prerequisite to qualify.
• The following video showcases what being a parent means to LSEG colleagues around the world:

About LSEG

LSEG (London Stock Exchange Group) is a leading global financial markets infrastructure and data provider, playing a vital social and economic role in the world’s financial system.

With our open approach, trusted expertise and global scale, we enable the sustainable growth and stability of our customers and their communities. We are dedicated partners with extensive experience, deep knowledge and a worldwide presence in data and analytics; indices; capital formation; and trade execution, clearing and risk management across multiple asset classes.

LSEG is headquartered in the United Kingdom, with significant operations in 70 countries across EMEA, North America, Latin America and Asia Pacific. We employ 23,000 people globally, more than half located in Asia Pacific. LSEG’s ticker symbol is LSEG.

Media Contacts:

LSEG Press Office
Rhiannon Davies / Karen Lee / Stuti Singh
+44 (0)20 7797 1222
newsroom@lseg.com
www.lseg.com

SOURCE: LSEG