Press release
LONDON – Nov 18, 2019 – Bain & Company today announces a new parental leave policy in the UK. New parents – regardless of gender – will be eligible to receive up to 52 weeks of leave with the first 29 weeks fully paid.
The new policy, which covers biological births, adoption and surrogacy, will be phased in over the course of 2020 and fully in place by 2021. The changes aim to remove a barrier to gender equality in the workplace, allowing both parents to spend time with their new child.
“We are proud to take this major step towards gender equality at all levels at Bain & Company in the UK. We remain committed to redefining the management consulting industry and we continue to invest to ensure that Bain is a workplace in which all members of our teams can thrive, both personally and professionally,” said Michael Garstka, managing partner of Bain & Company in the UK. “Our equal parental leave policy and broader flexibility options are key components to that.”
Bain & Company earned the #2 spot on Glassdoor’s 2019 ranking of the UK’s best places to work, and the firm consistently receives global recognition for its commitment to diversity and inclusion. Last year, Bain & Company was the highest ranked company in “Leadership and Culture at Work,” according to the UK Chartered Management Institute/Glassdoor Top 20 survey.
While the intent of most traditional maternity leave policies is to offer support, often they imply or even financially force the birth mother to become the primary care giver. This not only influences the role the other parent plays over time, but also influences future decisions a birth mother might make about her career - and in particular can create differences in career timings and progression between men and women, simply driven by gender.
“Our research, both in the UK and globally, has reinforced that flexible working options when offered, supported by line leadership and used by all employees, can and do positively impact employee engagement and advocacy,” noted Garstka.
“Creating optionality by offering equal parental leave is one of the most impactful actions that employers can take to move us forward on gender equality, and I’m pleased that we are able to offer this to option to our employees at Bain & Company in the UK,” said Barney Hamilton, Chief Talent Officer at Bain & Company in the UK. “We hope other employers will do the same in support of long term change in society.”
Editor's Note: To arrange an interview, contact Aliza Medina at aliza.medina@bain.com or +44 207 969 6480
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A proposito di Bain & Company
Bain & Company è l’azienda di consulenza globale che aiuta le aziende change-makers più ambiziose a definire il proprio futuro. Con 65 uffici in 40 paesi, lavoriamo insieme ai nostri clienti come un unico team con un obiettivo condiviso: raggiungere risultati straordinari che superino i concorrenti e ridefiniscano gli standard del settore. L’approccio consulenziale di Bain è altamente personalizzato e integrato e, grazie alla creazione di un ecosistema di innovatori digitali, assicura ai clienti risultati migliori e più duraturi, in tempi più brevi. Il nostro impegno a investire oltre 1 miliardo di dollari in 10 anni in servizi pro bono mette il nostro talento, la nostra competenza e le nostre conoscenze a disposizione delle organizzazioni che affrontano le sfide di oggi in materia di istruzione, equità razziale, giustizia sociale, sviluppo economico e ambiente. Fondata nel 1973 a Boston, in Italia ha celebrato il trentennale nel 2019: la sua approfondita competenza e il portafoglio di clienti si estendono a ogni settore industriale ed economico e in Italia la rendono leader di mercato.
Per maggiori informazioni: www.bain.it