Union Bank has raised the bar in Nigeria's financial sector by introducing a groundbreaking maternity leave policy and an onsite crèche facility for its employees.
The new initiative offers five months of fully paid maternity leave, significantly surpassing the standard 12 weeks stipulated by Nigeria’s Labour Act.
This leave is exclusive of annual leave, providing new mothers with more time to recover and bond with their newborns, aligning with the United Nations' Sustainable Development Goal (SDG) 3: Good Health and Well-being.
In addition to this extended leave, returning mothers will benefit from a one-hour late resumption period during their first month back at work.
This policy aims to ease the transition and promote a better work-life balance for new mothers.
Union Bank’s commitment to supporting working parents extends to the launch of an on-site crèche facility, set to debut at the Head Office in December 2024.
The facility will include lactation rooms and family-friendly amenities, offering a convenient childcare solution for both male and female full-time employees.
This initiative also supports SDG 5: Gender Equality, helping parents balance professional and family responsibilities, retaining top female talent, and fostering an inclusive work environment.
Omayuli Wale-Ajayi, Chief Talent Officer of Union Bank, stated, “At Union Bank, we are proud to set a new standard in the banking sector with comprehensive maternity leave for working mothers and crèche facilities for the babies of both male and female full-time employees.
“We are committed to creating a workplace where women can thrive, and these initiatives are crucial in supporting working mothers as they balance their careers and personal lives.”
These forward-thinking policies position Union Bank as a leader in workplace inclusivity and sustainability.
By prioritizing gender diversity and employee well-being, Union Bank is taking significant steps toward creating a supportive, inclusive workplace that aligns with global sustainability goals, contributing to broader economic growth.
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