Saga will introduce paid leave for the birth of a grandchild

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The birth of a grandchild can be seen as an invaluable gift in and of itself, but for some grandparents now comes a new benefit – an extra week off.

Saga, the travel and insurance company for people over 50, will offer employees a week of paid vacation to celebrate the birth of a grandchild.

The company, which employs 2,500 people, said it was introducing the policy by recognizing that grandparents play an increasingly essential role in child care while creating a work culture that appeals to those over. 50 years.

“It’s about helping new grandparents celebrate a special time and play a role in growing families from day one,” said Jane Storm, Human Resources Manager at Saga. “It is also a symbol of the importance of older workers to their business and to society.

“Our clients are mostly over 50 years old and we want to have more colleagues here who reflect the community we serve. We also believe this idea should be a key attraction for retention and recruiting. “

As part of the policy, the grandchildren of all Saga staff will have access to its on-site nursery at its head office in Folkestone, Kent.

According to Age UK, around 40% of grandparents over the age of 50 provide regular care for their grandchildren, and 71% of those aged 50 to 64 work. The over-50s are also the fastest growing age group, with 28 million people expected to be in this age group by 2030.

“Adopting family-friendly work practices makes good business sense,” said Justine Roberts, founder of the online community Gransnet. “Employers who recognize that their employees have relationships and responsibilities outside of work will reap the rewards of increased employee loyalty and well-being. “

Saga is the latest company to introduce more flexible work policies for staff. In October, online fashion store Asos introduced a series of policies to support employees who “were going through life-related health events.” These include taking short-term leave and paid leave for staff dealing with pregnancy loss, fertility treatment or menopause.

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In 2019, Channel 4 launched its own menopause policy in an effort to normalize the ‘taboo’ topic and in May this year, online bank Monzo announced that it would offer paid time off to employees affected by the loss of work. ‘pregnancy.

The extension of benefits is also increasingly seen as a way to retain and attract staff in the face of the post-pandemic workforce shortage and empower workers in a new culture where work flexible is now the norm.

Eye-catching policies include “pawternity” – essentially paid time off to care for a new pet. Companies ranging from Mars, the parent company of pet food brands Whiskas and Pedigree, to brewer BrewDog are offering “puppy parental leave.” According to insurer Petplan, one in 20 new pet owners in the UK have been offered time off to care for them.


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