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Beam Suntory gives staff 26 weeks paid parental leave
Maker’s Mark owner Beam Suntory is offering its employees 26 weeks of fully paid parental leave and a flexible workplace policy as part of its efforts to create a “more diverse and inclusive culture”.
Beam Suntory brands include Jim Beam and Maker’s Mark Bourbons
Beam Suntory, owner of brands such as Jim Beam Bourbon and Courvoisier Cognac, has “significantly” expanded its employee benefits globally for 2020.
From 1 January 2020, workers will benefit from at least 26 weeks of fully paid leave for the birth or adoption of a child, while secondary caregivers will gain four weeks’ paid leave.
The company said that the benefit places Beam Suntory in the top tier of global company parental leave policies.
It follows a similar move by drinks giant Diageo, which this year started a global rollout of a new parental leave policy, offering several regional businesses a minimum of 26 weeks paid in full to both parents.
In addition, Beam Suntory will offer an “expanded” global flexible workplace policy to “promote increased productivity, creativity and collaboration”. This will enable workers to work remotely one day a week with flexible and compressed working and job-sharing opportunities available globally.
Flex hours will also be offered, allowing employees to work compressed weeks such as four 10-hour days.
A new ‘short Fridays’ benefit will allow anyone who has completed their required work hours and business needs to depart the office at 2pm on Fridays year-round.
“I’m incredibly proud to announce how we are turbo-charging our global benefit offerings in 2020 to help our people bring their best selves to work and to life outside of work,” said Paula Erickson, senior vice president, chief human resources officer, Beam Suntory.
“Beam Suntory is a place where you can ‘unleash your spirit,’ and we believe that offering additional time when it’s needed most, as well as greater flexibility, will lead to even better productivity and performance from our team worldwide.”
The company has set 2030 goals as part of its ‘Diversity & Inclusion’ pledge, including placing women in 50% of leadership positions, 45% multicultural employee representation in the US, and 100% of employees evaluated equally on what they accomplished and how their work was done.