Thursday, 28 March 2024
News

Islabikes introduce industry-leading parental leave scheme

Children’s bicycle specialist Islabikes, has today announced radical changes to their maternity and paternity policy giving employees equality for leave and pay entitlement .

The scheme, which looks to further improve the company’s commitment to equal rights has updated maternity and paternity leave. The new Islabikes Parental Leave not only benefits employees but also aims to assist partners of employees to get back to work after giving birth. The scheme, which is thought to be a first in the cycling industry introduces a raft of policy changes in the company that consists of the following:

  • Up to 52 weeks leave for women and men
  • 100% pay for first 6 weeks post-natal for women and men
  • 33 weeks at 50% of national living wage for women and men
  • Additional leave if your baby is born 4 weeks early or more
  • Return to work bonus of up to 1-months salary
  • Up to 8-week phased return to work and re-induction
  • Flexible working options in the first 6-months of your return
  • Review of flexible working options at the end of the 6-months to determine a long-term working plan

Islabikes have long championed the working conditions and employee rights, being one of a minority in the bike industry actively declaring themselves a Living Wage provider.

The company’s Operations Manager Suzanne Boak said: “Having a child is a life defining moment. We think it’s really important to maximise employees’ enjoyment of this time without having a long-term effect on their working ambitions.”

With expanded options for both parents it is hoped that it will not only encourage more dads to spend time with their new-born, but will also encourage more women back into work after having their baby and should make the transition much easier.