Johannesburg Stock Exchange introduces equal paid parental leave

Johannesburg Stock Exchange introduces equal paid parental leave

Africa’s largest stock exchange, Johannesburg Stock Exchange (JSE) is giving all working parents four months paid leave entitlement.

Regardless of gender, all of JSE’s 500 employees will be eligible for the benefit. The policy extends to parents who are expecting a newborn through adoption or via surrogacy, as well as natural childbirth. Employees also have the option of taking their four months leave consecutively, or in segments.

This aligns with JSE’s commitment to prioritise the 17 sustainable development goals (SDGs) to transform the world, including achieving goals like; no poverty, zero hunger, good health and wellbeing, quality education, clean water and sanitation, affordable ad clean energy, and economic growth.

Sign up to our newsletters

Receive news and guidance on a range of HR issues direct to your inbox

This field is for validation purposes and should be left unchanged.

Donald Khumalo, HR director at JSE said: “Our society is evolving and organisations should adapt to these changes. It is with this mind that we revise our policies to ensure that we are gender-neutral and in line with the inclusive society that we operate in.”

“If both partners choose to use this policy, it can enable the child to have eight months of uninterrupted parental care.”