We are so delighted to share our new parental leave support which will increase paid leave to 26 weeks and provide paid superannuation for a year. Chief Executive of Ingenia, Simon Owen, said the new policy is incredibly important, particularly for women, and seeks to redress the disadvantage many women face when it comes to retirement savings.
“At Ingenia primary carers have typically been women and our customer base in our lifestyle and rental communities is predominately women. We are all aware of the gender pay gap experienced by women, specifically those over 55 years old who may struggle in retirement and wanted to help break this cycle.”
“When we looked at our parental leave policy, we wanted to address the lag in retirement savings affecting women, as well as providing additional paid leave. “
Primary carers will receive 26 weeks full pay, superannuation paid for the full 12 months of parental leave, 5 additional days of paid Carer’s leave and 10 days of paid Transition leave to support return to work. We also provide 2 weeks of full pay to secondary carers.
Kristy Minter, General Manager of People & Culture, said that offering additional support for new parents is both culturally and commercially the right decision for Ingenia.
“It enables us to attract, and importantly, retain talent. And we want our people who take parental leave to return at the earliest opportunity and in a positive and productive manner.“
Ingenia employs around 1,300 team members across around 120 city and regional sites, with two-thirds of its workforce being women. It has equal gender representation at Board and Executive level. Ingenia is committed to driving diversity across its growing organisation as the benefits are substantial across numerous areas including broadening a company’s range of views, problem-solving skills, and increased knowledge.