nib offers new employee benefits to boost life at nib

nib Group (nib) has launched a new suite of flexible benefits to better support the personal health and wellbeing needs of its diverse workforce of more than 1,300 employees.
The broad range of entitlements for employees include increased paid parental leave for all parents; gender affirmation leave; compassionate leave for pregnancy loss and miscarriage; cultural leave; flexible public holidays; and increased paid family and domestic violence leave. The benefits came into effect from 1 July.
nib Group Chief People Officer, Martin Adlington said the benefits follow months of consultation with employees and planning, to better support nib’s people.
“It’s important that our benefits reflect the diverse needs of all our employees, no matter their life stage,” Mr Adlington said.
“For example, one of our benefits include increasing our paid parental leave for up to 18 weeks for all parents, regardless of whether they’re a primary or secondary carer, in the first two years of the child’s life. Our employees can choose to take this leave in a way that suits them – whether that’s consecutive weeks, single days, full pay or half pay,” he said.
Mr Adlington said the suite of benefits also reflect Australia’s modern and inclusive society.
“For example, our parental leave benefits provide greater opportunity for all parents to share family responsibilities,” Mr Adlington said.
“Current data tells us that men account for only 12% of primary carer leave use[1], opens in a new tab, yet it’s known that fathers feel more motivated after taking parental leave and will consider staying with their organisation longer as a result.[2], opens in a new tab Women are also more likely to have interrupted careers, reduced participation in the workforce and lower earnings potential to care for their child or family members.[3], opens in a new tab
“We believe all employees, no matter their gender or background, should have equal opportunity to excel in the workplace. Our range of benefits will help to support this and shows that we’re serious about meeting our commitments in our Diversity and Inclusion Action Plan released last year,” he added.
Another benefit introduced includes five days of paid cultural leave designed to support nib’s Aboriginal and/or Torres Strait Islander employees to take time away to practice their traditional rituals and customs and partake in dates of significance.