The birth of a grandchild may be considered a priceless gift in itself, but for some grandparents it now comes with a new perk – an extra week off work.
Saga, the travel and insurance company for the over-50s, is to give employees a week of paid leave to celebrate the birth of a grandchild.
The company, which employs 2,500 staff, said it was introducing the policy in recognition that grandparents play an increasingly essential role in childcare while also building a work culture that appeals to the over-50s.
“This is about helping new grandparents celebrate a special moment and play a role in growing families from day one,” said Jane Storm, the chief people officer at Saga. “It is also a symbol of how important older workers are to their companies and society.
“Our customers are mostly over 50 and we want to have more colleagues here that reflect the community we serve. We also think this idea should be a key attraction for retention and recruitment.”
As part of the policy the grandchildren of all Saga staff will have access to its onsite nursery at its headquarters in…