Nationwide has announced plans to extend parental leave for parents of premature babies.
Nationwide Building Society has announced that it is offering extended maternity leave to employees when their baby is born before the 37th week of pregnancy and four weeks hospital leave for supporting parents.
The policy was designed in consultation with Nationwide Group Staff Union (NGSU) and employees who have had children prematurely.
The building society has also become the first high street financial services provider to sign the Employers with Heart charter, awarded by premature baby charity, The Smallest Things.
The announcement comes after the Government published a consultation paper on extending parental leave for parents of premature babies.
Faye Whitmarsh, Nationwide’s Head of Culture & Engagement, said: “Becoming a parent is an exciting time, but we know it doesn’t always go to plan. Our premature birth policy provides greater support for families when they need it most and we’re delighted to be recognised as an ‘Employer with Heart’ by a wonderful charity. We’re proud of the fact this policy was designed in partnership with the NGSU and Nationwide employees who recently experienced a premature birth. We hope that other employers will review and update their premature birth policies, given the extra support it can provide families.”