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National Australia Bank Limited (ASX:NAB) has set itself apart from other employers by offering dad’s 12 weeks of paid parental leave.
The bank has extended its policy to include male workers and also adoptive or non-birth parents meaning all NAB employees can now choose to take paid primary carer’s leave within the first 12 months of a new child’s life.
NAB CEO Andrew Thorburn says the bank is recognising that parental care of children was no longer based along gender lines and there was a benefit to tapping into the full range of talent that exists in society.
NAB made a net profit of $5.3 billion for the full year ended 30th September 2014.
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