Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Russell McVeagh leading in equal pay and parental leave

21 October 2016

Russell McVeagh leading in equal pay and parental leave policies

Today Russell McVeagh is proud to announce that the firm has been shortlisted as a finalist in the Gold Category in the YWCA Equal Pay Awards. This coincides with an announcement of a new parental leave policy, with increased paid parental leave provisions for staff regardless of gender, sexuality or role in the firm.

The inaugural YWCA Equal Pay Awards were launched in 2014, recognising best practice among business leaders who are on the journey toward equal pay. To be recognised in the Gold Category is a fantastic accolade.

A YWCA spokesperson states, "Organisations at this level are typically creating and evolving strategies to establish a direct link between implemented initiatives, processes, practices and cultural intent with the organisation’s people strategy to address equal pay. These organisations have used a range of diagnostic tools, processes and systems implemented to draw insights and create action plans to address equal pay within the organisation. Gold award recipients will demonstrate best practice and will be acknowledged as a leader in equal pay and be prepared to share learnings for others to follow. Organisations at this level are held up and recognised as leaders in the field of addressing equal pay."

As part of Russell McVeagh's ongoing commitment to diversity, the firm today announced a new parental leave policy. The policy contains increased paid parental leave provisions for staff regardless of gender, sexuality or role in the firm (provided they meet the statutory eligibility requirements for government paid parental leave as the primary carer). Russell McVeagh now (through 12 weeks of paid leave and a six week lump sum on return to work) 'tops up' the 18 week primary carer government-paid parental leave to full pay. In addition, the firm also offers paid partner leave for up to two weeks for non primary carers.

The policy will apply to staff commencing parental leave after 25 October 2016.

Lesley Elvidge, HR Director says, "Equal pay is an incredibly important platform of our diversity programme. We are honoured by this recognition by the YWCA Equal Pay Awards and remain committed to continuing our diversity journey at Russell McVeagh through ongoing initiatives such as our comprehensive parental leave policy."

Winners will be announced at the YWCA Awards Event in Auckland on the 3rd of November.


ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Economy: COVID-19 Lockdown Has Widespread Effects On Labour Market

In the June 2020 quarter, the seasonally adjusted unemployment rate fell to 4.0 percent, down from 4.2 percent last quarter, while underutilisation rose, Stats NZ said today. More>>

ALSO:

NZ Post: New Research By NZ Post Shows Online Shopping Grew 105% In Alert Level 3

New research by NZ Post into how the COVID-19 response has impacted the way Kiwis shop online, shows online shopping increased 105%* when the country moved into Alert Level 3, and may have changed the way Kiwis shop permanently. Online spend peaked ... More>>

ALSO:

Banking: Westpac NZ Lowers Merchant Fees For Small Businesses

Westpac NZ is rolling out a new merchant fee pricing structure that will lead to cost savings for more than 10,000 small and medium Kiwi businesses, and could make contactless transactions more widely available for customers. On 1 September, most ... More>>

REINZ: Million Dollar Plus Property Sales Increase 11.7% Nationally

The number of properties sold around the country for one million dollars or more during the first half (H1) of 2020 increased by 11.7% compared to H1 2019, with 5,426 million-dollar plus properties sold (up from 4,858 in H1 2019) according to the Real ... More>>

Waste: Government To Regulate Plastic Packaging, Tyres, E-Waste

The Government is stepping up action to deal with environmentally harmful products – including plastic packaging, tyres and e-waste – before they become waste. As part of the wider plan to reduce the amount of rubbish ending up in landfills, ... More>>

ALSO:

Bankers Association: Banking Becomes First Living Wage Accredited Industry

Banking has become New Zealand’s first fully living wage accredited industry, leading to nearly 1800 employees and contractors moving onto the living wage and gaining greater economic independence for them and their families. As of today, all ... More>>

ALSO:


QV Valuations: July House Price Index Illustrates Market Resilience

According to the July 2020 QV House Price Index (HPI) results out today , property values recorded a marginal increase, up 0.2% over the month. This is somewhat of a turnaround from June, after the national index edged 0.2% lower. More>>

ALSO:

Property: Queenstown Rents Experience Biggest Drop In Seven Years

Rental prices in the Queenstown-Lakes district saw the biggest annual percentage drop in seven years after falling 28 per cent on June last year, according to the latest Trade Me Rental Price Index. Trade Me Property spokesperson Aaron Clancy said ... More>>

Seismology: The Quiet Earth

As many daily activities came to a halt during lockdown, the Earth itself became quiet, probably quieter than it has been since humans developed the technology to listen in. Seismologists have analysed datasets from more than 300 international ... More>>

RNZ: James Shaw Says Kiwibank, Not Ministers Should Decide On Investors

Climate Change Minister James Shaw says Kiwibank's decision to stop doing business with companies dealing in fossil fuels is the right one. More>>

ALSO:

FMA: Kiwis Confident Financial Markets Will Recover From COVID-19, Plan To Increase Investments

Despite the majority (60%) of investors experiencing losses as a result of COVID-19, the outlook on investing remains positive, according to a Financial Markets Authority (FMA) survey. Most Kiwis (71%) were optimistic that the pandemic will pass eventually ... More>>

FIRST Union: Warehouse Using Covid For Cover As Extensive Restructure Makes Everyone Worse Off

(FIRST Union comments on The Warehouse consultation and proposed restructure) 'Unfortunately the Warehouse have done the disappointing thing and used Covid-19 to justify a bunch of operational business decisions that will leave hundreds of workers without jobs ... More>>

ALSO:

Stats NZ: Mixed Performance By Regions Leaves National Emissions Picture Unchanged

Approximately two-thirds of New Zealand’s regions recorded decreases in their total greenhouse gas emissions, while one-third of regions saw increases between 2007 and 2018, Stats NZ said today. “While some regions reduced their emissions, ... More>>