Contact Us for a Free Consultation 949-379-6250

Employment Law News

VIRGIN IS AT IT AGAIN—REVOLUTIONARY EMPLOYEE-FRIENDLY POLICIES

Posted by Kashif Haque | Jun 10, 2015 | 0 Comments

 ON 

Shutterstock 515154367 700x400

Virgin Group—comprised of names like Virgin Atlantic, Virgin America, and Virgin Galactic—is pioneering a new approach to paternity and maternity leave. Last year, founder Sir Richard Branson announced the company's new vacation “non-policy” which allowed for unlimited vacation time. This year, Branson is catering to new fathers and mothers.

Virgin's new paternity/maternity leave policy allows employees in the Virgin Management sector to take a full year of leave with 100% pay benefits. Those 140 employees in the London and Geneva offices are eligible to take the leave, which extends to mothers and fathers, as well as adoptive parents.

The only caveat, if it can even be called that, is the length of time an employee as worked for the company; an employee who has less than 2 years with the company is only eligible for 25% of their year pay, while an employee who has been with Virgin Management for at least four years is eligible for his or her full pay.

According to Branson, “if you take care of your employees they will take care of your business.”

Source: The Independent & Business Insider

About the Author

Kashif Haque

Kashif Haque is a trial attorney and one of the founding attorneys of Aegis Law Firm. He served as the 2015 Chairman of the Orange County Bar Association—Labor and Employment Section. Mr. Haque has obtained millions of dollars on behalf of his clients through trial, arbitration and settlement. A...

Comments

There are no comments for this post. Be the first and Add your Comment below.

Leave a Comment

Contact Us For A Free Consultation

At the Aegis Law Firm, we know that you may be going through a difficult time, and we are here to help you recover from the wrongs that you suffered. An attorney at our Orange County or Los Angeles law firm can meet with you for a free initial consultation to discuss your circumstances. We also take most cases on a contingency fee basis, which means that you do not pay any fees unless you win or recover compensation.

949-379-6250

Menu