Telenor Group adopts six-month paid maternity leave policy

NEW DELHI: Norway-based Telenor Group said that it has adopted a six-month paid maternity leave policy as a minimum standard globally across its 13 markets.

The telecom group said that the new policy will particularly benefit Telenor’s Asian markets, including India. The current practices in Europe, on par or above the newly proposed initiative, will be continued.

“This is about strengthening Telenor’s competitiveness in the markets where we operate. We know that a diverse workforce drives innovation and better performance. With the goal of ensuring that our organization better reflects the world we live in, and in order to attract, retain, and develop female leadership talent, we are instituting a minimum six-month paid maternity leave as standard for our employees everywhere we operate,” said President and CEO of Telenor Group, Sigve Brekke.

In Telenor’s Asia operations, with the exception of Bangladesh, female employees are currently entitled to less than six months of funded maternity leave per local regulations and personnel practices. As a result, women may decide to leave the workforce to have children, and as internal Telenor surveys reveal, some may not return, resulting in lost leadership opportunities and cost from staff turnover.

“This will represent a significant difference in markets such as Thailand and India, where local regulations require only three months of maternity leave. We consider it a highly strategic move, both from a societal and a business perspective,” Brekke said.

The new policy will take effect from January 1, 2016. Approximately 36% of Telenor’s global workforce of 33,000 people is women.

The company said that the move is in line with a corporate vision of encouraging diversity and developing more female leadership in business and society. “The decision represents a major step forward in creating an equitable work-life balance for employees within the telecommunications industry, the company said in a statement.

“We are confident that that the costs of an improved maternity leave policy are outweighed by the savings of reduced staff turnover and the increased competitiveness we anticipate from a more diverse and equitable workplace, Brekke added.