NZME hands cash bonus to staff with new babies

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Auckland, Today: NZME has announced a change in its parental leave policy to better reflect the needs of parents when they welcome a new arrival into the family.

In addition to the government-paid parental leave benefits, NZME is to extend an additional one-off payment of $5000 to permanent employees who are primary carers when they start parental leave.

This is the equivalent of an additional nine weeks of paid leave.

NZME ceo Michael Boggs said: “A change is also being made to leave accrued while the primary carer is on parental leave; due to the way that annual leave is calculated, an average of the previous 52 weeks earnings, many primary carers return with accrued annual leave that is effectively paid at zero dollars.

“NZME is now offering eligible primary careers two weeks of their accrued annual leave payable at their base rate upon their immediate return to work.

“NZME is committed to supporting parents fairly, and still considers them an important part of the team while they are on leave,” he said.

“As a policy, they will ensure all primary carers are included in the annual salary review process whilst on leave, and are open to flexible working applications when primary carers return from leave.”

“This leave can be taken when best suits – in one block, or broken up and used over individual days over six months.”

NZME is also offering further support for partners of a primary carer, who can currently take up to two weeks statutory unpaid leave around the time of birth or adoption. Effective immediately, this leave will no longer need to be unpaid for permanent employees – it will be payable at their normal base salary rate.

“This leave can be taken flexibly and when best suits; it can be taken in one block, or broken up and used over individual days over six months,” Boggs said.

“The company understands how crucial flexibility is at this important and exciting time,” he said.

“From my own experience, your world does turn upside down when you have a newborn at home and every bit of support makes a difference to your wellbeing, and that of your child and family. We are committed to supporting our team as much as we can during this time, and have reviewed our parental leave policy accordingly to recognise what can be a challenging time financially, emotionally and career-wise.

“We understand that all families are different, and want to offer our employees the support that works best for them.

“I truly believe that life often cannot be completely separated from work, and by empowering our working parents with greater support and flexibility, we can foster a happy and engaged workplace.”

About NZME
NZME is a leading New Zealand media and entertainment business that reaches more than 3.3 million Kiwis. Whether reading, listening or watching, our audience gets the content they want – where and when they want it. NZME offers advertisers a unique opportunity to access its growing audience via a fully integrated multi-platform presence. NZME is listed on the NZX Main Board (code NZM) with a foreign exempt listing on the ASX (code NZM).

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