Oliver Wyman ups its support for working mums and dads

11 March 2024 Consultancy-me.com 2 min. read
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Soon to be parents and aspiring parents at Oliver Wyman will receive significantly enhanced support as of this month, following the firm’s decision to enhance the terms of its maternity and paternity leave policies.

The improvement of parental leave terms means that all new parents working at Oliver Wyman in the Middle East, India and Africa (IMEA) region are eligible for six months of paid maternity leave, or eight weeks of paid paternity leave.

The policy, which is part of Oliver Wyman’s continued investments in employee wellbeing, applies to the firm’s offices in the United Arab Emirates, Bahrain, Saudi Arabia, South Africa, Qatar, and India.

Oliver Wyman ups its support for working mums and dads

Commenting on the enhanced policy, Isabell Stobwasser, Director of Talent for the IMEA Region, said: “To drive progress in human capital acquisition and retention, companies must go beyond traditional compensation models and foster safe, equitable, and healthy work environments. People are at the heart of what we do at Oliver Wyman and the wellbeing of our employees and providing everyone with support along their personal journey is a key part of our value proposition.”

In addition, working mothers will be offered an additional eight paid days off in the first eight weeks after they return. Employees returning from maternity leave will also be given the option to take a 12-month ‘no-travel guarantee’ to help with a smooth transition back to work, while new fathers will be offered flexibility regarding travel arrangements.

Meanwhile, Oliver Wyman has ensured its offices feature multi-purpose wellness and nursing rooms to help new mothers with their return to the workplace.

The global consulting company has also implemented a program called ‘BOOST 2.0’, which aims to provide support to employees before, during, and after their parental leave to ease the transition to parenthood while supporting their career. A key element of the program is that the support continues into the later stages of parenting – it offers regular check-ins for parents, a buddy system for support, trainings, workshops, and more.