AIB has introduced additional supports for its staff, which are aimed at positively impacting their work life balance and supporting them as they care for their families and face life events.
AIB said it will introduce up to 12 weeks neonatal leave for all parents of newborns that have to spend time in hospital. Employees can take this leave in weekly blocks, for each week their baby receives neonatal care.
It will also offer up to ten days foster leave to all employees undertaking the foster care journey.
The bank has also made significant improvements to its compassionate leave policy, offering up to 10 days paid leave for when an immediate family member passes away, up to 20 days for a child of any age and up to three days paid leave for any other loved one.
AIB has also implemented a change to its maternity leave policy which allows its staff to postpone all or part of their maternity leave if they require treatment for a serious medical reason.
AIB already offers a number of comprehensive family leave supports. Since its introduction in November 2019, AIB has fully topped up paid parent's leave with the latest ceiling of nine weeks announced in August 2024. Since its introduction, 1,870 colleagues have availed of this.
It also offers 10 days fertility leave, with 129 colleagues having utilised this since it was introduced in October 2022, while surrogacy leave which fully matches its maternity leave policy was also introduced in October 2022.
David McCormack, AIB's Chief People Officer, said the wellbeing of its staff is of critical importance to the bank.
"After engaging with our colleagues, the Financial Services Union and Foster Care Ireland, we are delighted to introduce foster leave to support our people on their fostering journey," he said.
"Allied to this, we are improving our family leave, compassionate leave, neonatal leave and maternity leave policies to provide our people with the widest range of supports, giving them a helping hand when they need it most," he added.
