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New KPMG boss lifts paid parental leave to 26 weeks
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Consulting giant KPMG will offer staff 26 weeks flexible parental leave for both parents, new chief executive Andrew Yates has announced on his first day in the job.
In what the company says is a new benchmark for Australia’s largest employers, the announcement comes without waiting periods, tenure guidelines or distinctions between primary and secondary carers.
KPMG Australia’s new boss Andrew Yates started in the job on Thursday.
Mr Yates told staff the new leave entitlement could be taken flexibly to suit each parent within the first 24 months of the child’s birth – applying to all parents regardless of gender, and covering adoption, surrogacy and foster care. Compassionate leave for parents facing pregnancy loss and miscarriage has also been extended.