Connect with us

Hi, what are you looking for?

Editor’s Pick

Saga to introduce paid leave for birth of a grandchild

The birth of a grandchild may be considered a priceless gift in itself, but for some grandparents it now comes with a new perk – an extra week off work.

Saga, the travel and insurance company for the over-50s, is to give employees a week of paid leave to celebrate the birth of a grandchild.

The company, which employs 2,500 staff, said it was introducing the policy in recognition that grandparents play an increasingly essential role in childcare while also building a work culture that appeals to the over-50s.

“This is about helping new grandparents celebrate a special moment and play a role in growing families from day one,” said Jane Storm, the chief people officer at Saga. “It is also a symbol of how important older workers are to their companies and society.

“Our customers are mostly over 50 and we want to have more colleagues here that reflect the community we serve. We also think this idea should be a key attraction for retention and recruitment.”

As part of the policy the grandchildren of all Saga staff will have access to its onsite nursery at its headquarters in Folkestone, Kent.

About 40% of grandparents aged over 50 provide regular childcare for their grandchildren, according to Age UK, and 71% of those between 50 and 64 are in work. The over-50s are also the fastest growing age demographic, with 28 million people expected to be in that bracket by 2030.

“Embracing family-friendly working practices makes business sense,” said Justine Roberts, the founder of the online community Gransnet. “Employers who recognise the fact that their employees have relationships and responsibilities outside of work will reap the rewards of increased loyalty and staff wellbeing.”

Saga is the latest company to introduce more flexible working policies for staff. In October, the online fashion store Asos introduced a range of policies to support employees who were “going through health-related life events”. These include taking leave at short notice, and paid leave for staff dealing with pregnancy loss, undergoing fertility treatment or experiencing the menopause.

In 2019, Channel 4 launched its own menopause policy in an effort to normalise the “taboo” subject and in May this year the online bank Monzo said it would provide paid leave for employees affected by the loss of a pregnancy.

Extending perks is also increasingly being viewed as a way to retain and attract staff in the face of the post-pandemic labour shortage and the empowerment of workers in a new culture where flexible working is now the norm.

Catchy policies include “pawternity” – essentially paid time off for looking after a new pet. Companies ranging from Mars, the parent company of petfood brands Whiskas and Pedigree, to the brewer BrewDog are offering “puppy parental leave”. According to the insurer Petplan, one in 20 new pet owners in the UK have been offered time off work to look after them.

Read more:
Saga to introduce paid leave for birth of a grandchild

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!



REUTERS WASHINGTON — Chinese leader Xi Jinping is unwilling to accept Western vaccines despite the challenges China is facing with COVID-19, and while recent...


RUSSIAN PRESIDENT VLADIMIR PUTIN — KREMLIN.RU-COMMONS.WIKIMEDIA.ORG KYIV — Russian President Vladimir Putin is not sincere about peace talks with Ukraine while he is taking...


THE VATICAN Christmas tree is seen lit during a ceremony in St. Peter’s Square at the Vatican, Dec. 11, 2020. — REUTERS ROME —...


The Hauptbahnhof, Berlin’s main train station is pictured in Berlin, Germany, Jan. 21, 2016. — REUTERS BERLIN — For 25 years, Theo Jost served...


LONDON — Britain’s National Crime Agency (NCA) said on Saturday it had arrested a “wealthy Russian businessman” on suspicion of money laundering and other...


MARKUS SPISKE-UNSPLASH I am pleased to share with readers the political section of our latest quarterly outlook report for Globalsource Partners (, a subscriber-based...

You May Also Like


BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...


REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...


KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...


COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

Disclaimer: Respect, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.