Bank of Ireland introduces new domestic abuse leave policy
A huge step for the company.
Bank of Ireland has announced that they are introducing a Domestic Abuse Leave Policy set to provide a range of support to employees who are experiencing domestic abuse.
This new policy will see the bank providing both financial and non-financial support to colleagues who experience domestic abuse.
It can include paid leave and flexibility with the work environment or schedule and in emergency circumstances, they will help through paid emergency hotel accommodation or a salary advance for someone who may need to leave a partner immediately.
Bank of Ireland is partnering with Women's Aid for the new initiative and will be training staff to help recognise the symptoms of abuse and give guidance on how to take action.
Matt Elliott, Chief People Officer, Bank of Ireland said: “At Bank of Ireland, we are committed to creating a culture and work environment that is safe and supportive for all colleagues. We recognise that tackling domestic abuse requires a whole of society response and as a large employer Bank of Ireland has an important part to play.
“Domestic abuse is a pervasive issue that is not confined by gender, socio-economic background, age, ethnicity, race, sexuality, religion or disability. It can take place in all different forms of adult intimate relationships, including abuse of women by men, abuse of men by women and abuse within homosexual relationships. The Bank is committed to supporting all of our colleagues, taking into account the individuals’ unique circumstances and challenges they face.”
Women’s Aid CEO Sarah Benson added: “Women’s Aid commends Bank of Ireland for this important internal policy. We know that employers who implement policies and procedures for employees subjected to domestic abuse can contribute to reduced risk of victims/survivors giving up work, increased financial security and also feelings of solidarity and support at a time when they may feel completely isolated and alone. Our Training team looks forward to collaborating with the Bank to support the implementation of this excellent initiative.”
Domestic abuse can cause financial difficulties and through this new policy, they will match colleagues experiencing abuse with a financial adviser where needed.
This adviser will then provide advice on any issues including debt restructuring and safeguarding mechanisms for the colleague to help regain control of their finances.
Bank of Ireland has put in a number of policies over the last while to support its employees, such as fertility leave and supports, menopause supports, and a surrogacy support policy.