Richard Branson Announces A Year Of Paid Paternity Leave To Virgin Employees

There are perks. And there is this.

Sir Richard Brandson, owner of the international Virgin group just announced a new policy that will make future fathers in the company very happy. According to the new policy both women and men will be allowed to take upto a year of paid leave after the birth or adoption of a new child.

All the employees who have been with the company for over 4 years will receive their whole annual salary, while those who have worked for less than 2 years will receive 25% of their salary while on the leave.

“If you take care of your employees they will take care of your business,” Branson said.

“As a father and now a grandad to three wonderful grandchildren, I know how magical the first year of a child’s life is but also how much hard work it takes.”

“I’m delighted that we can offer this support to our staff so that they can enjoy parental leave to the full as we continue to our work in changing business for good.”- Branson added.

Virgin group is one of the most employee-friendly companies with perks like maternity leave, insurance, free food, bike-to-work days etc. In fact Branson also had announced an “unlimited vacation” policy last year. 


This new move could potentially encourage other companies to also liberalise some of its policies and perks.

“Daddy is here for a year!”