Richard Branson Does It Again: Founder Of Virgin Group Offers Employees Up To 12 Months Paternity Leave With Full Pay

Jean Mendoza

Sir Richard Branson, Virgin Group's founder, has made life better for employees once again by announcing that he is offering new fathers working for his company the chance to spend more time with their newborns by giving them up to 12 months of paternity leave, with their salaries paid in full.

The good news to new fathers came on Monday, when Branson and Virgin Management CEO Josh Bayliss made an announcement.

"This is ground-breaking move from Virgin Management, which demonstrates that the health and wellbeing of our people is at our core. Having a child is a life-changing experience and this policy means our employees have the opportunity to enjoy the time with their families and have a great career."

Richard Branson explained why it is important for him to offer a paternity leave policy to his employees, reported the Mirror.

"I believe if you take care of your employees they will take care of your business. As a father and now a proud granddad 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."
"The policy-that-isn't permits all salaried staff to take off whenever they want for as long as they want. There is no need to ask for prior approval and neither the employees themselves nor their managers are asked or expected to keep track of their days away from the office."

What do you think about Richard Branson's work policies? Give your comments below.

[Photo by Don Arnold/Getty Images]