The global bank is trying to push boundaries when it comes to how it approaches inclusivity.
Men who work at Natwest will be able to take a full year of paternity leave when they become dads, according to a new policy that comes into force next year.
The bank is in the midst of overhauling its image to become more inclusive and friendly for working parents.
CEO Alison Rose said Natwest, one of the so-called Big Four, wants to be part of “wider cultural change by promoting a shared approach to childcare responsibilities early on.”
Previously, new dads got the statutory two weeks of paternity leave, although they were also encouraged to participate in Shared Parental Leave (SPL). The new policy applies to people of any gender and half the year will be fully-paid.
According to the bank’s jobs page, “We’re determined to create a sustainable, inclusive culture through an increasingly intersectional approach. We’ve a wide-ranging approach to achieving this goal, with a number of initiatives in place for families, carers, colleagues returning to work and those joining us after life in the military.”
Rose, who has been head of the bank for three years, previously told the Telegraph that her husband shared the childcare of their two children. “I was very lucky that I had a lot of support,” she said in 2021, “but it was really hard.”