December 8, 2016
New York - Today, a worldwide leader in financial protection strategies and wealth management, AXA Group, announced paid parental leave policies globally to support employees in all 64 countries in which it operates, including the United States.
Effective January 1, 2017, AXA’s Paid Parental Leave Policy is open to eligible AXA employees, regardless of whether they are biological or adoptive parents, same-sex couples, or single parents. Under AXA’s Paid Parental Leave Policy, the primary parent will be eligible to receive up to 16 consecutive weeks of paid leave to be used for child bonding and/or to care for a newly born or adopted child. Those with co-parenting responsibilities will be eligible to receive up to 4 consecutive weeks of paid leave. All leaves granted under this policy will be paid at 100% of the employee’s base salary.
“Our progressive parental leave policy coupled with our Total Rewards package allows AXA to recruit and retain cutting-edge talent, be a great place to work, and appeal to a workforce that values inclusion and personal responsibilities when choosing an employer,” said Marine de Boucaud, Chief HR Officer, AXA US.
To help its employees balance workplace demands with their commitments at home, AXA also offers flexible working options, nursing rooms, back-up care programs, and an infant transition program. AXA is committed to delivering excellence and innovation in all areas of the company. Employees remain at the heart of that mission and are offered a comprehensive Total Rewards package that provides them with flexibility and financial support.
“AXA” is a brand name of AXA Equitable Financial Services, LLC and its family of companies, including AXA Equitable Life Insurance Company (NY, NY), MONY Life Insurance Company of America (AZ stock company, administrative office: Jersey City, NJ), AXA Advisors, LLC, and AXA Distributors, LLC. In business since 1859, AXA Equitable Life Insurance Company is a leading financial protection company and one of the nation’s premier providers of life insurance and annuity products distributed to individuals and business owners through its retail distribution channel, AXA Advisors, LLC (member FINRA, SIPC) and to the financial services market through its wholesale distribution channel, AXA Distributors, LLC (member FINRA, SIPC).
AXA S.A. (also referred to as “AXA Group”) is a Paris-headquartered holding company for a group of international insurance and financial services companies, including AXA Equitable Financial Services, LLC companies. AXA S.A. is a worldwide leader in financial protection strategies and wealth management with 103 million clients in 64 countries as of Dec. 31, 2015. AXA S.A. has been ranked the No. 1 insurance brand in the world by Interbrand for eight consecutive years as of Oct. 5, 2016.
The obligations of AXA Equitable Life Insurance Company and MONY Life Insurance Company of America are backed solely by their claims-paying ability. Find AXA on Facebook, Twitter and LinkedIn. For more information, visit www.axa.com.