Sandvik is rolling out a new gender-neutral parental leave program that enables employees around the world to take 14 weeks of paid leave.

Sandvik’s new parental leave program provides 90% of the base salary to all employees in countries where no equivalent or better benefit already exists.

While most Sandvik employees work in countries where predominantly women benefit from parental leave, this new Sandvik program will benefit all new parents, regardless of gender, location or family structure.

Stefan Widing, president and CEO at Sandvik, who is based at the company’s headquarters in Stockholm, said: “One of our strategic objectives is to be the employer of choice. We believe that it is crucial for us to be successful as a company; to be able to attract, retain and develop our employees. And we believe that work-life balance is very important for that.

“With this benefit we think we can improve the work-life balance for new families and people whose families are growing.”

Paid parental...