Working parents can bank on support from Lloyds: Financial institution committed to healthy work‐life balance

Abstract

Purpose

The purpose of this paper is to describe the support that Lloyds Banking Group is offering to employees taking maternity, paternity and adoption leave.

Design/methodology/approach

The paper provides details of an e‐learning course developed with UK executive‐coaching company Talking Talent, which is part of a broader initiative that will see Lloyds seek to support all employees – especially working parents and their managers – through innovative training, a strong focus on flexible working and a new code of responsibility that demonstrates the bank's commitment to work‐life balance.

Findings

The paper explains that the aim of this enhanced support will be to ensure that employees have a consistently good experience and that Lloyds retains employees before, during and after transitions.

Practical implications

The paper details separate research by Talking Talent that examines some of the pinch points in women's career paths and considers how these can best be overcome.

Social implications

The paper contains useful information on helping employees taking maternity, paternity and adoption leave to make the most of the experience.

Originality/value

The paper describes Lloyds Bank's overall package of support, guidance and advice for employees during key transitions.

Citation

(2013), "Working parents can bank on support from Lloyds: Financial institution committed to healthy work‐life balance", Human Resource Management International Digest, Vol. 21 No. 2, pp. 26-28. https://doi.org/10.1108/09670731311306805