Blue Ridge Bank recently announced the implementation of a Paid Parental Leave Policy. This action means employees can receive 12 weeks of paid leave after maternity/paternity/or adoption.
Commenting on the new policy, Dorothy Welch, Chief Talent Officer, said, “We want our employees to be present in life's most precious moments. Our goal is to offer an inclusive work culture that facilitates attracting top talent to our growing company from diverse backgrounds. Our commitment is to be a supportive workplace for our employees, and support families' wellbeing while also supporting our team's overall productivity and performance, both of which we are incredibly passionate about.”
This initiative follows recent studies that show that new parents with paid leave were more likely to be in a healthier mental and physical shape than those that did not. Studies also show that this increased time leads to better mother-child interactions, secure attachment, empathy, and tremendous school success.
Blue Ridge Bank also invests in its employees by offering a benefits package for full-time staff, including a bank-funded ESOP plan, tuition assistance/reimbursement, and 401(k) plan with an automatic 5% contribution from the bank into each employee’s account.
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