, Singapore
576 views

Citi unveils 12-week sabbatical leave programme for long-time employees

The programme is available to employees in Singapore, Hong Kong, and Japan initially.

Citi Singapore has unveiled a new leave programme for employees that consists of a 12-week sabbatical leave and up to 4 weeks of “giving back” leave.

Under the new resilience programme, eligible full-time employees who take up to 12 weeks of sabbatical leave will be paid 25% of their monthly base pay. 

Meanwhile, Citi's giving back leave is intended to encourage rgwue employees to pursue their philanthropic interests and focus on volunteerism by offering them the opportunity to contribute to charitable causes that they are passionate about.

Employees who choose to apply for the giving back leave, where they are able to volunteer their skills with a registered charitable organization, will continue to be paid 100% of their monthly base pay. 

To be eligible for these leaves, the employee would have to have worked with Citi for five years, amongst other criteria. Each employee is also only allowed to take the sabbatical leave only twice in their duration of employment with Citi. 

Employees will continue to be fully covered by the company’s medical and health insurance, and they will continue to accrue their annual leave, according to Citi. 

The programme has currently been rolled out in Singapore, Hong Kong and Japan as part of the initial launch phase. 

Follow the link s for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Financial crimes to continue to squeeze bank profits
More sophisticated crooks and stricter rules are expected to increase compliance costs.
Asia struggles with G20 payment targets
The ultimate goal is for cross-border payments to achieve “the speed of the internet.”