New paid parental leave policyPeople

In FY23, we were proud to launch a significantly enhanced paid parental leave policy for our Australian employees – including a doubling of the base entitlement.

Under this new policy, eligible employees are now be entitled to 12 weeks paid parental leave – up from a previous base of six weeks (plus one week per year of service).

In addition, Qube will pay superannuation payments on both an employee’s period of Qube-paid parental leave as well as on any government-paid parental leave (where an employee is eligible), helping to address the superannuation gender pay gap.

These changes also apply retrospectively to those employees who took parental leave in the 12 months prior to the new policy being announced, or who were on unpaid parental leave and commenced that leave in the last 12 months prior to the policy being announced.

These new benefits are above the Australian average according to the most recent Workplace Gender Equality Agency analysis and are consistent with Qube’s commitment to nurturing a workplace where our wellbeing and mental health is as important as our physical safety. A workplace where all of us can achieve our full potential.

Qube’s new parental leave policy also entitles employees to take up to 30 days of unpaid (flexible) parental leave during the 24-month period following the birth of a child, or from the day of placement of an adopted child, with the option of using this time to work fewer days per week for a period, or on a more ad hoc basis.

A bonus payment is also available for employees who take parental leave for a minimum period of 12 months and return to work at least 8 days per fortnight for three continuous months. Under the policy, this would entitle the employee to a bonus of four weeks remuneration.

These are important policy changes that will differentiate Qube from many of our industry peers.