Star Entertainment increases parental leave allowances

Australian casino operator Star Entertainment Group has announced it will be increasing its parental leave allowance for new parents, which the company will improve flexibility within its workforce and ensuring a family-friendly, inclusive and diverse workforce. 

The new parental leave policy will see paid parental leave increased to 16 weeks, up from 10 weeks for principal carers, whilst secondary carers will receive four weeks of company-paid maternal leave.

Team members will also receive superannuation on all paid parental leave, and principal carers will receive an additional 2 weeks of superannuation.

The Star said this leave would be available for up to two years after the birth or adoption of a child.

The company is also removing waiting periods for continuous employment eligibility for all permanent team members and reducing the requirements for continuous service and active employment eligibility for casual team members.

“Our parental leave policy reflects the needs of our workforce and ensures that team members have the opportunity to grow both personally and professionally throughout their time with The Star,” said Star Entertainment Group’s CEO and Managing Director, Matt Bekier.

Related Articles

austrac

AML watchdog investigates Crown Perth, SkyCity Adelaide, The Star

Australia’s financial crime regulator AUSTRAC has launched formal investigations into a number of high-profile ASX-listed companies in Australia, three of which are casinos.
The Star Entertainment

Does the Crown/Star merger pass the Drucker test?

Peter Drucker was arguably the most influential management scientist who ever lived. In 1981-82, Drucker articulated his Six Rules of Mergers and Acquisitions. We shall look at each of these six rules and evaluate the proposed Crown-Star merger according to these rules.
Don Carducci

Interview with Don Carducci: Bidders for Crown, will we see a winner?[video]

Asia Gaming Brief Asia Editor Felix Ng sits down with JP Morgan Equity Research Analyst Don Carducci about some of the recent bids for Crown Resorts’ shares, as well as a surprise merger proposal from rival casino operator The Star Entertainment Group. 
Crown resorts

Crown / Star monopoly a small price to pay

A combined entity consisting of The Star Entertainment Group and Crown Resorts would create a behemoth gaming enterprise not just in Australia, but in the wider Asia gaming market, though market observers have flagged a number of regulatory hurdles that could hinder it from ever becoming a reality. 

Star/Crown to cease junket ops. and go cashless

Australian operators, Star Entertainment and Crown Resorts have both agreed with regulators in New South Wales to cease all international junket operations and to go cashless in their casinos.

The Star enters race for Crown, proposes $12 billion merger

Australian casino operator The Star Entertainment has officially entered the race for Crown Resorts, proposing a $12 billion mega-casino merger. The company believes a merger with Crown represents a compelling value proposition for all shareholders by delivering between $150 million to $200 million if cost synergies per annum.
Crown-Sydney-Property

Blackstone ups bid for Crown

Private equity firm Blackstone has revised its proposal to buy out all of the shares in Crown, with a $12.35 cash per share bid, representing a $0.50 increase from its initial offer made in March this year. 
star sydney

Star Entertainment’s first five months showcases domestic resilience

Australian casino operator Star Entertainment said its gross gambling revenue was up 37 percent year-on-year in the five months from January to May, highlighting the resilience of Australia’s domestic market.

Star not expected to enter Crown bidding war

Star Entertainment has reportedly decided to stay clear of any effort to join a bidding war to gain control of troubled Crown Resorts.
Crown-Sydney

Australia tourism stocks bounce on stimulus package

Shares in tourism-related stocks in Australia bounced on Thursday after the government announced a A$1.2 billion ($928 million) stimulus package that includes 800,000 subsidized half-price airfares.