Page 37 - GLG Benefits Guide
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Leave Beneits
Paid Time Off and Flexibility at GLG
Working as a GLG employee means always expanding our personal and professional expertise, learning and
curiosity, and taking a fresh perspective on everything that we do in our lives. To wholly support GLG’s mission,
we encourage employees to take time away from the ofice. We also believe in taking personal responsibility for
managing your own time, workload and performance, and as such, employees of GLG are afforded the lexibility
to take time off to accommodate vacation, illness, family bereavement, and life events. We do not have pre-set
limits based on seniority or title. However, use of time off must be reasonable and it is common for each manager
to set forth parameters based on the size of the team to ensure that time off is balanced across the team.
As a general rule, time off under this policy must be scheduled and approved in advance. Requests for time off
are subject to management approval, based on business needs, stafing levels, and other factors. Please see the
Employee Manual for additional information and guidelines.
Holidays
GLG is open on every day that the New York Stock Exchange is open. The schedule is available at: nyse.com
Parental Leave
GLG will provide up to eight (8) weeks (depending on the employee’s years of service with GLG) of paid leave
to a parent who has a child through birth, adoption, or surrogacy. This time must be taken within one (1) year
of the birth, adoption, or surrogacy and does not have to be taken concurrently. Documentation will be required
for proof of birth, adoption, or surrogacy. The time taken will run concurrently with any FMLA leave to which the
employee may be entitled. Birth mothers are also entitled to STD leave in addition to Parental Leave.
The schedule for salary continuation is as follows:
Years of Continuous Service 2020 Salary Continuation
Less than 3 months Up to 4 weeks unpaid leave
3 months–1 year 66-2/3% pay for up to 4 weeks up to $2,500 maximum weekly beneit
1–3 years 100% pay for up to 6 weeks up to $2,500 maximum weekly beneit
3+ years 100% pay for up to 8 weeks
For more information or to request a parental leave, please contact the GLG People Team.
37
Paid Time Off and Flexibility at GLG
Working as a GLG employee means always expanding our personal and professional expertise, learning and
curiosity, and taking a fresh perspective on everything that we do in our lives. To wholly support GLG’s mission,
we encourage employees to take time away from the ofice. We also believe in taking personal responsibility for
managing your own time, workload and performance, and as such, employees of GLG are afforded the lexibility
to take time off to accommodate vacation, illness, family bereavement, and life events. We do not have pre-set
limits based on seniority or title. However, use of time off must be reasonable and it is common for each manager
to set forth parameters based on the size of the team to ensure that time off is balanced across the team.
As a general rule, time off under this policy must be scheduled and approved in advance. Requests for time off
are subject to management approval, based on business needs, stafing levels, and other factors. Please see the
Employee Manual for additional information and guidelines.
Holidays
GLG is open on every day that the New York Stock Exchange is open. The schedule is available at: nyse.com
Parental Leave
GLG will provide up to eight (8) weeks (depending on the employee’s years of service with GLG) of paid leave
to a parent who has a child through birth, adoption, or surrogacy. This time must be taken within one (1) year
of the birth, adoption, or surrogacy and does not have to be taken concurrently. Documentation will be required
for proof of birth, adoption, or surrogacy. The time taken will run concurrently with any FMLA leave to which the
employee may be entitled. Birth mothers are also entitled to STD leave in addition to Parental Leave.
The schedule for salary continuation is as follows:
Years of Continuous Service 2020 Salary Continuation
Less than 3 months Up to 4 weeks unpaid leave
3 months–1 year 66-2/3% pay for up to 4 weeks up to $2,500 maximum weekly beneit
1–3 years 100% pay for up to 6 weeks up to $2,500 maximum weekly beneit
3+ years 100% pay for up to 8 weeks
For more information or to request a parental leave, please contact the GLG People Team.
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