Credit Suisse Extends Time-Off Benefits for Swiss Staff

Credit Suisse Extends Time-Off Benefits for Swiss Staff
A Credit Suisse sign is seen on the exterior of their Americas headquarters in the Manhattan borough of New York City on Sept. 1, 2015. Mike Segar/Reuters
Reuters
Updated:

ZURICH—Credit Suisse will extend time off for childcare and holidays and will let senior managers take sabbaticals under new rules for Swiss staff to take effect next year, Switzerland’s second-biggest bank said on Monday.

“Helping parents with childcare and encouraging staff to regularly take time off to rest are a priority for Credit Suisse,” it said in a statement, citing increasingly diverse family configurations and the need for regular breaks from work.