October 10, 2022

Feedzai Introduces New Mental Health and Menstruation Leave Benefit, Enabling Self-Care Days For All Employees

All employees will be allowed 1 paid-day off per month without having to request annual leave

San Mateo, Calif. & Lisbon, Portugal – October 10, 2022 –  On World Mental Health Day, Feedzai, the world’s first RiskOps platform for financial risk management, announces the implementation of its new mental health and menstruation leave benefit, allowing all employees one (1) day off, per month and without a salary impact, for self-care when experiencing physical, mental health, menstruation, or menopause related symptoms.

Under the new employee benefit, those who need it will not need to provide a medical certificate or doctor’s note, nor do they need to specify the reason they are taking the leave. Any requests for the Mental Health / Menstruation Leave employee benefit will be granted upon receipt.

“At Feedzai, we want to foster a more inclusive and safe working environment, ensuring we meet our employees’ needs and give them the conditions they need to thrive and be successful. We are implementing this new leave benefit because we recognize that some of our employees may be suffering from symptoms related to either their mental health, PMS, menstruation, or menopause that can impact their ability to work,” said Dalia Turner, VP of People at Feedzai. “We also know that mental health and menstruation can be uncomfortable to talk about or even taboo in the workplace, and it is important to raise awareness of these topics and ensure that our employees know that we will support them should it be needed. In conjunction with this benefit, we are training our managers, and providing them with the information they need to better support their teams. By implementing this benefit, we want to start the conversation, to remove the stigma and ensure our employees know that these topics are nothing to be ashamed of.”

The impact of conditions affecting mental health, menstruation,  or menopause symptoms

According to Harvard Business Review, half of Millennials and 75% of Gen Zers had left roles in the past for mental health reasons, both voluntarily and involuntarily, compared with 34% of respondents overall.

Whilst, between 15-25% of people with periods endure from moderate to severe menstrual cramps that can affect their ability to work. Additionally, in the US, 11% of people who menstruate suffer from endometriosis, while 20% have dysmenorrhea, which are menstrual disorders that can have a dire effect on everyday life and cause worse symptoms and discomfort throughout the menstrual cycle.

As such, Feedzai will be introducing training for managers to improve education and awareness, which will help them better support their teams and be aware of the diverse issues that don’t impact everyone in the same way.

The company had already introduced the four-day work week in August 2021 with the aim of promoting well-being and work life balance among the more than 600 employees  worldwide.

 

About Feedzai
Feedzai is the world’s first RiskOps platform, and the market leader in safeguarding global commerce with today’s most advanced cloud-based risk management platform, powered by machine learning and artificial intelligence. Feedzai is securing the transition to a cashless world while enabling digital trust in every transaction and payment type. The world’s largest banks, processors, and retailers trust Feedzai to protect trillions of dollars and manage risk while improving the customer experience for everyday users, without compromising privacy. Feedzai is a Series D company and has raised $282M to date.  With a valuation of +$1.5B, the company’s technology protects 900 million people in 190 countries. For more information, visit feedzai.com

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