New fathers will be given up to a year’s paternity leave on full salary as part of a new policy unveiled at Virgin by Richard Branson. The extraordinary offer goes far beyond the new system of shared parental leave recently unveiled by the Government...The full year is being offered to parents at Virgin irrespective of gender, and includes those who adopt. But...there are a couple of catches. First, only those who have been with Virgin for at least four years will receive the paternity or maternity pay of 100 per cent of their salaries...Secondly, the offer only applies to employees of Virgin Management, the overarching investment and brand licensing arm of the global Virgin Group. That means it only actually affects around 140 people employed at offices in London and Geneva.Nonetheless, the new parental leave policy was hailed by Virgin Management CEO Josh Bayliss as “a ground-breaking move” and “something special for our staff”.