NEW DELHI: PayPal has announced enhanced caregiving paid leave policies for its employees in India, including more than doubling its current maternity leave from 12 to 26 weeks and doubling its paternity leave from 5 to 10 days.
The extended caregiving leave policies are effective from January 1, 2017.
The company has also introduced paid adoption leave of 16 weeks for its female employees, while the paternity policy has been adjusted to include adoption leave within its mandate. The move is part of PayPal’s continuing efforts to ensure a balanced approach to work and life among its employees in the country.
“At PayPal, we believe that fostering an open, diverse and innovation-driven culture is essential for our employees to be at their creative best. As part of this effort, our extended caregiving policies not only enable women to come back to work after having children, but also offer a supportive, family-friendly environment for both parents. We are aware that enabling an inclusive workplace also includes helping fathers spend more time with their newborn children and our enhanced paternity leave, along with the newly introduced adoption leave policy, reflects our understanding of the evolving family dynamics among our employees,” said Jayanthi Vaidyanathan, Director, Human Resources, PayPal. “