Zomato rolls out new 26-week parental leave, endowment of $1000 per child
In order to promote diversity across all levels of the organisation, Zomato has brought some changes to its parental leave policy. Zomato will be offering 26-week paid leave, or as per the government mandated policy for women.
In order to promote diversity across all levels of the organisation, Zomato has brought some changes to its parental leave policy. Zomato will be offering 26-week paid leave, or as per the government mandated policy for women across 13 countries, it has presence in. In addition to that, Zomato will be offering exactly the same benefits to men working in the company as well.
“One core issue that leads to fewer women leaders in organisations, the community, and the nation is the lack of universal paid parental leave. Currently, it is hard for women to lead a healthy family life and focus on their careers, leading to a lot of women leaving their jobs or putting their careers on the back burner. This results in a pressing lack of diversity across all levels of the organisation, and needs to be solved proactively,” Deepinder Goyal, founder of Zomato said in a blogpost.
According to Goyal, there is a lot of that imbalance at the top stems from an unequal leave policy for men and women when they welcome their children to this world. This policy also applies to non-birthing parents, and in cases of surrogacy, adoption, and same-sex partners. In addition, new parents will also be given an endowment of $1000, per child, as they welcome their new baby. These policy changes are also applicable to employees who have had a child within the last six months.
“I believe that young parents should be able to make a choice of how to care for their children. And that a myopic view of primary care-giving not only alienates one half of our workforce, but also creates circumstances that lead to fewer female leaders within organisations,” Goyal further added in the blog.
In 2017, India passed the Maternity Benefit (Amendment) Bill, 2016, which increased maternity leave available to working women from 12 weeks to 26 weeks for the first two children. However, paternity leave is only two weeks, as per the policy. Zomato, in its blog, also requested governments across the world to promote paid parental leave, as it is a rightful thing to do for organisations and individuals.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.