Thursday, March 16, 2017

Now Men Can Also Enjoy Paternity Leave After Government's Decision On Maternity Benefits - BUSINESS WORLD

by Himani Chandna
Originally published: March 14, 2017
Publisher: businessworld.in

Shrugging off concerns, companies on Tuesday welcomed the maternity bill with arms wide open. Companies such as Swedish furnishing giant Ikea, a leading two-wheeler manufacturer TVS and Cummins India, a part of the US $19.1 billion Cummins Inc, have generously added frills to the humble extension of maternity leave from 12 weeks to 26 weeks. Moreover, the policies will bring cheer to new fathers as well, thanks to the simmering concern over gender diversity at workplace.

Sample this: Furnishings company Ikea India has announced a new parental leave policy in which all employees, including men, will be entitled to six months of parental paid leave from this month. In addition to the 26 weeks leave, women employees will have an option of truncated work hours for another 16 weeks.

With the objective to achieve its commitment of a 50/50 gender balance, Ikea is also introducing India specific initiatives like in-store creches that allows women employees to build career even while raising a family.