Companies are increasingly realizing that in this fast-paced world, for their time-famined executives one of the best forms of engagement is to give them some quality time-off, so that they can address their personal concerns and priorities.
"While most organizations offer maternity leave, ICICI Bank has gone a step further. It has introduced 'fertility leave', in addition to 'childcare' and 'adoption' leave. The bank allows 180 days of leave to employees seeking to undergo fertility treatment. Besides this, 36 days of paid childcare leave is available every year to women and single fathers working at the bank. The new leave policy is part of the bank's 'Saath Aapka' programme...
Compassionate leave is another format that has been introduced by many organizations. AtKPMG, employees can avail of seven days of compassionate leave in a year in the event of the death of a close relative...
In other firms like Apollo Hospitals, compassionate leave also covers marriage or studies. Apollo Hospitals decided to offer compassionate leave (7-10 days in a year) over and above the regular leaves available to employees as a gesture of appreciation...
Thomas Cook has a 'special leave' to provide assistance in times of accident, surgery, medical emergencies and hospitalization.
Accenture also implemented a similar provision this year which allows the primary caretaker, regardless of gender, eight weeks of fully paid leave on adopting a child." (Source: Companies say 'we care' with fertility leave, Namrata Singh, TNN)
Special leaves seem to be the new engagement mantra and rightly-so.
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