Swedish automotive maker Volvo on Wednesday introduced a gender impartial coverage, ‘Household Bond’, that enables the male workers in India to avail as much as 24 weeks (120 working days) of parental go away at 80 per cent of complete wage.
Girls workers will proceed to avail 26 weeks of totally paid maternity go away as per the Maternity Profit (Modification) Act, 2017, Volvo Automobile India stated in a press release.
The coverage which is line with Volvo Automobile world directives, applies to all common salaried (on-roll, full-time) workers in India, together with all moms and dads, similar intercourse dad and mom, dad and mom to adopted and foster kids or by surrogacy, the assertion stated.
There aren’t any limitations on age or marital standing, it added.
“Volvo, being an employee-friendly firm, believes that each companions ought to share the fun of parenthood and be out there to one another whereas mentioning kids.
“It’s due to this that one of many important options of our new parental coverage is that male workers can unfold this privilege over a three-year interval,” stated Jyoti Malhotra, Managing Director, Volvo Automobile India.
The brand new coverage is a giant step in fostering an inclusive and various tradition by enabling each the dad and mom to have an equal alternative to be with their kids of their preliminary years, Malhotra stated.
With this coverage, Volvo encourages much more workers to take parental go away and make parental go away for each dad and mom the brand new ‘norm,’ the corporate stated.
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