After rolling out its new maternity benefit program which entitles all new mothers to get 6 months of paid maternity leave; along with 4 months of flexible working hours with full pay, and a year long career break without pay, Flipkart is taking another step in setting a benchmark for Indian companies. The multi-billion dollar e-commerce giant has now unveiled a new adoption policy for its employees with the objective of providing adopting parents reasonable time to establish a bond with their child. Titled as the ‘Adoption Assistance Program’, the new policies are expected to add a lot of value and encourage work-life balance.
According to the Central Adoption Resource Authority, for the first time in three years, adoption of children has seen a slight increase with 1,368 children finding new homes in the quarter between January-March 2015. An increasing number of young working couples are coming forward to adopt children, and a majority of them are young working professionals. This interest and demand can be attributed to a broader outlook amongst these couples about providing an orphaned child a new life and a good home. To encourage this change in attitude as well as a fading stigma about adopting a baby in the society, Flipkart has introduced this new program that includes:
1. Adoption allowance: Employees are eligible for paid adoption leave and INR 50,000 adoption allowance to use towards legal, agency and regulatory costs or any other costs that may arise during the adoption process.
2. Adoption Leave
3. Additional time off
4. Childcare support: Provide tie-ups with day-care centres which is co-shared between employee and employer (50:50) for children up to 6 years of age
5. Support: From wellness coach on parenting, childcare, emotional health, work-life balance, family health etc.