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Home Personal Finance Employees Leave Rule Changed: Now employees will get 20 weeks paternity leave,...

Employees Leave Rule Changed: Now employees will get 20 weeks paternity leave, this company has changed the leave rules.

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Paternity Leave For 20 Weeks: From now onwards employees are going to get the benefit of paternity leave. Its benefit will be available from September 1. Information regarding this has been given by the bank. Let us know which bank’s employees will get this leave.


Paternity Leave Update: The system of maternity leave across the country is quite old. Now British lender Standard Chartered Bank has announced on Wednesday that its employees working around the world will be given leave of up to 20 weeks in the event of becoming a father and adopting a child. Information regarding this has been given by issuing a statement from the bank.

Will get 20 weeks leave

Calling it part of its inclusive initiative, the bank in a statement said that this 20 weeks of paternity leave and adoption leave will be provided to the employees irrespective of their gender, marital status or the way the child becomes a part of the family. There will be no effect.

Female employees will get 26 weeks maternity leave

The bank said that its female employees in India will continue to get 26 weeks of maternity leave as before.

There are 83,000 employees worldwide

Standard Chartered has approximately 83,000 employees worldwide. Of these, about 30,000 employees are working in India, out of which 20,000 are male employees.

Benefit will be available from 1st September

The bank said that the employees will start getting the benefit of increase in father and adoption leave from September 1. If this decision is implemented, employees will get up to 20 weeks of paid leave in case of becoming a father or adopting a child.

The head of the bank gave information

Tanuj Kapilashrami, group head (human resources), Standard Chartered Bank, said the move will have a positive impact on the family-economic condition of employees and create a more inclusive workplace.

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