financetom
Business
financetom
/
Business
/
Meesho introduces 30-week gender-neutral parental leave policy
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Meesho introduces 30-week gender-neutral parental leave policy
Sep 23, 2021 7:03 AM

Social commerce platform Meesho on Thursday announced a 30-week gender-neutral parental leave policy as part of its efforts of rolling out inclusive policies for its employees. The policy has been designed with an outlook to provide fulfilling employee experiences, cognizant of the efforts in caregiving and growing a family, Meesho said in a statement.

Share Market Live

NSE

The new policies also reflect evolving societal beliefs and ensure non-discriminatory benefits irrespective of employees' gender or sexual identity, it added. Meesho has about 1,000 employees.

"The 30-week leave policy applies equally to women, men, heterogenous or same-sex couples so they can stay present for their children and also does away with the differentiation between natural childbirth, adoption, and surrogacy," the company said. The parental leave policy ensures non-discrimination irrespective of gender, sexual identity, marital status, or the circumstance of parenthood, and also covers live-in partners, the statement noted.

Also Read:

'Cab facilities, WFH option, insurance': What employees want to return to office

Meesho, which has raised funding from SoftBank, Prosus Ventures and Facebook, among others, said if the employee is a primary caregiver, they are eligible for leaves up to one year (30 weeks fully paid leave and 25 percent pay for the next three months. If the employee is a secondary caregiver, they can avail up to 30 days of leave (applicable up to one year from adoption or childbirth), it added.

We are really excited about the future - because we are looking at the Policy not as a document alone but as a powerful resource that Meeshoites can tap into for help, assistance, and empathy as they navigate their careers and lives. Most significantly, we have used this policy revamp to simplify the benefits and flexibility based on the caregiver's role, rather than gender so Meeshoites can be entirely present for their family, Meesho Chief HR Officer Ashish Kumar Singh said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Japan's Honda steps up electrification investment to $65 billion through FY2030
Japan's Honda steps up electrification investment to $65 billion through FY2030
May 16, 2024
TOKYO (Reuters) - Japan's Honda Motor ( HMC ) pledged to double its electrification and software investment to about $65 billion over the 10 years running through the 2030 business year, it said on Thursday. Honda ( HMC ) CEO Toshihiro Mibe told a press conference the automaker planned to spend a total of 10 trillion yen ($64.88 billion) on...
Magnolia Oil & Gas Insider Sold Shares Worth $306,960,000, According to a Recent SEC Filing
Magnolia Oil & Gas Insider Sold Shares Worth $306,960,000, According to a Recent SEC Filing
May 16, 2024
03:08 AM EDT, 05/16/2024 (MT Newswires) -- John B Walker, 10% Owner, Director, on May 14, 2024, sold 12,000,000 shares in Magnolia Oil & Gas ( MGY ) for $306,960,000. Following the Form 4 filing with the SEC, Walker has control over a total of 4,780,446 shares of the company, with 615,485 shares held directly and 4,164,961 controlled indirectly. SEC...
Xi lauds China-Russia ties as Putin lands in Beijing
Xi lauds China-Russia ties as Putin lands in Beijing
May 16, 2024
BEIJING/MOSCOW (Reuters) -Chinese President Xi Jinping pledged to work with counterpart Vladimir Putin to rejuvenate their countries as the pair started a day of talks in Beijing, saying China would always be a good partner of Russia, according to Chinese state media. Putin arrived earlier on Thursday for a two-day state visit that will include detailed talks on Ukraine, Asia,...
GigaCloud Technology Insider Sold Shares Worth $1,033,917, According to a Recent SEC Filing
GigaCloud Technology Insider Sold Shares Worth $1,033,917, According to a Recent SEC Filing
May 16, 2024
03:06 AM EDT, 05/16/2024 (MT Newswires) -- Lei Wu, 10% Owner, Director, Chief Executive Officer, on May 13, 2024, sold 28,376 shares in GigaCloud Technology ( GCT ) for $1,033,917. Following the Form 4 filing with the SEC, Wu has control over a total of 142,566 shares of the company, with 142,566 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1857816/000185781624000134/xslF345X03/wk-form4_1715823993.xml Price: 35.20, Change:...
Copyright 2023-2026 - www.financetom.com All Rights Reserved