Deloitte Is Giving Its Workers 16 Weeks Of Paid Leave For Caregiving, Including Elder Care

Professional services company Deloitte LLP is playing the game changer with an amazing new employee package that will now provide its employees paid leave for caregiving, including eldercare.

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Touted as "the latest in the paid leave arms race" by Fortune magazine, it is more like an effort to make sure top companies retain their brightest employees. Deloitte plans to offer as long as 16 weeks of completely paid leave. The 16 weeks of paid leave includes maternity leave, paternity leave, elder care and aid for partners or family members. A spokesman for the company, while speaking to the Wall Street Journal, said that the new policy is just the company's way of realising that care-giving shouldn't be limited to just new parents. In fact, it affects a far broader range of employee experiences.

deloitte.com

For the employees, this is a great deal, especially after people around the world have been stressing on the need for a proper work-life balance. Many people, around the world, are forced to quit their jobs to provide care for an ageing parent or partner. And while companies in the West have started realising the importance of keeping their employees happy, Indian companies are still to follow suit.

Also read: Tamil Nadu Government Employees Now Will Have 9 Months Of Maternity Leave!

Also read: Here's Why The Government Should Also Provide Paternity Leave For Fathers To Raise Their Children