Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.

Portfolio

Loading...
Select Portfolio and Asset Combination for Display on Market Band
Select Portfolio
Select Asset Class
Show More
Download ET MARKETS APP

Get ET Markets in your own language

DOWNLOAD THE APP NOW

+91

CHOOSE LANGUAGE

ENG

  • ENG - English
  • HIN - हिन्दी
  • GUJ - ગુજરાતી
  • MAR - मराठी
  • BEN - বাংলা
  • KAN - ಕನ್ನಡ
  • ORI - ଓଡିଆ
  • TEL - తెలుగు
  • TAM - தமிழ்
Drag according to your convenience
ET NOW RADIO
ET NOW
TIMES NOW

Schneider Electric announces new global family week policy

, ET Bureau|
Updated: Sep 28, 2017, 02.11 PM IST
0Comments
The policy will be deployed gradually, with over 40 countries including US, Mexico, China and India, implementing by January 2018, and 100% global deployment by January 2019.
The policy will be deployed gradually, with over 40 countries including US, Mexico, China and India, implementing by January 2018, and 100% global deployment by January 2019.
Schneider Electric has announced a new global family leave policy all its employees worldwide by providing paid personal time.

The policy includes 12 weeks for the primary parent (both natural birth and adoption), 2 weeks for the secondary parent (both natural birth and adoption), 1 week for care for an immediate family member that either needs elder care or care for a serious health condition and a week of bereavement leave for a death of an immediate family member.

In formulating the policy, Schneider Electric has actively chosen to define “leave” and “family” in an inclusive way, recognizing that definition of family, life and work are changing every day.

A statement shared by the company states that the policy includes key life stages for welcoming a new baby, taking care of sick or elderly family members, and mourning the loss of a family member.

“Diversity and inclusion is an integral part of who we are and what differentiates us. That is how we drive innovation, engagement and high performance.” said Olivier Blum, Chief Human Resources Officer and Executive Vice President at Schneider Electric. “I feel proud to be an industry leader to establish the global family leave policy. It will reinforce our diversity and inclusion ambition of providing equal opportunities to everyone, everywhere and ensuring that all employees feel uniquely valued and safe to contribute their best.”

The policy will be deployed gradually, with over 40 countries including US, Mexico, China and India, implementing by January 2018, and 100% global deployment by January 2019. If a country’s legal requirement or current practice is more than the minimum standards, the higher standards will be followed. Eligibility within a country may vary based on local laws as well as current eligibility for the Schneider Electric benefits, according to the company statement.

Also Read

Schneider Electric appoints Meenu Singhal as Vice President industry business

CCI clears Schneider Electric-Luminous Power deal

Siemens, Schneider Electric and Eaton Corporation join ABB in race for L&T's electrical unit

Schneider Electric to invest Rs 750 cr in India

Comments
Add Your Comments

Loading
Please wait...