Digital payments player PayPal has unveiled a new adoption assistance programme aimed at enhancing the parental support benefits for employees. The new policy will offer financial support of upto Rs one lakh per adoption for adoptive parents. This covers reimbursement of adoption expenses such as CARA registration, child placement, foster care and establishment of legal guardianship.
PayPal stated that it offers paid adoption leave of 16 weeks for female employees and paternity leave of two weeks. The move is a part of the company’s endeavour to ensure a work-life balance for employees keeping in mind the evolving family dynamics and work culture