Accenture has planned a Mother’s Day gift for all its female employees. Know what
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The information technology services and consulting Not only this,
In an exclusive interview to Economic Times, Managing Director, Human Resources for
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Moreover, if employees want additional time beyond the maternity leave but do not have enough accrued vacation leave can apply for unpaid leave of absence for a further 12 weeks, taking the total permissible leave period to nine months.
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The company also offers a slew of programmes like career guidance for new parents, parents at work programme to assist women employees during maternity to remain in the workforce, etc.
"The many programmes we offer will enable women in our company to make a smoother transition back to the workforce after having a child. These initiatives will go a long way in helping us continue to recruiting and retaining the best talent," Pande told ET.
Maternity is a key period where a sizeable amount of women, majority in the age group of 28 and 35 years, choose to stop working, which leads to draining pipeline of high potential women professionals at
Presently, only few organisations, mostly in the global banking and
Also as mandated, in most companies, women employees are entitled to take an additional one month of paid extended maternity leave in case of any complications. Almost 48% women under the age group of 30 drop out of the workplace citing, says Saundarya Rajesh, founder and
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She adds among the highest percentage of women who seek re-entry at the mid-career level are those who have already worked in IT industry, which hires among the largest numbers of women in the Indian workplace, probably second only to the BFSI sector.
But IT-ITeSBPO also loses approximately 18% women each year to short or medium-term breaks in career.
The cost of replacing these women, who quit workplace primarily citing "personal reasons" seek to return to the workforce about 18-20 months after their break.
Due to this, the cost of replacing these women as well as retraining them is higher compared to what can be achieved if they were retained.
"Companies would save thousands of rupees if they are able to create a support structure to retain these women. A robust maternity benefit policy can play a crucial role not only for diversity and inclusion but for organisations to be sustainable," Saundarya told ET.
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