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YES Bank offers sops for adoption

image009YES Bank is offering several benefits to its employees who adopt babies as part of its effort to align organizational objectives with the needs of its employees. The new benefits have come into effect from 1 August. The bank wants to ensure that its employees are allowed to spend time building an emotional connect with new additions to the family. The bank has also realized that many are choosing to adopt children. The policy, called ‘Bringing A Beautiful Yes’ and rolled out under the ‘Yes We Care’ initiative, allows employees who adopt children to avail special leave. Women employees can take two months of paid leave for adopting a child of 6 years of age or below, and one month of paid leave for adopting a child over the age of six years (up to 14 years). The bank has also enhanced its existing paternity leave to 7 days, which will be applicable in cases of adoption as well. Mothers resuming work post adoption will receive a gift voucher of Rs 10,000 for the child. Female employees coming back to work after maternity leave receive gift vouchers of Rs 5000 for their children.

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