Moody’s has revised its leave policy enhancing support for all parents, regardless of how they become parents.
The company, that provides its customers with credit ratings, guarantees a minimum of 16 weeks of paid parental leave, at 100 per cent of the base salary, for eligible employees who become parents through birth, adoption, or surrogacy.
In India, while the women in the workforce who give birth to children continue to receive up to a maximum of 26 weeks of maternity leave, the company has now extended the leave period from 12 to 16 weeks for employees who become parents through adoption or surrogacy.
Paternity leave has also been significantly increased for male employees from five days to 16 weeks.
The revision is hoped to allow employees to put their families first, fostering a healthy work-life balance. This is also a step in the right direction to creating a supportive and inclusive work environment. By making the leave policy more flexible, Moody’s recognises diverse family needs and aims to help our people balance their professional and personal lives effectively. With the introduction of this new parental-leave policy, Moody’s seeks to establish itself as an employer of choice for top talent. It is Moody’s way of expressing its commitment to investing in its people. The revised and enhanced parental leave policy is part of the company’s strategy to strengthen all relationships and deliver a world-class employee experience.
