Fidelity International announces ‘Family Care Leave’ policy

The policy allows employees to take time off to care for elderly or disabled family members or to deal with unexpected events

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Fidelity International announced the launch of a ‘Family Care Leave’ policy across the Company. It provides at least five days of paid leave per calendar year, to each employee for taking care of the family members. This policy is effective from March 1, 2021 and will allow staff to take time off for a variety of reasons including; caring for elderly parents, looking after a sick or disabled family member or to manage unexpected events, such as nursery closures.

On the occasion of the announcement, Upasna Nischal, head – HR India, Fidelity International, commented, “The wellbeing of our employees is of paramount importance to us and being compassionate is one of our core behaviours. Based on multiple pulse surveys conducted over the last several months, we gathered that many of our colleagues needed support to balance their work and family care responsibilities. The Family Care Leave introduced for employees is aimed at supporting them during those critical times when they need to attend to their elderly parents care for young children or look after a sick family member. We believe that this initiative will also help our colleague’s wellbeing as it would help alleviate stress that they may be facing due to competing work and family care responsibilities.

Sally Nelson, chief people officer, Fidelity International, also reiterated how important the wellbeing of the employees is for the Company. Therefore, “we continue to look for ways to ensure our employees feel supported to balance work and family responsibilities, allowing our people to be happy and effective at work. Fidelity Family Care Leave has been in the planning for a while but the challenges of the recent COVID-19 pandemic have highlighted even further the caring pressures we can all sometimes face and the importance of offering the flexibility to provide that vital care for our loved ones.”

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