Close Menu
    Facebook X (Twitter) Instagram
    • Our Story
    • Partner with us
    • Reach Us
    • Career
    Subscribe Newsletter
    HR KathaHR Katha
    • Exclusive
      • Exclusive Features
      • Research
      • Point Of View
      • Case In Point
      • Dialogue
      • Movement
      • Profile
      • Beyond Work
      • Rising Star
      • By Invitation
    • News
      • Global HR News
      • Compensation & Benefits
      • Diversity
      • Events
      • Gen Y
      • Hiring & Firing
      • HR & Labour Laws
      • Learning & Development
      • Merger & Acquisition
      • Performance Management & Productivity
      • Talent Management
      • Tools & Technology
      • Work-Life Balance
    • Special
      • Cover Story
      • Editorial
      • HR Forecast 2024
      • HR Forecast 2023
      • HR Forecast 2022
      • HR Forecast 2021
      • HR Forecast 2020
      • HR Forecast 2019
      • New Age Learning
      • Coaching and Training
      • Learn-Engage-Transform
    • Magazine
    • Reports
      • Whitepaper
        • HR Forecast 2024 e-mag
        • Future-proofing Manufacturing Through Digital Transformation
        • Employee Healthcare & Wellness Benefits: A Guide for Indian MSMEs
        • Build a Future Ready Organisation For The Road Ahead
        • Employee Experience Strategy
        • HRKatha 2019 Forecast
        • Decoding and Driving Employee Engagement
        • One Platform, Infinite Possibilities
      • Survey Reports
        • Happiness at Work
        • Upskilling for Jobs of the Future
        • The Labour Code 2020
    • Conferences
      • Rising Star Leadership Awards
      • HRKatha Futurecast
      • Automation.NXT
      • The Great HR Debate
    • HR Jobs
    WhatsApp LinkedIn X (Twitter) Facebook Instagram
    HR KathaHR Katha
    Home»News»Financial reward for adoptive employees
    News

    Financial reward for adoptive employees

    HRK News BureauBy HRK News BureauOctober 5, 2015Updated:September 19, 20182 Mins Read1332 Views
    Share LinkedIn Twitter Facebook
    Share
    LinkedIn Twitter Facebook

    K.Raheja Corp will financially assist its employees and provide paid leave for the adoptive parent-employee. 

    While companies across the country are busy adopting employee-friendly maternity and paternity policies, real-estate major, K. Raheja Corp, has introduced a new adoption assistance policy for its employees.

    As per this programme, the company will not only provide financial assistance to the employees, but also paid leave for the adoptive parent-employee. This policy is applicable for the adoption of maximum two children. The financial assistance would be of Rs 40,000 for a girl child and Rs 30,000 for a boy child, to help offset the expenses that the employee would incur during the adoption process.

    In addition, the company has also introduced adoption leave to provide time, following a legal adoption, for parents to bond with their adopted child and help the child feel comfortable in her/his new environment.

    Urvi Aradhya, senior vice president – HR, K Raheja Corp, says, “Paternity and maternity are necessary benefits and we offer both. However, such initiatives lead to more contented employees, and have a direct impact on commitment levels, performance and retention.”

    In fact, the company has also recently revised its maternity benefits to four months from the mandated three months.

    “With awareness and more acceptability for adoption, we are seeing an increase in the number of people opting for this noble initiative. In fact, I know of people who already have children and have still gone ahead and adopted a child,” she adds.

    The company believes that adoption merits assistance. And, it is their way of acknowledging this noble gesture and contributing to a good cause, by providing support to the employees as they go through this important transformation in their personal space.

    Once the employee has applied for the benefit, an adoption assistance committee reviews the request and assists with formalities. Currently, two of its employees are in the process of availing the benefit.

    Adoption Adoption benefits KRaheja Group
    Share. LinkedIn Twitter Facebook
    HRK News Bureau

    Leave A Reply Cancel Reply

    19 − three =

    Related Posts

    Gratuity benefits extended to unified pension scheme 

    June 19, 2025

    Welspun Living and NSDC collaborate to upskill Indian textile workforce

    June 19, 2025

    Now Karnataka to raise max working hours to 10 per day

    June 19, 2025

    Meta offering $100 million bonuses to lure OpenAI talent? 

    June 18, 2025

    QUICK HR INSIGHTS

    EDITOR'S PICKS

    How corporate prejudices are strangling innovation in the workplace

    June 19, 2025

    Psychological safety: the new superpower in winning the talent war

    June 18, 2025

    How entitlement is quietly reshaping the modern workplace

    June 18, 2025

    How Raymond stitched tradition to transformation

    June 17, 2025
    Latest Post

    Gratuity benefits extended to unified pension scheme 

    News June 19, 2025

    Here is something that could impact pension preferences among Central government employees. The Union government…

    How corporate prejudices are strangling innovation in the workplace

    Exclusive Features June 19, 2025

    In the gleaming conference rooms of corporate India, a familiar drama unfolds. The candidate speaks…

    Welspun Living and NSDC collaborate to upskill Indian textile workforce

    Diversity Equity & Inclusion June 19, 2025

    Welspun Living (WLL), the global home textiles firm and a part of the global conglomerate…

    Swiggy elevates Saurav Goyal to SVP-driver and delivery product & ops

    Movement June 19, 2025

    Swiggy, the Indian on-demand convenience platform has promoted Saurav Goyal to senior vice president-driver and…

    Asia's No.1 HR Platform

    Facebook X (Twitter) Instagram LinkedIn WhatsApp Bluesky
    • Our Story
    • Partner with us
    • Career
    • Reach Us
    • Exclusive Features
    • Cover Story
    • Editorial
    • Dive into the Future of Work: Download HRForecast 2024 Now!
    © 2025 HRKatha.com
    • Disclaimer
    • Refunds & Cancellation Policy
    • Terms of Service

    Type above and press Enter to search. Press Esc to cancel.