Vedanta India Introduces New Parental Leave Policy

October 6, 20168:12 am1178 views

Vedanta Limited, India’s leading diversified natural resources company has announced an enhanced parental leave policy for its employees. Building upon its employee friendly policies, the company’s maternity leave has been enhanced to 26 weeks.

The company has also introduced an adoption leave for 12 weeks and a paternity leave for 1 week. The new parental leave policy is welcomed by its employees as the best-in-class in the industry.

“Vedanta’s new and enhanced parental leave policy secures an inclusive and productive work environment for our employees, who are our most valuable asset. We take pride in having a diverse workforce and our evolved people practices make us one of the most desired companies to work for,” says Suresh Bose, Head – Group HR, Vedanta.

Vedanta considers gender parity and inclusive opportunities as among its top organizational priorities. The company has several innovative employee programmes designed for skill development, personal development, healthcare and ensuring work-life balance. Vedanta Limited’s ‘Leaders Connect’ initiative has contributed tremendously to the development of bright future leadership in the company.

The company also supports the skill development initiatives across India, under the Prime Minister’s ‘Skill India’ programme. As recently, Vedanta’s Lanjigarh operations launched the Yuva Pragati Kendra (YPK), based on a very unique model encompassing counselling, coaching and training the rural youth for government and non-government jobs, competitive exams and interviews.

The objective of the YPK is to ensure 100% employability to the rural youth through skill enhancement. The outreach of the YPK programme has extended to the peripheral villages in the gram panchayats of Chhattarpur, Champadeipur, Lanjigarh & Trilochanpur and over 1,000 young individuals have been enrolled till date with the YPK.

The process to gain access is well-laid out and simple, interested candidates are encouraged to fill forms and attend coaching provided free of cost to enable them to face competition and interviews. The computer literate graduate youngsters are encouraged to join the Rural BPO training centre at YPK with placement opportunity after six months of training.

See: Parental Leave Policy: Best Practice Guide for HR Professionals in Asia

The Vedanta—Sesa Technical School (STS) in Goa has till date trained 1,245 students by imparting technical knowledge and providing vocational training, thereby enhancing their opportunities for securing jobs or being self-employed.

Vedanta assists empowering women in local communities by supporting Self Help Groups. Vedanta’s over 2,800 self-help groups (SHGs) reached 38,000 women, offering training in tailoring, stitching, local crafts, animal husbandry and organic farming, with an aim to open doors to income generation opportunities.

Vedanta conducts high impact skilling programmes as a part of its Corporate Social Responsibility. These programmes and initiatives not only help in proactively engaging with the communities, but also help in boosting incomes, thereby improving the economy. At a time when the India’s economy is on an upward trend, it is critical to optimize the demographic dividend for a sustainable, broad-based economic growth.

The youth comprises of over 50% of India’s total population. While the Government has launched innovative outreach schemes like the National Skill Development Mission and National Policy for Skill Development & Entrepreneurship, Vedanta facilitates programmes with an aim for the future generation to find employment in skilled sectors.

Also read: Impact of Facebook’s Paid Paternity Leave Benefit on Asia

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