This financial support will cover reimbursement of adoption expenses such as CARA registration, child placement, foster care and establishment of legal guardianship.
PayPal India has announced a new Adoption Assistance Program where it will be offering financial support of up to Rs 1 lakh per adoption for adoptive parents. This financial support will cover reimbursement of adoption expenses such as CARA registration, child placement, foster care and establishment of legal guardianship.
Paypal said in a statement that the announcement is a part of the company’s continual effort to enhance the parental support benefits for employees.
PayPal offers paid adoption leave of 16 weeks for female employees and paternity leave of 2 weeks. “This leave must be used in one block and cannot be carried forward or accumulated. Any unused adoption leave will lapse,” it said.
'' At PayPal, fostering an open, diverse and innovation-driven culture is essential for our employees to be at their creative best. As part of this effort, we have enhanced our parental support benefits for adoptive parents so they have constant support throughout the process and can truly embrace their journey of parenthood,” said Jayanthi Vaidyanathan, ?Senior Director, Human Resources, PayPal.”