Business Standard

Monday, December 23, 2024 | 02:30 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Pfizer announces 12-week paternity leave policy for its employees

The policy that came into effect on January 1, 2023, gives biological and adoptive fathers the option to take leaves in up to four tranches

Image via Shutterstock
Premium

Photo: Shutterstock

BS Web Team New Delhi
Pharma company Pfizer has announced a 12-week paternity leave policy for its employees, the company said in a statement on Thursday. The move has been taken as part of the company's diversity and inclusion initiatives.

According to the statement, the new leave policy is applicable from January 1, 2023. It can be availed by biological as well as adoptive fathers.  

The policy gives both biological and adoptive fathers the option to take leaves over a period of two-year in a maximum of four tranches. A single tranche of leaves may be taken for a minimum of two weeks and a

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in