Global reinsurer XL Catlin today announced enhanced family-friendly leave benefits and new workplace flexibility initiative wherein employees in India can avail up to 26 weeks of fully-paid maternity, adoption and surrogacy leave.
The enhanced leave benefits vary by geography, based on local practices and laws, but in each case represent a significant benefit when compared to local practices. They are being rolled out initially in XL Catlin's largest locations, which are the US, UK, India and Switzerland.
In India, there would be up to 26 weeks of fully-paid maternity, adoption and surrogacy leave and four weeks of paternity leave.
"In addition colleagues who adopt or have a child via surrogacy will be eligible for reimbursement for some of the related expenses," a company release said, adding that employees may also take up to 25 days of leave to provide care for a sick close relative or a non-related person living in the same household.
"We believe our new and enhanced policies will further empower our people to achieve a healthy work/life balance, giving them greater flexibility in how they work and giving XL Catlin the continued benefit of their enormous contributions," XL Catlin's Chief Human Resources Officer, Eileen Whelley said.
The workplace flexibility initiative offers full-time and part-time colleagues a variety of working arrangements including flexible working locations and hours.
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