goldman sachs: Goldman Sachs gives leave for miscarriage – Times of India

BENGALURU: Goldman Sachs has introduced a slew of new employee benefits, including allowing an employee to take 20 days of paid leave if the individual, spouse or a surrogate has a miscarriage. The investment bank will also extend 20 days of paid family care leave for the loss of a family member, and five days of paid leave for loss of nonimmediate family members.
It has introduced a new sabbatical programme to spend time with family, travel, volunteer, or just take a break. Under this, it will provide six weeks of unpaid leave for employees with 15 years of service, and an additional two weeks for every five years of service at the firm thereafter.

“We’re focused on delivering energy optimisation, resilience, and mental health programmes that support our people in caring for themselves and their families. These new and enhanced benefits are the latest part of providing an environment where our people can continue to thrive personally and professionally,” said Bentley de Beyer, head of human capital management at Goldman Sachs.
Goldman Sachs Services in India is the investment bank’s second-largest office after New York. It has over 7,000 employees in its Bengaluru office and 350 in Hyderabad. The new benefits provide for a 4-week paid leave for care of family members due to serious illness, military deployment or foster placement.
Two years ago, the bank announced equal parental leave time of 26 weeks. An initiative was launched to assist with the expenses associated with adoption, egg retrieval, egg donation, and surrogacy.