Paytm temporarily adjusts employee leaves for smoother operations

Digital payments major Paytm on Saturday said it has requested all its employees to contribute some of their leaves to ensure that its operations run smoothly as the government eases restrictions through parts of the country under lockdown 4.0.
Under the new rules, employees will be able to contribute their Privilege Leave (PL) accumulated up to 35 days and all currently accumulated Casual Leave (CL).
Paytm said this move will not only have a positive impact on the balance-sheet but will also help the company ensure that it continues with its growth drive.
“Ensuring that our employees are safeguarded from the current global crisis is of utmost importance to us,” Rohit Thakur, Chief Human Resources Officer, Paytm said in a statement.
“We believe that this is the right step to effectively accommodate the short term impact and the long term interests of our company and all employees,” Thakur said.