PayPal announces adoption assistance programme
To enhance parental support benefits for its employees, PayPal India on Thursday announced a new Adoption Assistance Program. Under this, the company will offer financial support of up to ₹1 lakh per adoption for the parents.
This covers reimbursement of adoption expenses such as CARA registration, child placement, foster care and establishment of legal guardianship, the company said in a statement. The new program is effective from December 2019.
“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 at PayPal.”