From Bumble to Goldman Sachs: Companies are offering employees paid leave to prevent burnout during the pandemic

As employees suffer from burnout and their productivity falls during this pandemic, most brands are realizing that unless they give their employees some time to recharge and refresh, their output will be severely hampered. Will be Therefore, large corporations, as well as medium-sized businesses and start-ups, are surprising workers with a “wellness day-off” or actively prompting them to take casual leave.

From Hindustan Unilever, L’Oreal India, Nestle India, Mondelez India, GSK Consumer Healthcare and Godrej Group to multinational technology companies like Google and Twitter are making good use of the understanding that employees are stranded at home and during this period Can’t travel comfortably. .

Even new organizations like Flipkart, Freshworks, SpringWorks, Mobile Premier League, PayU India and KhataBook are following it. The reason for this unusual move is not only to help employees recharge emotionally and mentally, but also to guarantee that employees take a break from work.

Here are some other companies that are going above and beyond.

bumble

Bumble announced that it is making twice a year company-wide weeklong leave a permanent perk for its 700 employees. In addition, the women-led dating app noted that its employees will now have unlimited vacation days that are paid. Bumble President Tariq Shaukat said it has become increasingly clear that the way we work and the need to work has changed, and what their new plans represent.

needs and how they can best help their teams, both in their work and in life.

Bumble also announced some updates to other workplace policies and privileges. For example, it said that not all employees are required to come back to the office full time. Nevertheless, it will ensure that their employees work in the countries in which they operate. In addition, Bumble said it would give employees access to co-working spaces as some do not have accommodations to work remotely.

Bumble said it will now give employees at least six months of paid leave for childbirth, adoption or surrogacy, and at least four weeks of adjustable work, for caregivers, to go back to work. Bumble workers will be given at least 12 weeks of leave a year to care for family members.

The company announced that an employee who has been a victim of domestic violence or any other violent crime will be able to take at least 20 days of paid leave. Bumble said employees would be allowed to take at least 15 days of compassionate leave. This included taking a break after a miscarriage.

Oyo Rooms

CEO and Founder Ritesh Agarwal said in a tweet that hotel chain OYO is going to introduce a four-day workweek for its employees, apart from offering infinite paid leaves without any questions. Ritesh Agarwal, Founder and CEO, OYO Rooms said that they are

Going into a four-day workweek, but executing it a little differently, giving Wednesday a break for yopreneurs to rest.

He also said that Oyo will without question introduce flexible, endless paid leaves. OYO’s statement on adjustable paid leave meant that its employees in India can now take leave from work whenever required. “No need to log them, just tell manager, no reason needed, no one asked,” Agarwal wrote in the tweet.

OYO founder said the coronavirus pandemic continues to test employees; Physical and mental wellbeing. One thing that matters is to devote more time to your loved ones and yourself, the tweet thread said.

Allied Financial

Associate CEO Jeff Brown has been quick to provide leadership and has responded by showing concern and kindness to his employees. Ally provides immediate paid medical leave for any employee diagnosed with COVID-19. They are also offering paid carer leave for employees caring for a sick family member.

Goldman Sachs

Goldman Sachs has begun offering its employees globally an additional 10 days of leave to help care for children or older relatives affected by the coronavirus. The US bank told employees that they were allowed additional time to manage “unique personal circumstances related to the acute impact of COVID-19”.

Bentley De Baer, ​​who took over as head of human capital management at Goldman in January, sent the team a note explaining the additional leave. Addressing the memo, de Beyer said, “To encourage employees, we will now offer our people around the world 10 days of family leave to care for family members, as needed, from COVID-19.” due to illness related to or childcare obligations, including homeschooling.”

fidelity to truth

Fidelity rolled out a new benefit to employees that provides more substantial support for workers who are also caregivers. Fidelity offers the opportunity to reach more expert care coordinators and health care providers to deal with unexpected life events.

serve

Burnout remains a concern. Sarvesh Shashi, founder of Sarva said that the most important finding is that productivity has doubled from home, but soon it was also realized that the double productivity was causing massive burnout.

Team member. That’s why we announced Burn-Out Leaves, which includes one week a month, would be a four-day week. To add to this, we understood that the team missed out on fun hours at work, so we hold a Fun Friday session on one Friday every month.

Shashi said, the team together and energetic.

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