Recently the Government has announced that it will pay 50% of the salary of the 14 weeks of extended maternity benefit to women. The Maternity benefit Act had increased the maternity leaves for women in India from the earlier 12 weeks to 26 weeks.
Yet there is panic among SMEs and startups as it would mean an extra financial burden on their already tight financial condition.
LocalCircles conducted a large survey among SMEs, startups and entrepreneurs to get a pulse on what effect this change has brought to their usual working and hiring process. The survey received more than 15,000 votes from 8,000+ Startups and SMEs located all across India.
Report-link–https://www.localcircles.com/a/press/page/startups-wary-of-hiring-female-staff#.XAoSMYszZdh
