PayPal India has announced the launch of its new employee benefit plan, ElderCare@PayPal.
According to the company statement, ElderCare is an in-house curated programme that facilitates holistic wellness for employees ’ parents and parents-in-law.
These parents may or may not be living with their children, may not have access to proper health and well-being services or face financial constraints in meeting such needs. Keeping all this in mind, the programme is designed to touch upon different elements of parental health, right from physical to emotional and financial health.
Jayanthi Vaidyanathan, Senior Director, and Head HR at PayPal said, “At PayPal, inclusion as our core value is not only about including employees in every aspect of their work-life but about practicing inclusion of their families as well. This translates to supporting their families – spouse, parent, children, especially across different stages of their life. Our new ElderCare initiative is another step towards this, over and above our suite of programs around the child and partner care.”
According to Economic times, PayPal conducted discovery sessions with its employees and their parents to understand the issues that affect their well-being. This translates to supporting their families – spouse, parent, children, especially across different stages of their life.
The benefits include a comprehensive health check, doctor consultation, counseling assistance on emotional, financial and legal topics delivered in vernacular capabilities, home healthcare support like doctor or nurse visits, yoga sessions and extending medical insurance cover for parents-in-law. PayPal conducted discovery sessions with its employees and their parents to understand the issues that affect their well-being. This exercise helped develop the program in close partnership with end-users, to ensure that their needs are addressed.
PayPal Holdings, Inc. is an American company operating a worldwide online payments system that supports online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders
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