PayPal rolls out benefit for ageing parents, parents-in-law of employees
PayPal India has launched new benefit plan, [email protected] for ageing parents, parents-in-law of employees.
The initiative is part of the company’s effort to provide its employees with a supportive environment that enables them to bring their best to work every day.
The program is PayPal’s endeavor to offer an elderly care infrastructure for employees’ ageing parents. These parents may or may not be living with their children, may not have access to proper health and wellbeing services or face financial constraints in meeting such needs. Keeping all this in mind, the program is designed to touch upon different elements of parental health, right from physical to emotional and financial health.
The program is available not only in Tier I cities of the country but also covers most of Tier II and III cities as well.
The benefits include a comprehensive health check, doctor consultation, counselling 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 up to the age of 85 years.
Commenting on the initiative, Jayanthi Vaidyanathan, Senior Director, Human Resources, and Head of HR PayPal India 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 child and partner care. The program offers special initiatives and services for their ageing parents and parents-in-law who to help make their lives easier.
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