Cyient Introduces New Gender-Neutral Parental Leave Policy Globally

Cyient, a global engineering, manufacturing, and technology solutions company, today announced a 12-week gender-neutral parental leave policy across its offices globally. Cyient employees, including birth and adoptive parents of any gender, can take up to 12 weeks of paid time off at full pay following the birth or adoption of their child.

Commenting on the announcement, PNSV Narasimham, President and Chief Human Resources Officer, Cyient, said, "We are always striving toward making Cyient a great place to work. In line with our Values FIRST philosophy, we keep innovating our practices and policies to foster an inclusive culture and empower our associates with a better worklife balance. This policy will help new parents spend quality time with their families."

Cyient's new parental leave policy will make a significant difference in countries where mandated parental leave policies are not sufficient for new parents or they do not apply to primary and secondary caregivers.

Krishna Bodanapu, Managing Director and CEO, Cyient, said, "Building an inclusive culture needs inclusive policies and practices. As a parent and a member of the global tech industry, I vouch for policies that challenge gender stereotypes and celebrate diversity. I am confident our gender-neutral policy will empower all new parents globally at Cyient and provide a better opportunity to share childcare responsibilities."

This policy applies to all Cyient employees globally, effective immediately.

Shares of Cyient Limited was last trading in BSE at Rs.852.5 as compared to the previous close of Rs. 855.55. The total number of shares traded during the day was 11194 in over 1042 trades.

The stock hit an intraday high of Rs. 863.2 and intraday low of 849. The net turnover during the day was Rs. 9564689.

Source : Equity Bulls

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