The policy will support Schneider Electric employees worldwide by providing paid personal time, enabling them to better manage their life and work.
Under the policy, there will be 12 weeks of paid leave for the primary parent -- both natural birth and adoption. There is also a provision of 2 weeks of paid leave for the secondary parent, a company release said.
The policy also entails one week of care for an immediate family member that either needs elder care or care for a serious health condition and one week of bereavement leave for death of an immediate family member.
The policy will be deployed gradually, with more than 40 countries, including the US, Mexico, China and India, implementing by January 2018, and 100 per cent global deployment by January 2019.
"If a country's legal requirement or current practice is more than the minimum standards, the higher standards will be followed," the company release said.
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