From bereavement leave to retirement support, India Inc bets on empathy-driven benefits to retain talent

< />Bengaluru: India Inc is redesigning <a id=” captionrendered=”1″ data-src=”https://etimg.etb2bimg.com/photo/128058755.cms” height=”442″ href=”http://hr.economictimes.indiatimes.com/tag/employee+benefits” keywordseo=”employee-benefits” loading=”eager” source=”keywords” src=”https://hr.economictimes.indiatimes.com/https://hr.economictimes.indiatimes.com/images/default.jpg” type=”General” weightage=”100″ width=”590″></img>employee benefits to support them through major life transitions, recognising empathy as a key driver of staff retention, especially among the younger generation. </p>
<p>The likes of Optum India, Deutsche Bank, <a botkeyword=Titan Company, Acko, and Motilal Oswal Financial Services are offering benefits such as flexible work policies, expanded bereavement leave, and menstrual leave, mental wellness support, and supporting transition into retirement. This underscores a growing appreciation among several companies that employees need to manage family responsibilities alongside their work, and that such policies can support better retention and sustained productivity, executives told ET.

This January, healthcare firm Optum India, the global capability centre of UnitedHealth Group, rolled out a part-time work arrangement policy for employees navigating caregiving, health needs, or parenting transitions, intended as a temporary alternative to extended leave.

 /> <br><br>The policy allows eligible staff to temporarily work four hours per day for a defined period with 30 days of prior notice to managers, offering flexibility within a structured framework for a minimum of three months. <br><br><!– PROMOSLOT_M –>Amit Vaish, head of human resources at Optum India, talks of structured flexibility.<br><br>“Many employees need structured flexibility during high-demand phases, not a binary choice between full-time work and stepping away,” said Vaish. “The policy creates a clear, time-bound, reduced-hours option that preserves career continuity while giving employees the time away from work that they need.”<br><br><!– PROMOSLOT_M –><div id=’whats_happening_inpage_128058730′ data-page=’newsDetail’ data-loader=’whats_happening_skeleton’ data-params='{” captionrendered=”1″ data-chk-storage=”1″ data-mod-name=”RevWhatsHappening” data-page_label=”newsDetail” data-src=”https://etimg.etb2bimg.com/photo/128045179.cms” data-storage-key=”whats_happening:news_detail” data-target=”whats_happening_inpage_128058730″ height=”442″ hide_module_heading=”” loading=”eager” src=”https://hr.economictimes.indiatimes.com/https://hr.economictimes.indiatimes.com/images/default.jpg” width=”590″></img></p>
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<p>Bereavement, too, is recognised as a tough time. Deutsche Bank has expanded its paid <a href=bereavement leave from three to five days, following employee feedback. “This enhancement ensures employees have the time and space needed during a deeply personal period, reinforcing our commitment to empathy and well-being,” said Madhavi Lall, head-HR, Deutsche Bank Group India.

Titan is preparing a structured ‘Second Innings’ programme to support retiring employees and their partners through addressing the emotional dimensions of retirement, and reimagining identity and purpose beyond work.

“The intent is to go beyond financial preparedness – though that is a part of it – by creating safe spaces to discuss fears, encouraging employees to articulate aspirations for this next phase, alongside access to financial counselling,” said Priya Mathilakath, the company’s head of HR for retail, corporate and manufacturing.

Organisations in India are steadily broadening their benefits framework to better support employees through key life events such as parenthood, caregiving, illness, and bereavement. Over 80% of the more than 500 organisations from India in the WTW 2025 Benefits Trends survey said they are looking to significantly raise the level of flexibility and choice in their benefits programmes over the next one to two years.

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