Furthering its diversity and inclusion agenda, Standard Chartered Bank today announced the extension of medical benefits and domestic relocation benefits to LGBT+ partners of all employees in India.
will now be able to declare a LGBT+ partner as an eligible beneficiary under
the Bank’s medical reimbursement policy. The declared partner will also get covered
under the domestic relocation policy.
The Bank has been taking successive
steps in ensuring an equal and inclusive workplace for LGBT+ employees over the
past year, starting with the launch of its Employee Resource Group (ERG) for
LGBT+ & Allies called GLAD (Gay,
Lesbian, Bisexual, Transgender, Allies and Advocates).
Following the launch of GLAD, the Bank
organised multiple sensitisation sessions for employees with the help of
activists and NGOs. It also made available toolkits for employees to raise
their awareness on LGBT+ issues and define the role they can play in ensuring
that all colleagues feel welcome at the workplace. The
Bank also participated in the first LGBT+ job fair in Mumbai held last year and
the Mumbai Pride this year.
Head of HR, India, Standard Chartered
“We are committed to having an inclusive, safe and open environment for all
LGBT+ colleagues in the Bank. Equity in employee benefits is one of the
critical initiatives in ensuring that these workplace standards are met.
Treating all colleagues, regardless of their sexual orientation, with dignity
and respect is the right thing to do.”
Gaurav Rajput, Head, Brand and
Marketing and Executive Sponsor of the GLAD ERG, India, Standard Chartered Bank, said, “This is a significant milestone as
we progress on our LGBT+ inclusion journey in the Bank. We will continue to
participate in efforts that increase awareness and access for LGBT+ colleagues,
clients and communities. As we celebrate International Day against Homophobia,
Transphobia and Biphobia (IDAHOBIT), we are proud of our values that help
create a safe, supportive and empowering environment for LGBT+ employees.”