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BY Fairygodboss

A "Race to the Top"

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Photo credit: Unsplash

TAGS: Maternity leave, Paternity leave, Parental leave, Spotify, Social media, Credit-Suisse, Compensation

Something exciting has been happening in the world of benefits and working families these last few weeks of November.

If you're familiar with the concept of a "race to the bottom", this is exactly the opposite of that. We're talking about what seems to be a "arms race" (as the Wall Street Journal puts it) by employers to offer progressive parental -- maternity and paternity leave -- policies to their employees.

With Mark Zuckerberg planning to take two months of paternity leave as CEO of Facebook and then expanding the company's 4-month parental policy to all international employees, Spotify recently announcing it would offer full-time employees 6 months of paid parental leave, and Credit Suisse joining the movement by offering U.S. employees 20 weeks of paid parental leave, there's reason to be hopeful that other employers will realize these benefits can provide a good "double" bottom line.

Fairygodboss

Fairygodboss is committed to improving the workplace and lives of women. 
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Related Community Discussions

  • Does anyone here work for a major financial institution in the new york metropolitan area? I have yet to find a straight answer on the internet or the company website regarding when my eligibilty for 16 week paid maternity leave would start. Are paid maternity leave benefits usually the same across the board for all major financial firms? I just found out I am pregnant (in my first trimester) and by the time I take my maternity leave I would be only nine months in my new job. Would like to hear about your company's eligibility requirements for paid maternity leave here please. Thank you so much...

  • I recently got engaged, will be married October 2017. My fiance and I want to start a family right away. My job does not have paid maternity leave. Would it be premature for me to advocate for paid leave? My initial thought process was to figure this out as soon as possible. Maybe I should start looking for another job; researching other companies I noticed that most (all the one's that I saw) require employees to have been employed for a year before being offered paid maternity leave.

    If I could have my way I would stay where I am at and get paid leave.

    I have a positive relationship with my boss and can talk about this with him, however; he isn't the one who ultimately makes this decision, corporate does.

  • I am currently 36 weeks pregnant and gearing up to go on maternity leave at the end of the month. I recently came across a new job oppurnity that would be better for my family. I'm at the finishing stages of interviewing with this new company and I am worried that I will find out I got the job while on maternity leave. My question is, what happens to my maternity benefits and how do I go about leaving my current job without issue?

  • Any advice for someone searching for work during their first trimester of pregnancy? I currently work with a temp agency for income and am applying for my next role. From what I've read on the boards, it seems that most women are firmly established at their companies but I was forced to look for a new role outside of my former company due to a health condition. They were unwilling to move me to a different role within the company. Any suggestions on how to navigate the next 4-6 months before giving birth?

  • I'm 12 weeks pregnant and just met with HR to find out about our Maternity Leave program only to learn that they only give us unpaid leave (you have to file for state disability to get your 55% salary during those weeks) In talking with other moms, I found they all came back early (because who can really afford to take a big pay cut when you have a new little one to tend to?)

    It never occurred to me to check because kids weren't on the radar when I applied for the job, but I'm totally disheartened that my company that "prides itself" on caring about its people doesn't have something better in place. Has anyone gone to HR to see about improving their policies? I know as a whole our organization had a 12 year tenure when I started and a pretty high average age, so it may have not been on their radar, but I'm shocked that they aren't more progressive. Any advice??

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A "Race to the Top"

A "Race to the Top"

Something exciting has been happening in the world of benefits and working families these last few weeks of November. If you're familiar with the con...

Something exciting has been happening in the world of benefits and working families these last few weeks of November.

If you're familiar with the concept of a "race to the bottom", this is exactly the opposite of that. We're talking about what seems to be a "arms race" (as the Wall Street Journal puts it) by employers to offer progressive parental -- maternity and paternity leave -- policies to their employees.

With Mark Zuckerberg planning to take two months of paternity leave as CEO of Facebook and then expanding the company's 4-month parental policy to all international employees, Spotify recently announcing it would offer full-time employees 6 months of paid parental leave, and Credit Suisse joining the movement by offering U.S. employees 20 weeks of paid parental leave, there's reason to be hopeful that other employers will realize these benefits can provide a good "double" bottom line.

Fairygodboss

Fairygodboss is committed to improving the workplace and lives of women. 
Join us by reviewing your employer!

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