American Express will give all parents 20 weeks of paid leave
Source: CNN
Starting in January, the financial services giant will expand its paid parental leave policy for mothers and fathers to 20 weeks at full pay, plus another six to eight weeks for women who give birth and require medical leave. Full-time and part-time employees who have worked at Amex for at least a year are eligible.
That's a big shift from the company's current policy of offering six weeks of paid leave for the primary parent plus another six to eight weeks for birth mothers who require medical leave. Secondary caregivers, meanwhile, have gotten just two weeks.
Under the new policy, parents will also have access to a 24-hour lactation consultant. And mothers who go on business trips will be able to ship their breast milk home for free.
In addition, expectant parents will have access to a parent concierge, whom they can go to for information on the company's family benefits and resources.
Read more: http://money.cnn.com/2016/12/12/pf/paid-parental-leave-american-express/index.html
PoindexterOglethorpe
(25,750 posts)its employees.
Sunlei
(22,651 posts)Hortensis
(58,785 posts)Also large companies. On this from Bloomberg:
Still, the benefit is unevenly distributed to high skilled workers and people who live in cities and states that have laws mandating leave. Many sectors and organizations still offer no paid leave. The manufacturing sector tends to be more midsize smaller and midsize companies, and theyre not at that point where they are moving that aggressively toward parental leave,
elmac
(4,642 posts)They have complete control of the government plus the DOW is oh so high, maybe we can get them to drop interest rate to under 20% , just one more lump of coal for us peasants.
seaglass
(8,170 posts)Dorian Gray
(13,469 posts)And you know what this will do? Make people want to work for them. They'll get better qualified people who are loyal to the company. Treating the people who work for your company well leads to them treating their job well.
truthisfreedom
(23,113 posts)Nothing against the magnanimous support of their employees, but seriously, my business can't possibly afford to provide this kind of support.