What's the best approach to take on parental leave benefits when it
comes to recruiting and retaining existing, new or expectant parents? Is
it all about paid leave? Or should the focus be on work-life balance?
Or maybe a little from column 'A' and a little from column 'B'?
Hot on the heels of being criticized by many for banning telecommuting
and for taking an unusually short maternity leave, Yahoo CEO, Marisa
Mayer decided to enhance Yahoo's parental leave benefits by providing up
to 16 weeks of paid leave (with benefits) for eligible new moms and
eight weeks for new dads. New parents also will receive $500 to spend on
housecleaning and other related needs.
Under the new leave policy, Yahoo will provide more time off than what
is required under the federal Family and Medical Leave Act (FMLA). Under
the FMLA, covered employers are only required to provide eligible
employees with up to 12 weeks of leave to bond with their newborn child
In addition, and more important to a new parent's financial peace of
mind, Yahoo's leave will be paid (as compared to the FMLA, which is
Continue reading "Paid Parental Leave Does Not Replace Workplace Flexibility" »