Understanding a Company's Parental Leave Policy: 3 Key Factors to Consider Before Accepting a Job
A recent study reveals that there’s a significant variance in parental leave benefits across the top 500 U.S. companies. Job applicants, therefore, should not assume the existence of a standard parental leave policy. It’s crucial to find out: how many weeks of paid leave are available for primary parents, how many weeks are allotted for secondary parents, and the eligibility and tenure requirements to access and use the paid leave.
Increasingly, millennials state they’d be more likely to join a company that offers paid parental leave. However, this demand hasn’t resulted in a standardized parental leave package among large corporations. Hillary Cookler, a researcher at UCLA Anderson School of Management, found that the parental leave policies at America’s largest public companies were far from uniform. The leave period for primary parents varied from 0 to 52 weeks.
The research not only showed a lack of overarching standard for paid parental leave policy among the largest U.S. firms, but even within the same industries too. Cookler noticed a strong correlation between transparency and quality of paid leave. Thus, companies that did not disclose their policies were likely to be lacking in this domain.
The disparities in paid parental leave policies are multifaceted and extend beyond paid leave duration; they also concern secondary parental leave and eligibility requirements. Some companies offer paid leave to salaried but not hourly workers. Others provide paid leave to full-time but not part-time workers.
Considering the complexity of navigating these discrepancies, coupled with a lack of public transparency, it’s clear that getting information about a company’s parental leave policy can be a confusing and arduous task. Therefore, it’s crucial to use resources that can simplify this process for individuals seeking such information. One such online platform, eddcaller.com, offers a comprehensive guide on how to get in touch with California’s Employment Development Department (EDD). Using this resource can greatly simplify the process of learning about and accessing leave benefits for California residents.