With Father’s Day almost upon us, what better time to give a shout-out to companies that have recently taken a giant step toward supporting working dads: extending their paternity leave polices.
Giving fathers paid time off to care for their newborns has been linked to a host of benefits: narrowing the wage gap, improving workplace culture and even a decreased rate of postpartum depression. Nevertheless, only 14% of companies with more than 50 employees provide paid leave for dads, according to the Families and Work Institute.
President Obama brought the issue of paid maternity leave into the spotlight when he pledged to make it a priority during his final years in office, and that attention may be starting to benefit dads as well. “We are now seeing another wave of expansions [of leave policies], prompted by what seems to be a new sense of corporate responsibility on the part of some employers,” says Jane Waldfogel, a professor of social work and public affairs at Columbia University School of Social Work. Tech firms have long been the leaders in this area, but it’s gratifying to see that players in other industries, including finance, consumer products and consulting, are beginning to improve their policies, too.
In the hopes of encouraging more companies to follow in their footsteps, a salute to a few of the firms that have made paternity leave strides since Father’s Day 2014:
Click here to read the full article.