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(Bloomberg) — Amazon.com Inc. will give new fathers paid parental leave and extend paid maternity leave for mothers, as the online retailer seeks to enhance its benefits as a way to attract and retain talent.
Also see: “Nestle joins Netflix, Adobe and others in paid-leave movement.”
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The goal is to strike a thoughtful balance that supports employees during important life events while maintaining productivity, managing costs and ensuring equitable access.
Incorporating technology into the benefits selection process frees up time and energy better spent on human-centric areas of support.
Employees say cost, complexity and relevance are getting in the way of benefits value, according to Prudential's latest research, which outlines what that means for employers.
While there has been a lot of state and federal headway in leave expansion, qualifying employees are still facing steep costs.
The needs of women continue to outpace organizations' inclusion efforts, which will be costly if unaddressed.
