Legg Mason boosts paid parental leave policy
Kathryn Mayer is a former editor-in-chief of Employee Benefit News.
Kathryn Mayer is a former editor-in-chief of Employee Benefit News.
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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.
While there has been a lot of state and federal headway in leave expansion, qualifying employees are still facing steep costs.
Establishing policies that help with stressors like commuting logistics and finding after-school care can avoid disruption of in-office expectations.
As benefit decisions get finalized, childcare offerings may be more within reach than companies think.
Providing working parents with time and resources to care for their children during times of illness offers returns in the forms of productivity and retention.