A Pew Research Center report ranks the United States last out of 38 countries in government-supported time off for new parents. But from Silicon Valley to Wall Street to Main Street, a growing cadre of progressive companies is offering parents of both genders parallel opportunities to take paid breaks when children are born or adopted.
“Offering generous paid parental leave has become table stakes among Silicon Valley companies,” says Rich Fuerstenberg, a Mercer partner. “But you’ll also find similar programs in other industries like professional service, accounting firms, consulting firms and investment banks.”
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