As we get further into 2025, it’s crucial for HR leaders to re-evaluate their company paid leave policies. Over the last few years, the landscape of employee benefits has rapidly changed, with paid leave emerging as a pivotal factor in attracting and retaining top talent.
Recent research from Cocoon paints a compelling picture of how crucial paid leave has become. In a nationwide survey of over 1,300 participants, a striking 60% of respondents indicated that a lack of a competitive paid leave package would be a deal-breaker when considering a new job. Even more surprising, potential job seekers ranked a comprehensive paid leave package as their second priority — above a competitive salary. The number one priority was 100% covered health insurance.
