Employee Benefits – Paternity/Maternity Benefits March 2013 This report is solely for the use of Talent Neuron clients and Talent Neuron Subscribers. No part of it may be circulated, quoted, or reproduced for distribution outside the client organization without prior written approval from Talent Neuron.
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Employee Benefits – Paternity/Maternity Benefits
March 2013
This report is solely for the use of Talent Neuron clients and Talent Neuron Subscribers. No part of it may be circulated, quoted, or reproduced for distribution outside the client organization without prior written approval from Talent Neuron.
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Disclaimer All the information contained in this report is obtained through proprietary technology aggregation algorithms, human experts, network of domain experts, discussions with industry leaders, public and confidential information sources believed to be reliable. Talent Neuron makes no representations or warranties regarding the errors, omissions or completeness of any information contained herein and shall have no liability for the same. The report is provided solely for informational and marketing purposes and opinions must not be construed as advice, recommendations or endorsements. The reader of the report is advised to conduct an independent evaluation and form conclusions with respect to the information provided.
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Maternity/ Paternity and other Parental Benefits
7
Paternity / Maternity Benefits
Parental Benefits
Adoption Assistance
Child Care
Note: The major parental benefits provided by the companies have been listed Source: Talent Neuron Research and Analysis
18 months paid leave for the new mother and 6 weeks for the new father
‘Baby bonding bucks’ a special bonus is provided post child birth
Adoption assistance, with up to $5,000 reimbursement in legal fees
Onsite child care facility
Four months paid leave for both the parents
‘Baby Cash’ a special bonus of $4000 is provided post birth
Complete reimbursement of adoption fees
$3000/ year is provided as reimbursement for childcare up to the age of 5
The maternity and paternity benefits provided are on par with local labor laws
Apple does not have paid paternity leave policy
Google Facebook Apple Linkedin
Googlle and Facebook have the best maternity leave policy in the industry The attrition rate of women employee in Google fell by 50% due to their maternity leave policy
Maternity/ Paternity and other Parental Benefits
8
Paternity / Maternity Benefits
Parental Benefits
Adoption Assistance
Child Care
12 weeks paid leave for the new mothers. No paid paternity leave
16 weeks paid leave for the new mother and 8 weeks for the new father
Reserved parking spots for women who are pregnant. Allowance of $500 every month towards baby care during the maternity leave period. Yahoo! Branded baby gifts for new babies
$5000 is provided to offset adoption expenses. Employees are eligible for maternity and paternity benefits post adoption.
80% of salary for four weeks during maternity leave(up to maximum of $5000 per week)
Allowance of $250 per month for new parents during the period of parental leaves
Reimbursement up to $5000 to offset adoption expenses
Company sponsored child care and ender care centers
Amazon Yahoo Salesforce
Note: The major parental benefits provided by the companies have been listed Source: Talent Neuron Research and Analysis
Paid maternity and paternity leave policy
Twitter
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