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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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Page 1: Employee benefits paternity-maternity benefits

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.

Page 2: Employee benefits paternity-maternity benefits

Talent Neuron Copyright and Disclaimer

Copyright The material in this report is copyrighted. No part of this report prepared by Talent Neuron can be reproduced either on paper or electronic media without permission in writing from Talent Neuron. Request for permission to reproduce any part of the report may be sent to [email protected]. Customers are welcome to use an unlimited number of copies of the materials contained within this report. Furthermore, customers may copy any graphic herein for their own internal purpose. Talent Neuron requests only that members retain the source name/logo mark on all pages produced. Please contact our Talent Neuron account manager at +1-408-716-8432 for any help we may provide. The report herein is the property of Talent Neuron (A Zinnov LLC Company). Beyond the membership, no copyrighted materials of Talent Neuron may be reproduced without prior approval.

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.

Page 3: Employee benefits paternity-maternity benefits

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Talent Neuron can help in selecting the right location by providing data, analytics and insights on Locations, Talent, Cost, Peer Group Footprint & Trends

Location Analysis Understand the capability of each potential location and make data driven decisions on setup and expansion

Peer and Talent Insights

Understand the capability of each potential location and make data driven decisions on setup and expansion

Ecosystem Analysis Understand the capability of each potential location and make data driven decisions on setup and expansion

Source: Talent Neuron Website

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CAPABILITIES Talent Neuron has assisted over 100 companies in their global location analysis and site selection process

Ecosystem Insights Forecasts Industry/Domain Wage Inflation

Trends

Company Tracker Market Tracker Skill Wizard Market Insights

Talent Neuron KEY FOCUS IS ON THE TECHNOLOGY INDUSTRY. OVER 80% CLIENTS ARE IN THE PRODUCT ENGINEERING DOMAIN.

Consulting

Proprietary Data Sources

Network

Reports

Web Crawling

Expert Insights

Analytics

Surveys

500+ GLOBAL CITIES COVERED

Source: Talent Neuron

6 DOMAINS 35 FUNCTIONs 150+ SKILL SETS

Page 5: Employee benefits paternity-maternity benefits

PROPOSED APPROACH – Data Gathering and Analysis through BIG Data Talent Neuron will use data driven Big data principles (for large data analysis) which will provide comprehensive insights and transparency on the trends, current realities and opportunities in any locations

100+ Job sites

3,000+ Company Career Sites

Universities

Social Media/ Public Profiles

Hadoop Engine

(Big Data Approach)

=

Over 12,000 Unique Data elements for

each city

Patent Databases

Publication/ Journal

Databases

Technology Contributor lists

Community Sites

Connectors (API / Screen Scraping)

Skill Availability

Location Insights

Compensation and Cost Trends

Peer Company Footprint

Source: Talent Neuron Website * Details not disclosed by the company Source: Talent Neuron Research and Analysis

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Methodology

Tech Companies Studied Google Facebook Apple LinkedIn Twitter Amazon Salesforce.com Yahoo

Global Locations • Austin • Aarhus • Bangalore • Bay Area • Beijing • Boston • Dublin • Haifa • Herzliya • London • Moscow • New York City • Seattle • Shanghai • St. Petersburg • Taipei • Tel Aviv • Wroclaw

Source: Talent Neuron Database, Talent Neuron Research and Analysis

Note: Data captured and analyzed form public sources, interviews with HR Leaders

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Maternity/ Paternity and other Parental Benefits

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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

Page 8: Employee benefits paternity-maternity benefits

Maternity/ Paternity and other Parental Benefits

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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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For Detailed information on Location, Talent, Cost, Risks, University Information contact [email protected]

Talent Neuron

Global Location Profiles

Global Talent

Insights

Global Cost & Salary

Insights

University Outlook

Peer Companies

Monitor

Role View

Job Engineer

Talent Neuron Platform Talent Neuron Platform provides granular data for over 500 cities in 83 countries. It tracks over 12,000 unique data parameters for a city that spans across location attributes, talent pool size (Domain, Function and Skills), Universities,

Salary and Cost etc.

Source: Talent Neuron Website

Page 10: Employee benefits paternity-maternity benefits

THANK YOU

4701 Patrick Henry Dr. Building 7 Santa Clara CA – 95054 Phone: +1-408-716-8432 21, Waterway Ave, Suite 300 The Woodlands TX – 77380 Phone: +1-281-362-2773 69 "Prathiba Complex", 4th 'A' Cross, Koramangala Ind. Layout 5th Block, Koramangala Bangalore – 560095 Phone: +91-80-41127925/6 11, First Floor, Paras Downtown Center, Golf Course Road, Sector 53, Gurgaon – 122002 Phone: +91-124- 4378211/13

[email protected]

www.talentneuron.com @talentneuron

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