Mark Zuckerberg, right, founder and CEO of Facebook, and wife Priscilla Chan
Photograph by Stephen Lam — Reuters

What's Good for Mark Zuckerberg Is Good for All

By Reuters
November 28, 2015

Less than a week after Facebook FB Chief Executive Mark Zuckerberg said he would take two months of paternity leave, the social media company announced it is extending its parental leave policy to full-time employees outside the United States.

The policy, which provides four months of paid time off, will be provided to all new parents regardless of gender or
location, starting Jan. 1.

Employees may take leave at any point up to a year after the birth of their child, Lori Matloff Goler, the company’s head of human resources, said in a Facebook post late Wednesday.

Facebook currently offers four months of paid parental leave to U.S.-based full-time workers. Outside the U.S., Facebook now offers a minimum of four months of paid leave to full-time employees who are new mothers and primary caregivers. Fathers and non-primary caregivers outside the U.S. get four weeks of paid leave.

“We want to be there for our people at all stages of life, and in particular we strive to be a leading place to work for families,” she added. “An important part of this is offering paid parental or ‘baby’ leave.”

Goler said the new policy will primarily help new fathers and employees in same-sex relationships outside the United States, noting that it will not change maternity leave already available to employees worldwide.

Zuckerberg last week said he would take two months off after his daughter’s birth. Zuckerberg announced in July that he and
his wife, Priscilla Chan, were expecting a baby girl; they have not said when the baby is due.

His announcement was seen in Silicon Valley as a strong endorsement from a high-technology industry top executive on the importance of family time. Technology companies in Silicon Valley have been rushing to extend parental leave allowances and other benefits to help recruit and retain employees. Many high-tech workers, however, do not take advantage of such benefits for fear of falling behind at work or missing out on promotions.

 

SPONSORED FINANCIAL CONTENT

You May Like