More Companies Extend Parental Leave to Hold, Attract Talent

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 52%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

A record number of Americans took parental leave in October, according to data from the Bureau of Labor Statistics.

More than half a million workers took time away from work to care for their children in October as more companies extend parental leave as a benefit to attract and retain talent in the wake of the COVID-19 pandemic.About 600,000 U.S. employees stopped working in October, staying home instead as part of their maternity or paternity leave, data from the Bureau of Labor Statistics showed Friday, the highest monthly figure since the agency began recording the trend in 1993.

have offered paid maternity leave, with 32 percent also providing paid paternity leave, a 5 percent jump for each perk from the previous year, according to a report by The Society for Human Resource Management.Swonk said lack of child care has made such benefits, for women especially, crucial for people to stay working.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 468. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Today: Stocks extend gains as investors see end to Fed rate hikesMarkets are convinced the Fed has ended its historic tightening cycle, with the biggest bets now focused on a rate cut in June.
Source: startelegram - 🏆 248. / 63 Read more »