Companies best supporting parents all offer 20 or more weeks of paid parental leave for both primary and secondary caregivers.
CNBC partner Just Capital looked through policy disclosures at America's largest companies to find which meet the needs of these workers best. S&P Global offers one of the longest paid parental leave policies of 26 weeks. Married couple and employees of the company, Lauren and Mario Washington, told CNBC that taking parental leave together after welcoming their second daughter in 2021 had a profound impact on their family dynamic.
The"indirect costs" are the loss of productivity during an employee's leave, temporary replacement and cost of administering a paid leave program.