microsoft boosts parental leave on heels of netflix
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

Offer full pay for 12 weeks to new mothers and fathers

Microsoft boosts parental leave, on heels of Netflix

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today Microsoft boosts parental leave, on heels of Netflix

Microsoft announced expanded parental leave policy for US-based employees
San Francisco - Arab Today

Microsoft on Wednesday announced an expanded parental leave policy for its US-based employees, a day after a similar move by streaming television giant Netflix.

The tech giant said that from November 1, it would offer full pay for 12 weeks to new mothers and fathers, plus eight additional weeks of maternity disability, bringing the total for mothers to 20 weeks.

Until now, Microsoft had offered four weeks paid and eight weeks unpaid time off for new parents in addition to maternity disability.

"When I look at how rapidly the traditional workplace is changing, not just at Microsoft, but throughout business in general, I see a tremendous opportunity for companies to put a stake in the ground around what they believe in and what kind of culture they want to build together with employees," Microsoft vice president for human resources Kathleen Hogan said in a blog post.

"As we ask our employees to bring their 'A' game to work every day to achieve our mission, we believe it's our responsibility to create an environment where people can do their best work. A key component of this is supporting our employees with benefits that matter most to them."

Microsoft said it was adding two new paid holidays, Martin Luther King Day in January and Presidents' Day in February, bringing the total to 12, including two floating holidays. It also is boosting the company contribution for its retirement saving plan, known as a 401k.

The new policy affects some 60,000 US-based Microsoft employees. Hogan said that outside the United States, "we will continue to review what's offered in each country and work to align to our global benefits philosophy and the local regulations and dynamics in each market."

The move comes a day after Netflix announced it is offering up to one year of paid parental leave to both male and female employees after the birth of a child.

Netflix said the move was aimed at boosting job satisfaction and retaining top talent.

"We want employees to have the flexibility and confidence to balance the needs of their growing families without worrying about work or finances," Tawni Cranz from Netflix said late Tuesday.

"Parents can return part-time, full-time, or return and then go back out as needed. We'll just keep paying them normally," Cranz said.
Source: AFP

almaghribtoday
almaghribtoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

microsoft boosts parental leave on heels of netflix microsoft boosts parental leave on heels of netflix

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

microsoft boosts parental leave on heels of netflix microsoft boosts parental leave on heels of netflix

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more

GMT 10:14 2018 Wednesday ,24 January

Trump angers China, South Korea with new trade tariffs

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way

GMT 21:06 2017 Tuesday ,19 September

Dow, S&P 500, Nasdaq edge up to new record peaks

GMT 14:32 2012 Thursday ,02 February

GOP job plan calls for more oil and gas

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017

GMT 08:09 2017 Saturday ,15 April

Khartoum to Host Geographers Forum in December

GMT 17:51 2018 Wednesday ,29 August

Iran incapable of closing Hormuz, Bab Al Mandeb

GMT 09:43 2011 Sunday ,09 October

Iran Fires gazprom from Azar oil field

GMT 23:36 2011 Monday ,29 August

Greek banks merge to form largest lender

GMT 15:02 2017 Thursday ,31 August

'No way to prevent' explosion at Texas chemical plant

GMT 09:23 2011 Wednesday ,15 June

SK Telecom to work with SNS
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday