How PwC got dads to take parental leave
Employee Benefit News
The leading information resource for the ever-changing HR and Benefits marketplace.
WORKING PARENTS: At 普华永道 , the company's parental leave policy was increased from eight to 12 weeks of paid leave for all parents in 2022, regardless of gender or path to?parenthood. According to PwC's internal data, there was a nearly 50-50 split in utilization between moms and dads.
Whether through birth, surrogacy, adoption or foster placement, PwC gives?both parents?equal leave so they can spend time with their family. But the company doesn't stop there. PwC offers an additional eight weeks of maternity disability leave, recognizing the physical and mental toll that comes with giving birth. It also provides a return to work program, which allows all parents to do only 60% of their 40-hour workweek for four weeks at full pay, in an effort to help new parents transition back to work life after taking leave.?Employees share how this benefit has made a difference in how they show up to work, and for their families:
LGBTQ: There are more than two million transgender people in the United States and 1.2 million people who identify as nonbinary, according to a 2021 report from management consulting company 麦肯锡 . Yet?transgender adults?are twice as likely to be unemployed; for those who do work, more than half say they are not comfortable being out at work.?
McKinsey also found that respondents who identified as transgender felt far less supported in the workplace than their cisgender colleagues do. They reported that it was more difficult to understand workplace culture and benefits and harder to get promoted; cisgender employees were found to make 32%?more than transgender employees, even when education levels matched.?What can you do to ensure your workplace is welcoming to all employees? Here are a few places to start:
领英推荐
RETIREMENT: Due to skyrocketing real estate costs and a cost of living that's steadily creeping up, Florida did not take any of the top five spots in Bankrate 's recent ranking of best and worst states for retirees. While the state did take a spot within the top 10, it was Iowa that ranked number one for retirees, due to affordability, lower housing costs and a large population of people aged 65 and up. Additionally, the state boasts?low healthcare costs?and does not tax those 55 and older on their retirement income. Social Security benefits are also exempt from state income taxes.?See which other states made the list — and where Florida eventually ranked:
We love to see it ????