Such amazing news! Both Microsoft and Netflix are making headlines and for great reasons. They have generously created new maternity and paternity leave policies that will allow parents longer time at home with their children. That’s one less worry for these worried new parents!
Netflix announced on Aug 4 that the company will offer unlimited paid maternity and paternity leave for new parents. Then on Aug 5 another company followed suit. Microsoft announced they too will be extending paid leave for parents. How wonderful!
Two massive companies have discovered that starting a family is scary for multiple reasons, but they want to do their part and help ease the transition in a giant way. Both Microsoft and Netflix have informed their employees that they’re changing their policies for the better. “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,” Microsoft executive vice president of human resources Kathleen Hogan stated in a blog post on Aug 5.
“A key component of this is supporting our employees with benefits that matter most to them.” She followed up by saying, “For birth mothers, this is in addition to the eight weeks of maternity disability leave they currently receive, paid at 100 percent, enabling them to now take a total of 20 weeks of fully paid leave if they choose.”
Netflix Offers Unlimited Maternity & Paternity Leave
Microsoft’s announcement comes only one day after Netflix informed that of their new policy — unlimited maternity and paternity leave. Tawni Cranz, Netflix’s Chief Talent Officer wrote on the company’s blog on Aug 4 letting staff know of the new policy.
“At Netflix, we work hard to foster a “freedom and responsibility” culture that gives our employees context about our business and the freedom to make their own decisions along with the accompanying responsibility. With this in mind, today we’re introducing an unlimited leave policy for new moms and dads that allows them to take off as much time as they want during the first year after a child’s birth or adoption. We want employees to have the flexibility and confidence to balance the needs of their growing families without worrying about work or finances. Parents can return part-time, full-time, or return and then go back out as needed. We’ll just keep paying them normally, eliminating the headache of switching to state or disability pay. Each employee gets to figure out what’s best for them and their family, and then works with their managers for coverage during their absences. Netflix’s continued success hinges on us competing for and keeping the most talented individuals in their field. Experience shows people perform better at work when they’re not worrying about home. This new policy, combined with our unlimited time off, allows employees to be supported during the changes in their lives and return to work more focused and dedicated.”
HollywoodLifers — what do you think of the new policies set in place by both companies? Sound off below!
— Brittany King