Yahoo CEO Marissa Meyer, who was caught in the crossfire earlier this year after axing Yahoo’s work from home policy, has expanded the company’s parental leave benefits.
Reuters reports that Yahoo’s expanded policy gives new mothers and fathers up to eight weeks of fully-paid leave, and if a woman gave birth to the baby, she’s entitled to an additional eight weeks of paid leave, for a total of 16 weeks paid leave. Moreover, new parents will receive up to $500 for expenses, like baby clothes.
Perks, such as extended leave benefits, are touted by Yahoo’s competitors, and Yahoo may be simply trying to keep up. Facebook, for example, reportedly offers four paid months of leave for both mothers and fathers and $4,000 “baby cash” to spend on a new baby per family.
Author: Gail Cecchettini Whaley
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