Microsoft establishes new policy requiring contractors to offer paid parental leave
Author: Jordan Valinsky, CNN, Published on: 6 September 2018
"Microsoft requires contractors to offer paid parental leave," 30 August 2018
In a new policy... Microsoft said companies with more than 50 employees that do work for the tech company will have to offer employees a minimum of 12 weeks paid parental leave, for either a birth or adoption... "By implementing that requirement, we were able to focus our resources on businesses that share with us a commitment providing employees with important benefits such as paid time off," Microsoft's corporate VP and general counsel Dev Stahlkopf said... Microsoft acknowledged that the new policy might increase costs... The new policy also mirrors Microsoft's benefits for full-time employees. They get 12 weeks paid parental leave and birth mothers get an additional 8 weeks off... Ellen Bravo, co-director of Family Values @ Work, a group that promotes paid leave, lauded Microsoft for the move, but said paid leave policies should be federally mandated. "We applaud Microsoft for the leadership they've given in the fight for paid leave," Bravo told CNN. "At the same time, we have to ensure time to care does not remain a workplace perk dependent on who you work for or where you live."... Only 13% of private sector workers in the United States have access to paid parental leave, according to the Bureau of Labor Statistics.
Related companies: Microsoft