parental leave – Benefits Canada.com

Top 5 HR, benefits, pension and investment stories of the week

bwolfe — Fri, 30 Aug 2024 13:00:50 +0000

An article on Citigroup Inc.’s new parental and caregiver leave programs for U.S. employees was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Citigroup enhancing parental leave, introducing caregiver leave for U.S., Puerto Rico employees 2. Caisse invests $35M in energy […]

The post Top 5 HR, benefits, pension and investment stories of the week appeared first on Benefits Canada.com.

Citigroup enhancing parental leave, introducing caregiver leave for U.S., Puerto Rico employees

lbailey — Tue, 27 Aug 2024 13:00:41 +0000

Citigroup Inc. is enhancing its parental leave and introducing a new caregiver leave for employees in the U.S. and Puerto Rico. The financial services company is providing all employees who are new parents with 16 weeks of paid leave, regardless of their path to parenthood, according to a press release. Birthing parents will receive additional […]

The post Citigroup enhancing parental leave, introducing caregiver leave for U.S., Puerto Rico employees appeared first on Benefits Canada.com.

A closer look at Finland’s new flexible parental leave

Sadie Janes — Fri, 09 Aug 2024 12:53:22 +0000

When Finland introduced changes to its parental leave policy in 2022, it was specifically aimed at encouraging fathers to take as much time off work as mothers and recognizing a wider range of family structures. The changes apply to parents with children born after Sept. 4, 2022, and give both birth and non-birth parents 160 […]

The post A closer look at Finland’s new flexible parental leave appeared first on Benefits Canada.com.

Global employers say parental leave, EAPs among most prevalent minimum employee benefits: survey

bwolfe — Fri, 19 Jul 2024 17:30:16 +0000

The most prevalent minimum employee benefits that are offered by multinational companies are employee assistance programs and life insurance (73 per cent), maternity leave (70 per cent) and paternity leave (69 per cent), according to a new survey by Aon. The survey, which polled nearly 300 employers from across 31 countries, found these standard offerings […]

The post Global employers say parental leave, EAPs among most prevalent minimum employee benefits: survey appeared first on Benefits Canada.com.

Okta’s parental leave benefit is helping dads stay home with their newborn, adopted children

bmcgovern — Mon, 17 Jun 2024 13:00:32 +0000

Okta Inc.’s enhanced parental leave benefit for non-birthing parents is helping more employees who are fathers take time off to bond with their newborn or adopted children. The software company is offering 18 weeks of parental leave topped up to 100 per cent of their full salary to non-birthing parents. Employees who use the benefit can […]

The post Okta’s parental leave benefit is helping dads stay home with their newborn, adopted children appeared first on Benefits Canada.com.

Nordic countries offer best parental work-life balance, Canada needs improvement: study

Sadie Janes — Fri, 24 May 2024 13:00:00 +0000

Norway, Sweden and Denmark offer the best parental work-life balance, according to a new study by Remote Technology Inc. The global study assessed the quality of parental work-life balance in 20 nations by analyzing factors like parental leave, annual leave entitlement and childcare costs. It found the Nordic nations had an exceptionally high expenditure on family […]

The post Nordic countries offer best parental work-life balance, Canada needs improvement: study appeared first on Benefits Canada.com.

How employers can help mothers maintain a healthy work-life balance

Sadie Janes — Fri, 10 May 2024 13:00:57 +0000

To help working mothers with the sometimes overwhelming task of maintaining a work-life balance, employers can invest in inclusive, flexible policies and provide support when parents return to work, says Christine Tatham, chief people officer at Redbrick. Early in Tatham’s career and after having her first baby, a former boss asked her if she wanted […]

The post How employers can help mothers maintain a healthy work-life balance appeared first on Benefits Canada.com.

How family-building benefits can support employee well-being, retention

Sadie Janes — Wed, 21 Feb 2024 14:00:20 +0000

Family-building benefits can go a long way in supporting employers’ attraction and retention efforts, says David Krieger, regional vice-president of benefits consulting at BFL Canada. “Employees are looking for their employers to provide more support in all aspects of their lives, including building their families. We’re also seeing surrogacy coverage becoming more prevalent in Canada […]

The post How family-building benefits can support employee well-being, retention appeared first on Benefits Canada.com.

84% of U.S. employers planning to adjust leave programs in the next two years: survey

Sadie Janes — Mon, 05 Feb 2024 20:00:59 +0000

A majority (84 per cent) of U.S. employers are planning to make changes to their leave programs in the next two years, according to a new survey by WTW. The survey, which polled more than 500 U.S. employers, found nearly three-quarters of those that have made or plan to make changes cited supporting attraction and […]

The post 84% of U.S. employers planning to adjust leave programs in the next two years: survey appeared first on Benefits Canada.com.