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il parent employee benefits - Chicago Illinois Family Law Blog

Paid Maternity and Paternity Leave Doubled by Yahoo

By Leslie Fineberg on May 22, 2013

Yahoo is doubling maternity and paternity leave pay to help attract talented employees.  According to The Huffington Post, Yahoo has announced that the company is doing so to help smooth the transition into parenting for new-parent employees.  New fathers can take eight weeks of paid paternity leave, and new mothers now can take as many as 16 weeks of paid maternity leave.  That number of weeks doubles the previous number of weeks permitted.  In addition, NBC Bay Area reports that all new parents will receive a $500.00 bonus.

Illinois Paid Parenting LeaveTo some the announcement might look like Yahoo is attempting to make amends to its employees for the action taken by CEO Marissa Mayer banning employees from doing their work from home.  That decision made many working parent employees angry.  Instead, the move is likely Yahoo’s attempt to offer benefits more in tune with other Silicon Valley employers so as to attract more talented employees.  Mayer is a new mother herself, so perhaps the decision to double maternity and paternity leave is partly empathetic.  Since Mayer became CEO, employees have also been provided free meals and new smart phones.

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