Netflix, Microsoft’s new parental leave policies create a stir

Global Business

Netflix, Microsoft's new parental leave policies create a stir.00_00_32_16.Still009

Netflix and Microsoft both announced generous upgrades to their respective parental leave policies last weel. Netflix said it was giving new parents on its payroll up to a year of paid leave in a move that could pressure other technology employers to improve their baby benefits. Meanwhile Microsoft said it would offer a 12-week, 100-percent paid parental leave starting in November. 

Netflix, Microsoft's new parental leave policies create a stir

Netflix, Microsoft's new parental leave policies create a stir

Netflix and Microsoft both announced generous upgrades to their respective parental leave policies last weel. Netflix said it was giving new parents on its payroll up to a year of paid leave in a move that could pressure other technology employers to improve their baby benefits. Meanwhile Microsoft said it would offer a 12-week, 100-percent paid parental leave starting in November. "Netflix's continued success hinges on us competing for and keeping the most talented individuals in their field," Tawni Cranz, the company's chief talent officer, wrote in the blog post. "Experience shows people perform better at work when they're not worrying about home."

“Netflix’s continued success hinges on us competing for and keeping the most talented individuals in their field,” Tawni Cranz, the company’s chief talent officer, wrote in the blog post. “Experience shows people perform better at work when they’re not worrying about home.”

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Kathleen Hogan, executive vice president of Human Resources at Microsoft also wrote in a blog post that the changes support culture that the company aspires to.

“I see a tremendous opportunity for companies to put a stake in the ground around what they believe in and what kind of culture they want to build together with employees,” Hogan wrote.

Story compiled with information from the Associated Press.


The pros and cons of unlimited leave with Tom Jelneck and Peter Morici

CCTV America’s Phillip Yin led two experts about the pros and cons of unlimited leave including Tom Jelneck, owner and president of On Target Web Solutions and Peter Morici, economist and professor at the Robert H. Smith School of Business at the University of Maryland.

The pros and cons of unlimited leave with Tom Jelneck and Peter Morici

The pros and cons of unlimited leave with Tom Jelneck and Peter Morici

CCTV America's Phillip Yin led two experts about the pros and cons of unlimited leave including Tom Jelneck, owner and president of On Target Web Solutions and Peter Morici, economist and professor at the Robert H. Smith School of Business at the University of Maryland.