Estimated reading time: 0 minutes, 38 seconds

Bloomberg has expanded its parental leave program from 18 weeks to 26 weeks of full-paid leave time and has made it available to all genders. So reports Crain’s New York Business.

“We recognize that every family is different, so our policies should reflect the needs of each and every colleague--across the world and regardless of gender,” the firm wrote in a recent memo to its employees worldwide.

The revamped policy means primary caregivers of any gender will have 24 weeks of full-paid leave and 10 so-called transition days that afford the employee one day off every week for the following 10 weeks after they return to work. The policy remains the same for secondary caregivers, who get up to four weeks of paid leave.

Read the full article from Crain's New York Business.

Read 669 times
Rate this item
(0 votes)

Visit other PMG Sites:

Template Settings

Color

For each color, the params below will give default values
Tomato Green Blue Cyan Dark_Red Dark_Blue

Body

Background Color
Text Color

Header

Background Color

Footer

Select menu
Google Font
Body Font-size
Body Font-family
Direction
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline