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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.

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