Paid Family Leave at Fortune 100 Companies: A Basic Standard but Still not the Gold Standard
Employers and employees are searching for ways to balance the competing demands of work and family. As a guide for policymakers, this report examines how firms design their paid leave policies. The majority staff of the Joint Economic Committee asked Fortune 100 companies about the length of paid leave that they provide for new parents. Among the firms that responded, about three-quarters offer mothers a specific parental leave program, either through paid family or disability leave, and the median length of leave for mothers is six to eight weeks. However, only one-third of firms report that they offer fathers paid parental leave and the median length of leave for fathers is only two weeks.