The COVID-19 pandemic has created unprecedented challenges for employees and businesses alike. To understand the impact of paid leave policies on companies during this crisis, Paid Leave for the US (PL+US) and Promundo, in collaboration with the Parental Leave Corporate Task Force (PLCTF) conducted the first of its kind global survey of businesses.
The resulting report includes key findings from 2020 and recommendations for paid leave policies in the private and public sector to better meet the needs of businesses and employees in a post-pandemic world.
PRESENTED BY
KEY FINDINGS
1.
Paid leave policies help employers and employees weather the pandemic.
The COVID-19 pandemic created significant challenges for companies and working people alike. In light of such challenges, companies reported that having paid leave policies in place was a key factor to ensure greater employee morale and workplace satisfaction, as well as reduced rates of attrition and turnover.
2.
The pandemic accelerated a culture of caregiving, increasing demands for workplace flexibility and paid leave policies.
Caregiving is now front and center in workplaces as a result of the pandemic. In response, companies are embracing paid leave, and working to emphasize flexibility as key to their culture – something that may well last beyond the pandemic.
3.
A work culture that promotes gender equality through equitable use of paid parental and caregiving leave can help stem the tide of women leaving the workforce.
Female employees are more likely to take on caregiving responsibilities, and globally, we’re seeing the toll that’s taken as women leave the workforce in order to manage these responsibilities. Three factors are crucial to preventing women from exiting the workforce: strong paid leave policies, flexible working cultures that support both women’s and men’s needs, and the encouragement of men’s uptake of leave, especially paid parental leave.
4.
The pandemic has revealed a critical need for a permanent paid leave program in the US.
The lack of a national paid leave program in the US results in a patchwork of policies that only cover 20 percent of private sector workers and 26 percent of state and local government workers. While a national paid family leave policy receives consistent bipartisan public support, businesses are increasingly joining the chorus and seeing the benefits.
3 RECOMMENDATIONS FOR BUSINESS LEADERS
Implement Strong Gender-Informed Paid Leave Company Policies
Employees, investors and C-suite executives can be leaders in implementing paid leave policy at their workplace. Click the button below to get additional resources and one-on-one support in creating a new or expanded paid leave policy at your company.
Create a Workplace Culture Where Paid Leave Can Thrive
Implementing a strong company policy that allows for paid medical, caregiving, and parental leave alone is not enough to ensure a successful paid leave program. Additionally, companies must actively create a culture that acknowledges the importance of paid leave and caregiving and encourages employees to use their benefits.
Click the button below to view a report for employers, which includes resources on designing and implementing workplace policies that encourage more fathers to use all the leave they are entitled to, for the benefit of themselves, their families, their workplaces, and society as a whole.
Join a Growing Chorus of Businesses Supporting Federal Paid Family and Medical Leave Policy in the US
The growing momentum from the business community in support of public policy on paid leave is turning to action, as paid leave provisions included in the Families First Coronavirus Response Act (FFCRA) expired at the end of 2020.
PL+US is mobilizing the business community to help win federal public policy for paid family and medical leave for everyone in the United States - join the effort today!
PRESS INQUIRIES
For media requests, please email press@paidleave.us or click the button below and a member of our team will be in touch.