While millions of American workers do not currently have access to paid sick leave, multiple studies show that it provides tangible benefits to companies – reducing absenteeism, the number of employees working while sick, and reducing turnover.
“Enhancing parental leave has a significant impact in terms of improving productivity, retention, and employee morale,” Morgan Stanley’s David Stark tells JUST Capital.
In recognition of Mother’s Day, here are the top three companies that go above and beyond on paid parental leave, dependent care, and more.
“Investing in your people, to me, is a really critical component to being a successful company,” HPE’s vice president of benefits, culture, and people experience told JUST Capital.
By expanding paid parental leave benefits, companies have an opportunity to generate outsized impact for workers and their bottom line.
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