Companies are now being more generous and including parental leave for different family structures.
In celebration of Father's Day DiversityInc spoke to TJ Phelps about his paternity leave journey to fatherhood.
Prudential has increased the period of 100 percent paid parental leave available to eligible employees and Prudential Advisors financial professionals.
By Dave Artuso for Prudential
To a newborn, 10 weeks is a lifetime. To his or her parents, it can be the foundation to a better life.
Yet, only 14 percent of private sector employees receive any paid time off during this critical bonding period, according to the Bureau of Labor Statistics National Compensation Survey. This means that many new parents must navigate a difficult balancing act—between earning enough to support their growing family and providing the care their child needs.
TIAA recently announced an expanded gender neutral parental leave policy.