EBN: Why Halliburton Broadened Paid Family Leave
Paid family leave has been a hot topic. From Capitol Hill to company board rooms, employees have increasingly been calling on employers to offer more time to bond with newborns.
That’s why Halliburton decided to improve their family-friendly benefits by boosting paid leave following the birth or adoption of a child. “While we weren’t the first to come up with and offer this benefit, it was innovative and new within our industry,” Jennifer Mericle, manager of global benefits at Halliburton, said Tuesday, speaking at the Disability Management Employer Coalition’s annual conference.
Halliburton employees have 12 months from the date of childbirth or finalized adoption to fully utilize the eight weeks of leave. The time off can be used consecutively or broken up into increments throughout the following 12 months. Since offering the benefit, the bonding leave has been the preferred benefit, with the majority of employees preferring to take time off instead of the payout.
Read the full article on Employee Benefits News (EBN).
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26 May 2020