Volvo To Give All Employees 24 Weeks Of Parental Leave: Should More Companies Follow Suit?
CHARLOTTE, N.C. – Beginning Thursday, Volvo is changing its paid parental leave policy for its employees across the globe. The company says all employees who have been with the company for at least one year will get 24 weeks of leave and they’ll be paid 80 percent of their base pay by default. Or the employees can choose to get 100 percent of paid parental leave for 19 weeks instead.
The policy includes birth, foster, or adoptive parents. This new policy also applies to either parent and employees can take their leave anytime within the first three years.
Our question of the night: should more companies offer more parental leave?
This episode’s panel features:
WCCB TV’s Morgan Fogarty
WCCB News @ Ten anchor Drew Bollea
WCCB Meteorologist Kaitlin Wright