article thumbnail

4 Countries with the Best Parental Leave Laws

Global People Strategist

A country’s parental leave policy is often a reflection of how the country views gender equality. By dividing responsibilities between both parents, a country encourages gender equality and breaks free from traditional gender roles. Here are four countries with the best parental leave policies in the world: 1.

article thumbnail

STUDY: Less Negative Spillover of Paid Parental Leave than Hyped

HR Digest

Individual countries follow their own rule in determining the duration and wage factor of such leaves. The economic effects of parental leave on families, mothers, and children have been studied, but very few studies have been done on the economic effects of parental leave on firms and businesses. “No

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Address Gender Pay Gap in the Workplace?

HR Lineup

This may involve adjusting salaries for those who are underpaid or addressing any systemic issues that contribute to the gap. This includes clearly defining job roles and responsibilities, establishing salary ranges for each position, and providing clear criteria for promotions and bonuses.

Salary 246
article thumbnail

Moody’s introduces global parental leave

Employee Benefits

Credit: Dariusz Gryczka / Shutterstock.com Financial services firm Moody’s has launched a global parental leave policy for its more than 15,000 employees worldwide. Maral Kazanijan, chief people officer at Moody’s, said: “Our new parental leave is more than just a policy, it’s a tangible way we live out our values.

article thumbnail

3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

For 41 percent of small business employees, benefits are crucial when accepting a new job, second to salary. Some paid parental leave. Today, unemployment rates are at a historic low, so many workers now have the freedom to choose where they want to work. And in many cases, it’s benefits offerings that seal the deal.

article thumbnail

Prysmian Group enhances global parental leave

Employee Benefits

Credit: DELBO ANDREA / Shutterstock.com Cables, energy and telecoms firm Prysmian Group has enhanced its minimum global parental leave and reinforced a full-circle support programme for primary caregivers. Meanwhile, the group has recommunicated its Leave and Back-to-Work Programme to staff.

article thumbnail

Employee Magnetism: Everything You Need to Know

HR Lineup

While salary is a significant factor, a holistic approach to compensation includes benefits that address various aspects of an employee’s life and well-being. Key Elements: Salary: Competitive and fair, reflecting the market and individual performance. Health Benefits: Comprehensive medical, dental, and vision coverage.