Workplaces certainly aren’t what they used to be. The bygone days of one working parent and one domestic parent shouldering the duties of childcare are a faint memory. Now, American families tackle childcare as a team.
At Zayo, we want to be part of that team. We want to support our best and brightest in their milestone moments, which is why we’re changing our benefits to include paid parental leave. It’s not easy to find a workplace where the values include family leave. In fact, according to the Families and Work Institute, only 16% of all workplaces in America provide paid parental leave allowing mothers and fathers to take paid time off when they have children. This puts many families in a bind, forced to choose between taking care of children and providing for them. This choice is proving to be a drain on the American talent pool since about 25% of mothers – valued, talented members of the workforce – either quit their jobs or get let go when a new child arrives. They often find it difficult to balance the costs and responsibility of childcare against the demands of work.
Only 16% of all workplaces in America provide paid parental leave allowing mothers and fathers to take paid time off when they have children.
Fathers face their own challenges. Even fewer fathers have any paid leave, and rarely can they make the choice to stay home when their families need them most. It’s clear that unwillingness to compromise can force a company’s greatest assets, its employees, to make the tough choice between work and home. And that can undermine morale and slow down the engine of any business’ growth. We understand that our people are the driving force behind our innovation, and the better we can support them across age, need and situation, the better our workforce becomes. That’s why we just announced that paid parental leave is now a standard benefit to all employees. Now, working mothers-to-be will receive 12 weeks of paid leave upon the birth of their children. Fathers aren’t left out either and will receive two weeks of paid leave. Adoptive and foster parents will receive four weeks each upon adoption. We’re proud to support our talented workforce in ways that support their lives, families and growth. It’s another important way that Zayo is creating a vibrant, entrepreneurial, inclusive culture.