IKEA US announced on Tuesday that effective January 1, 2017 it will offer a new parental leave policy for workers who are expanding their families, providing up to four months of paid parental leave.
This includes salaried and hourly workers, both mothers and fathers, and adoptive and foster parents. This expanded policy was introduced to ensure co-workers have the opportunity to bond with their children and connect as a new family.
“At IKEA, we believe time with family and friends is so important for a healthy work-life balance and a happy and productive workforce.” said Lars Petersson, IKEA US President. “This benefit, which applies to all parents, will give our co-workers the opportunity to spend more time with their families when welcoming a child. Our co-workers are our most important resource, which is why we continue to invest in helping them reach their dream.”
CNN writes that the change in policy comes as other companies adjust their paternal leave policies in an effort to modernize workers' benefits and increase employee retention. Last year, Netflix began offering parents "unlimited" paid leave for a year. Other tech companies like Adobe and Microsoft have also adjusted their parental benefits.
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Cox Media Group