Monday, November 18, 2019

Prince Harry will reportedly take 2 weeks of paternity leave and research shows why thats so important

Prince Harry will reportedly take 2 weeks of paternity leave and research shows why that's so important Prince Harry will reportedly take 2 weeks of paternity leave and research shows why that's so important Prince Harry will reportedly  take two weeks  of paternity leave when his wife, Meghan Markle, gives birth.A friend of the Prince is reported to have said, “He doesn’t need to take paternity leave because he doesn’t work in the way most people do, but he thinks it’s a very modern dad thing to do.”Follow Ladders on Flipboard!Follow Ladders’ magazines on Flipboard covering Happiness, Productivity, Job Satisfaction, Neuroscience, and more!The news about the royal family serves as a reminder of how difficult it can be when paid family leave isn’t an option. Becoming a new parent is a huge undertaking, and  the situation becomes infinitely more challenging  for parents forced to take unpaid family leave.What’s perhaps most frustrating is the abundance of research that often goes ignored. These studies illustrate how beneficial paid parental leave can be not just for parents, but also for children, society, and companies, too.Luckily for some, a few companies have taken not e. At Netflix, for example,  new moms and dads  can take off as much time as they want during the first year after their child’s birth or adoption.But while extended paid leave for new parents is a  hot trend  for  major tech giants, only 35% and 29% of companies offered some paid maternity and paternity leave, respectively, in 2018, according to the  Society for Human Resource Management.Under the Family and Medical Leave Act (FMLA) of 1993, qualifying American parents are guaranteed 12 weeks of family leave to care for a new child.While the law requires companies with 50 or more employees to provide new parents with 12 weeks of leave, it doesn’t require this leave to be paid. In fact, the US is the  only country  in the developed world that doesn’t mandate paid maternity leave.This policy  is also restricted to full-time employees who have been with the company for more than a year, which, all told, applies to about 60% of workers in the US.The US Department of Agriculture   finds that parents spend, on average, between $12,350 and $13,900 a year on child-rearing expenses. And big-ticket items like furniture and medical expenses add up quickly. Without the guarantee of paid leave while caring for a child, many new parents are faced with the choice between economic hardship and returning to work prematurely.People who don’t get paid leave often have a hard time making ends meetAccording to a  2012 report from the US Department of Labor on family and medical leave, about 15% of people who were not paid or who received partial pay while on leave turned to public assistance for help. About 60% of workers who took this leave reported it was difficult making ends meet, and almost half reported they would have taken longer leave if more pay had been available.“Support for motherhood shouldn’t be a matter of luck; it should be a matter of course,” YouTube CEO Susan Wojcicki wrote in  an op-ed for the Wall Street Journal. “Paid maternity leave is good for mothers, families and business. America should have the good sense to join nearly every other country in providing it.”Wojcicki reported the rate at which new moms left Google fell by 50% when in 2007, the tech giant increased paid maternity leave from 12 weeks to 18 weeks. “Mothers were able to take the time they needed to bond with their babies and return to their jobs feeling confident and ready. And it’s much better for Google’s bottom line - to avoid a costly turnover, and to retain the valued expertise, skills, and perspective of our employees who are mothers.”In 2004, California became the first state to implement a paid-family-leave policy that enabled most working Californians to receive 55% of their usual salary (up to $1,104) for a maximum of six weeks.Since then, only New Jersey and Rhode Island have actualized similar programs. (Starting in 2020, Washington state will require employers to provide some paid parental leave.)Paid family leave may benefit bus inessesAccording to a  report from the President’s Council of Economic Advisers, more than 90% of employers affected by California’s paid family-leave initiative reported either positive or no noticeable effect on profitability, turnover, and morale.Another  study, from the Center for Women and Work at Rutgers University,  found that women who took advantage of New Jersey’s paid-family-leave policy were far more likely to be working nine to 12 months after the birth of their child. The study also found these women to be 39% less likely to receive public assistance and 40% less likely to receive food stamps in the year following a child’s birth, compared to those who didn’t take any leave.A study of European leave policies by the University of North Carolina  found that paid-leave programs can substantially reduce infant mortality rates and better a child’s overall health.And  research out of The Institute for the Study of Labor (IZA) in Bonn  indicates higher education, IQ, and income levels in adulthood for children of mothers who used maternity leave - the biggest effect comes for children from lower-educated households. The researchers cited this as a significant discussion for policymakers to have, as it could reduce the existing gap in education and income in the US.Paid paternity leave is important, in addition to paid maternity leaveThere’s plenty of evidence that supports the effectiveness of paid paternity leave, too.A  study by Boston College’s Center for Work Family  found that 86% of men surveyed said they wouldn’t use paternity leave or parental leave unless they were paid at least 70% of their normal salaries.But  research out of Israel  shows the more leave men take to care for children when they’re young, the more the fathers undergo  changes in the brain  that make them better suited to parenting. And a  study by two Columbia University Social Work professors  found that fathers who take two or more weeks off after their child is born are more involved in their child’s care nine months later. Simply put, paid paternity leave can help foster better father-child relationships.And the more leave fathers take, the more mothers’ incomes increase. In Sweden, where fathers must take at least two months off before the child is 8 years old to receive government benefits, researchers saw  mothers’ incomes increase almost 7% for every month of paternity leave their husbands took.As  President Barack Obama once said during a weekly addresses, “Family leave, childcare, flexibility - these aren’t frills. They’re basic needs. They shouldn’t be bonuses - they should be the bottom line.”This article first appeared on Business Insider.You might also enjoy… New neuroscience reveals 4 rituals that will make you happy Strangers know your social class in the first seven words you say, study finds 10 lessons from Benjamin Franklin’s daily schedule that will double your productivity The worst mistakes you can make in an interview, according to 12 CEOs 10 habits of mentally strong people

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