07 December, 2016
But it still falls shorts of the 68 weeks of paid leave new parents at Ikea receive in the company's home country of Sweden, where the government subsidizes workers' time off. In the US, paid leave after the short-term disability leave can be sparse.
The Swedish company, which is the largest furniture retailer in the world, said the parental leave benefits apply to birth mothers and also fathers, as well as adoptive and foster parents.
Ikea will significantly expand paid parental leave to up to four months for about 12,000 salaried and hourly employees in the USA, following similar overtures from tech companies like Netflix, as it strives to keep good workers in an improving job market.
The new policy still doesn't approach the even more expansive parental leave packages at Ikea's European operations, but like Ikea's minimum wage calculator, it's generous by us standards. Women's job review site Fairygodboss ranked the 160 US companies offering the most paid parental leave in 2016; none of them are traditional brick-and-mortar retailers.
IKEA is offering all its American employees up to four months of paid parental leave in a shake-up of staff benefits. Co-workers with three or more years' tenure can take up to four months of paid leave, receiving 100% of their base wage for the first eight weeks and 50% for an additional eight weeks.
MLB All-Star Game no longer determines Series start
Instead, that will be determined by which pennant victor had the better regular season record. So hey, good news for Miami, which plays host to the All-Star Game this coming season.
It is the latest push by the Swedish company to improve worker conditions in the U.S., one of the few thriving countries in the world where there is no nationwide law to support paid parental leave. Democratic nominee Hillary Clinton had proposed 12 weeks of paid family leave, while Donald Trump advocated for a 6-week maternity leave policy.
Google, which is regularly regarded among the best companies to work for, offers staff 18 weeks of paid parental leave and a further 12 weeks of "baby bonding" to take before a child's first birthday.
Netflix recently improved its parental leave policy to allow workers to take up to a year of paid leave after welcoming a child.
Still, "these companies don't represent what's happening in the USA labor market", said Ellen Galinsky, president of the Families and Work Institute, a nonprofit research group.