From CNBC: 2024-05-10 18:04:14

In the United States, parents are struggling to balance work and caregiving responsibilities. Companies offering paid parental leave, quality health care, and equal pay are sought after. Just Capital has identified the top companies meeting these needs: Goldman Sachs, American Express, Deckers Outdoor, S&P Global, and Splunk. These companies offer benefits like 20+ weeks of paid parental leave and backup subsidized dependent care.

S&P Global stands out with 26 weeks of paid parental leave, benefiting employees like Lauren and Mario Washington. Taking parental leave together after their second daughter’s birth allowed them to focus on family and well-being. However, the Society for Human Resource Management suggests that providing paid parental leave comes with direct and indirect costs. They argue that the long-term benefits may outweigh the expenses.

Companies are making efforts to promote equity in the workplace. Deckers Outdoor aims for gender parity in leadership by 2030, while Goldman Sachs sets hiring goals for women in entry-level and senior management positions. S&P Global emphasizes investing in their people as a key to their success. Meeting the needs of working parents and caretakers is crucial for employee retention and overall company success.



Read more at CNBC: Goldman, American Express are among top companies for parents: study