Happy Mother’s Day!
May 13 is Mother’s Day in the US, Australia and Canada. As such, it feels apropos to recognize the latest initiatives in the US and around the world aimed at increasing opportunities at work for working mothers (and caregivers more generally). Government-mandated maternity, paternity and parental leave and benefits, as well as robust childcare and eldercare infrastructure are among the most effective public policy investments for promoting gender parity in the workforce. As employers strive to retain working parents and increase female representation in corporate leadership roles, this article highlights how parental leave rights and related benefits are changing to reduce the burden of work-family conflicts on women and encourage men (and even grandparents!) to avail themselves of paternity leave and/or parental leave.
While the intended effects of new legislation in this area are of course positive, it can be challenging for US and multinational employers to navigate the patchwork of statutory requirements that offer varying entitlements based on differing circumstances. Even beyond managing simple compliance, many multinational employers also feel the pressure to stay competitive in the war for talent and to create human resources policies that can be managed centrally in a streamlined fashion, while also locally compliant in jurisdictions outside of the US.
Please click HERE to read our article. We focus on recent entitlements and related benefits made available to employees who manage caregiving responsibilities outside of work and share the updates multinationals need to know.
For more details, please contact your Baker McKenzie lawyer.