COMP NEWS – Nearly two in three Americans believe that employees should believe provide paid parental leave to both primary and secondary caregivers for new children. But a new survey finds that only 1 in 10 companies follow that policy.

While 64% of Americans believe it is necessary for employers to provide at least 12 weeks of paid parental leave to both primary and secondary caregiving workers to promote workplace gender equity, only about 1 in 10 companies has such a policy, according to a report released Thursday by research nonprofit JUST Capital. 

 

JUST Capital looked at the Russell 1000 companies for its analysis. It found that while most (60%) disclosed a paid parental leave policy as of September 2022, only around 40% disclosed the specific number of weeks offered to primary and secondary caregivers. Those making disclosures in each category increased from the year prior, however.

The survey found that the industries with the highest number of disclosed weeks of paid parental leave were the internet and software industries, averaging nearly three to four months on average.

JUST Capital also broke out their analysis by industry, finding that the five highest disclosure rates came from oil and gas, internet, transaction processing, banks and clothing and accessories. The lowest disclosure rates came from the commercial vehicles and machinery and transportation industries.

 

The internet and software industries had the highest number of weeks’ paid parental leave, with the internet industry averaging 18 weeks for primary caregivers and 17 weeks for secondary caregivers, and the software industry averaging 16 and 12 weeks, respectively. Transportation and healthcare rounded out the bottom of the list, offering on average six and four weeks and four and four weeks, respectively.

To read more about the survey, click here.

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