Yahoo CEO Marissa Mayer, who clamped down on employees working from home, has made a peace offering of sorts to working parents: Female employees will get 16 weeks paid maternity leave when they give birth. New dads will get eight paid weeks.
Parents who adopt a child or have a child through surrogacy will each get eight weeks paid maternity leave.
This represents a doubling of maternity benefits at Yahoo and brings the Sunnyvale-based tech company's policy closer to those of its rivals at Google and Facebook. NBC Bay Area was first to report this news.
Google offers 18 to 22 weeks of paid maternity and paternity leave to parents who have a child through child birth. Google offers seven weeks paid leave to parents who adopt or have a child through surrogacy.
Google offers parents $500 in "baby bonding bucks" to spend on take-out food after a baby is born. Google offers what it calls "near-site" child care and backup child care for when regular child care falls through.
Facebook offers four months paid leave to both mothers and fathers. Facebook also offers its employees $4,000 in cash to spend on a new baby per family.
Facebook also gives employees $3,000 per year to defer some of the costs of daycare or a nanny, but Facebook doesn't have onsite childcare at its offices in Silicon Valley or Austin, Texas.
Marissa Mayer built a nursery next to her office for her own newborn son, born shortly after she joined the company last year.
Source : bizjournals.com, Lindsay Riddell, May 1, 2013
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