Advertising
Advertising

Why Companies Should Value Parental Leave (For Both Men And Women)

Why Companies Should Value Parental Leave (For Both Men And Women)

My recollection of requesting parental leave was nothing short of a nightmare. There were lots of forms and paperwork to go through–not to mention the amount of planning, preparing, budgeting and coordinating efforts for the arrival of a newborn. Plus it is a stressful situation and conversation to have when you approach the company’s Human Resources (HR) department or manager in charge to request parental leave.

Depending on your professional track record, the company you work for and length of time you are requesting, the level of apprehension about requesting a leave of absence naturally skyrockets.

Parental leave is one of the crucial and pivotal moments for practically new or existing parents to deal with. Why? There are layers and layers of complications when it comes to trying to balance family and work life.

When it comes to accommodating paid leave there are a couple of harsh realities hitting the workforce at the present time. According to the Department of Labor (DOL) just 12 percent of United States (U.S) private sector workers have access to paid family leave through the company they are employed.

Advertising

Evidently taking time off from work means loss of income. What ends up happening is too many workers cannot afford to be on parental leave and cut it short. So the pressures not only mount at work to make up for lost time, but also disrupts your time with family, which becomes a whole other issue.

Benefits and advantages of paid leave

Once an employee has proven his place and worthiness within a company, independent of size, they should be entitled to parental paid leave. This is not a matter of economics or number of hours he or she has accrued. It is about the well-being of parents and maximizing their living conditions.

This can be done in a number of ways. When we reserve enough resources for a parental leave request through a company you will retain your best and most talented in the company, while at same time eliminate the risk of turnover. According to a CIO Magazine analysis, when companies adopt a parental leave policy the work options for parents lead to higher employee engagement and retention.

In both cases, paid paternity and maternity leave brings with it numerous and favorable payoffs. Below is a list of the positive effects of paid leave asserted by the DOL:

Advertising

  • Maternity leave overall improves the child´s health outcomes and increased birthweight.
  • Leave decreases premature birth and decreased infant mortality.
  • Paid leave encourages men to take paternity leave and serve as good caregivers.
  • Paid maternity leave increases work retention and reduces retention.
  • Paid paternity leave encourages men to be better caregivers.

It is essential for the current employee workforce to have the conditions and financial support for parental or maternal leave. This will not only help parents, but companies will reduce expenses for training and hiring new staff. Currently states like Massachusetts, California, New Jersey, Rhode Island, Connecticut and various cities have passed legislation for paid family and medical leave.

Parental paid benefits around the globe

Parental employment benefits outside of the U.S is a different narrative altogether. A visual graphic on Visual.ly paints a picture of the top countries for maternity and paternity leave, including the nations with the least amount of days to take leave.

So who are the countries with the top rank for parental (maternity) leave? They are as follows, including the maximum length of leave (days):

  • Croatia  (406 days)
  • Albania (365 days)
  • Australia (365 days)
  • Bosnia and Herzegovina (365 days)
  • Montenegro (365 days)
  • Serbia (365 days)
  • UK (365 days)
  • Norway (322 days)

On the other hand, here are the 10 worst countries when it comes to maternity leave:

Advertising

  • United States (84 days)
  • Lesotho (84 days)
  • Swaziland (84 days)
  • Nepal (84 days)
  • Libyan Arab Jamahiriya (50 days)
  • Qatar (50 days)

The paternity paid leave length for men is far less in comparison. For the top 10 countries for paternity leave you have Iceland (91 days), Norway (70 days), Spain (28), Finland (18 days), Slovenia (15 days), Azerbaijan (14 days) and others.

Momentum has shifted since legislation began promoting and advocating parental leave. Between 1994 and 2013 countries that provided at least 14 weeks of maternity leave increased from 38 to 51 percent. Up until last year, eight countries offer incentives to encourage new fathers to take parental leave.

Takeaways and conclusion

As the 21st century continues to be flooded with innovation and technological tools for the workplace, progress must be made primarily with regards to parental policies before anything else. Legislative action must introduce and approve the ability to really tackle the harsh reality and financial burdens of parental leave. Otherwise you are forcing people to improvise on their own without any sort of support during these important personal events. One natural consequence is this will lead to and perhaps discourage young professionals from starting families.

From coast to coast in the U.S things have begun to change. In a detailed news report by the New York Times corporations are shifting to more family-friendly benefits. For example, companies for Accenture and Microsoft would be implementing generous parental leave rules. The tech streaming giant, Netflix, recently instituted a full paid leave measure for new mothers and fathers for up to 365 days.

Advertising

Still there is much work to be done. Drafting company policies tailored towards new parents will strengthen the families, balance work and family life, allow for a full recovery and better control of finances.

Featured photo credit: Winter Day 10 – Seeking balance/lisaclarke via flickr.com

More by this author

Anthony Carranza

Multilingual writer and journalist covering all things technology and productivity.

10 Smartest Productivity Software to Improve Your Work Performance Best 5 Language Learning Apps to Easily Master a New Language How to Start an Online Business That Will Grow and Succeed 11 Google Chrome Apps and Features to Help You Get More Done with Less Effort 15 Smart Ways to Approach Interpersonal Relationships at Work

Trending in Work

1 20 Inspiring Vision Statement Examples (2019 Updated) 2 How to Find Work Motivation When You’re Unfulfilled at Work 3 The Ultimate Work Skills List to Help You Change Careers 4 What Makes A Great Place to Work Whilst Pregnant 5 The Only Way a Short Term Career Goal Will Lead You to Your Dream Job

Read Next

Advertising
Advertising
Advertising

Last Updated on March 12, 2019

20 Inspiring Vision Statement Examples (2019 Updated)

20 Inspiring Vision Statement Examples (2019 Updated)

There is normally a lengthy list of things you need to consider when starting a business, and if you don’t manage them properly, your excitement can quickly turn into overwhelm. What can support you to stay inspired and on the right track when starting out? You guessed it: this is your vision statement.

What Is a Vision Statement?

A vision statement is like a photograph of your future business, which gives your business shape and direction.

A vision statement provides the direction and describes what the founder wants the organization to achieve in the future; it’s more about the “what” of a business. It is different from a mission statement, which describes the purpose of an organization and more about the “how” of a business.

If you were to take a photo of your future business now, what would it look like? What do you want your business to be recognized for one day?

You need to have a crystal clear vision when you start out, otherwise you can get easily lost in deciding the best way forward. When you are making strategic decisions for your business and even daily operation decisions, your vision statement will give you the inspiration and targeted direction you need.

The Importance of a Vision Statement

Without a vision statement, your business will lack motivation to keep going.

If you don’t aim for anything, you might not hit anything. The more specific and clear you are, the better your chances are at seeing your vision turn into reality.

The importance of a vision statement cannot be overlooked; not only does it provide long term direction and guidance, but it also gives you the inspiration and the necessary energy to keep going when you feel lost.

Always keep your vision statement alive by revisiting it regularly and communicating your vision with other members of the team, to inspire and motivate them as well.

How to Craft an Inspiring Vision Statement

1. Dream big and use clear language

An inspiring vision statement should inform a clear direction and priorities for the organization, while challenging all the team members to grow together. Based on our expert sources’ advice, we’ve got some great tips for you:

  • Imagine how you want the business to be like in five to ten years.
  • Infuse the business’ values in the statement.
  • Make sure that the statement is implying a clear focus for the business.
  • Write your vision statement in the present tense.
  • Use clear and concise language.
  • Ensure the statement is easily understood.

There are many different types of vision statements and there is no wrong or right way to do it. The most important thing is to resonate with it. It will always inspire you and give you a clear targeted direction.

2. Get inspirations from the successful companies.

Having researched on a number of successful companies’ vision statements, I’ve shortlisted 20 good examples for the new startups:

Short vision statements made up of a few words only:

1. Disney

To make people happy.

2. Oxfam

A just world without poverty.

3. Ikea

To create a better every day life for the many people.

Quantitative statements are based on numbers, quantities:

4. Microsoft

Empower every person and every organization on the planet to achieve more.

    5. Nike

    Bring inspiration and innovation to every athlete* in the world. (*If you have a body, you are an athlete.)

      Qualitative statements are based on qualities that you want to have:

      6. Ford

      People working together as a lean, global enterprise to make people’s lives better through automotive and mobility leadership.

      7. Avon

      To be the company that best understands and satisfies the product, service and self-fulfillment needs of women—globally.

      Competitor based statements – this type is becoming less common, but famous examples are:

      8. Honda – in 1970

      We will destroy Yamaha.

      9. Nike – in 1960s

      Crush Adidas.

        10. Philip Morris – in 1950s

        Knock off RJR as the number one tobacco  company in the world.

        Role Model Vision Statements – using another company as an example:

        11. Stanford University – in the past

        To become the Harvard of the West.

        12. Reach for Success – in the past

        To become the next Tony Robbins in self development.

        Internal Transformations vision statements:

        13. Apple

        To produce high-quality, low cost, easy to use products that incorporate high technology for the individual.

        14. Giro Sport Design

        To make sure that riding is the best part of a great life.

        15. Tesla

        To accelerate the world’s transition to sustainable energy.

        16. Sony

        To be a company that inspires and fulfills your curiosity.

        17. Facebook

        To give people the power to share and make the world more open and connected.

          Longer and more detailed vision statement:

          18. Walmart

          To give customers a wide assortment of their favorite products, Every Day Low Prices, guaranteed satisfaction, friendly service, convenient hours (24 hours, 7 days a week) and a great online shopping experience.

          Advertising

          19. Coca Cola

          To achieve sustainable growth, we have established a vision with clear goals:

          Profit: Maximizing return to share owners while being mindful of our overall responsibilities.

          People: Being a great place to work where people are inspired to be the best they can be.

          Portfolio: Bringing to the world a portfolio of beverage brands that anticipate and satisfy peoples; desires and needs.

          Partners: Nurturing a winning network of partners and building mutual loyalty.

          Planet: Being a responsible global citizen that makes a difference.

            20. Heinz

            Our VISION, quite simply, is to be: “The World’s Premier Food Company, Offering Nutritious, Superior Tasting Foods To People Everywhere.” Being the premier food company does not mean being the biggest but it does mean being the best in terms of consumer value, customer service, employee talent, and consistent and predictable growth.

            The Bottom Line

            Remember, always keep your vision statement up-to-date to direct your company’s actions.

            Remember, once you reach your vision, it needs to be changed. General Motors overtook Ford as #1 automotive company in the world because once Ford’s goal was reached, they never updated it.

            Keep your vision statement alive and visibly in front of you, revisit it and let it help direct your actions and activities. This is the fun part: this is where you get to dream really big and allow your imagination to fly as high as you want.

            Don’t hold back, let your creative juices flow and give yourself permission to explore what is possible for your business.

            Advertising

            To your success!

            Read Next