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I know the question was for Citi, just to share though Fidelity has 12 weeks payed paternity or adoptive parent leave and 16 weeks maternity leave. Can be broken into 4 blocks or all at once and must be used within 12 months of birth/adoption.

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Wow I have never heard of that may weeks of paternity leave. What an amazing policy. That is really good to know. Thank you for sharing.

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Citi1, so its 8 weeks , not 1 month as some stated above ?

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I assume it probably depends on line of business. If revenue generating I could see how taking 2 months off would be "frowned upon" but if that's the impression you're really getting from your leadership then I would honestly look elsewhere. We have the benefit here so might as well take advantage of it. If/when I'm fortunate to have another child, I definitely plan on taking it. There's even an option to take an additional 16 weeks unpaid.

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Last I knew it was 1 month of paternity leave at Citibank.

I don't think the paternity leave is that great at citi personally, just the standard 1 month

At Citi, we have paid pregnancy leave (PPL) and paid parental bonding leave PPBL). PPL is defined as the mother giving birth. They will have 8 weeks of disability/recovery and 8 weeks of PPBL. PPBL aka "paternity leave" is just the 8 weeks.

Citi's paternity leave policy could definitely usw some more work. Others have it better. We only have the standard 4-8 weeks.

It's 8 weeks. Not great but better than it used to be.

Didn’t BoA get sued for this? Thought you have to have a parental policy that applies universally?

Make sure you take a look at both the unofficial practices in addition to official policies. While I'm not with Citi, I did end up leaving finance altogether due to my experience.

My org gave 12 weeks, only 2 paid but at the time we had unexpiring, accruing sick leave so I was able to take all 12 weeks paid. Before leaving I was on the fast track and was running my own regions. After taking the leave I was considered unreliable and undedicated and my career took a negative trajectory.

On the upside I negotiated a stout separation and moved into the tech space where I'm making 2-3x, work from home, and am able to prioritize my family when I deem necessary.

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