Writing a Parental Leave policy for young tech start up. Any ideas on where I can find comparisons or what other series B tech start up parental leaves look like?

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The #showmeyoueleave movement can be a good place for you to start!

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Look at what you think is reasonable that you can afford. I work at a large tech company, but we give new mothers minimum 3 months off and new father's 2 months min.

likefunny

Thank you!

So a few follow up questions here.
- Are you looking at specific policy? Or what to offer as a benefit?
- What region of the country are you located? Are you distributed or centralized?
- Being in the series B stages are you able to really blow the doors off of your offering or still limited?
- What culture are you trying to build?
- what is your total rewards philosophy?

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Great questions.
- I’m looking for how many weeks we should offer
- we are dispersed and a hybrid workforce
- we are still a bit limited, but want to offer something generous and competitive leave
- we want to build an inclusive environment that retains working parents and emphasizes flexibility
- I’m not 100% sure of our total reward philosophy, that’s something that I definitely want to think about and explore more

Interested in seeing the feedback on this as well as we’re in the same position and also looking for guidance!

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From the employee point of view, maybe you can do a survey on what they want/need?

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Work at a startup and we get 16 weeks paid leave, both mom & dad!

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Would love to explore this too! We are a series B tech company and offer 4 weeks paid currently with a loose starting point at an additional 8 weeks off unpaid beyond that.

Looking to enhance our policy and also increase total rewards!

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My company is a large company but recently enhanced its program. Parental leave is 16 weeks. You can add on any paid family leave based on your work State. I’m NY, I could take 4 months leave and add up to 12 weeks paid family leave. The first 4 months are full salary. The paid family leave is considered unpaid leave by the company and you work through the state program. When i worked in tech startups- it was usually 12 weeks paid parental leave but vacation and sick days were more generous.

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Look to see what SHRM may have.

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I have some benchmarking data I can share if you want to send me a DM to connect. It won’t be tech/geographic specific but still good data.

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DM me so we can connect offline!

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I would start with what the state may have. For example, if a state has 6 weeks paid leave, you may be able to implement that. Salaries are budgeted for the entire year, so the money is available for employees to receive it, so it is a matter of your company’s pay philosophy.

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Some states have mandatory paid parental leave.

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Also, implement STD benefit, the benefit is very affordable, even for small businesses. Employer paid premium. From my experience, I think all you need is 5 staff to be on the plan. With a STD benefit, there is a wait time, but employees will be able to receive 60% salary on a weekly basis, average. Ask a lot of questions. Contact a small broker to assist you. Stay away from large insurance brokerage firms. Google small broker employer benefits.

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I'm in the UK but work for an international tech company. For our UK employees we've just enhanced maternity, shared parental and paternity, and introduced a fertility policy.

With the exception of the fertility, I got my data from a global benchmarking company, Willis tower Watson. It provider a detailed analysis of all kinds of leave and benefits offering, based on where you want to position yourself as a company - percentile to the market.

If you're UK based, happy to share my findings with you.

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