Congratulations, Mark! Following the birth of Mark Zuckerberg’s daughter, the Facebook CEO has revealed that all full time employees will be given four months of paid family leave, regardless of gender.
The change looks to affect new fathers and same-sex relationships the most. Facebook’s Head of HR explains, ‘it was the right thing to do for our people and their families’. It’s the latest shift by a business in the trendy tech crowd. Last month LinkedIn expanded its popular holiday initiative – no minimum or maximum number of days, and Spotify announced that all employees would receive six months paid parental leave.
Not all tech CEOs are following suit. Marissa Mayer, the CEO of Yahoo, has announced she’s expecting twins, and plans to ‘take limited time away and work throughout’. When she gave birth in 2012, a ‘limited’ time meant two weeks – a far cry from Yahoo’s allowance of 16 weeks. The media has expressed fears that Mayer’s desire to get back to work so early has set a precedent for women in the top positions of companies. Not everyone has the freedom to install a nursery in their office and if you’re not lucky enough to work at Facebook, maternity and paternity leave could come under pressure.
In other ‘worthy’ news from Facebook HQ, Zuckerberg and his wife, Priscilla Chan, have announced they’ll give away 99% of their Facebook shares, the equivalent to about $45bn, to charity through the Chan Zuckerberg Initiative. It sounds generous but not everyone is convinced.
This originally appeared in Moving Brands Wednesday 20151202.
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