The policy, which provides four months of paid time off, will be provided to all new parents regardless of gender or location, starting January 1. Employees may take leave at any point up to a year after the birth of their child, Lori Matloff Goler, the company's head of human resources, said in a Facebook post.
Facebook currently offers only US-based workers up to four months of paid leave.
"We want to be there for our people at all stages of life, and in particular we strive to be a leading place to work for families," she added. "An important part of this is offering paid parental or 'baby' leave."
Goler said the new policy will primarily help new fathers and employees in same-sex relationships outside the United States, noting that it will not change maternity leave already available to employees worldwide.
Technology companies in Silicon Valley have been rushing to extend parental leave allowances and other benefits to help recruit and retain employees. Many high-tech workers, however, do not take advantage of such benefits for fear of falling behind at work or missing out on promotions.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)