Nike expands, adds to its paid family leave

Image
Reuters
Last Updated : May 12 2016 | 2:28 AM IST

(Reuters) - Full-time U.S. employees of Nike Inc. who are new parents or who are needed to care for sick family members are now eligible to receive eight weeks of paid leave, the world's biggest sportswear company said on Wednesday.

Birth mothers are now eligible for a minimum of 14 paid weeks of leave, Nike said, with more paid leave allowable if a doctor deems it medically necessary. Previously, birth mothers were allowed a minimum of six weeks paid leave to care for their newborns, said a company spokeswoman.

Fathers, adoptive parents and employees with sick family members had not been allowed paid leave under Beaverton, Oregon-based Nike's previous policy, but can now take up to eight weeks of paid leave.

The benefit changes apply to Nike employees who have a regular work schedule of 30 or more hours a week. Employees are eligible for the benefit on their first day of work, the company said.

More large employers are expanding paid leave policies. For example, Netflix Inc. said last year it would give its salaried employees up to 12 months of "unlimited" paid parental leave.

(Reporting by Melissa Fares; Editing by David Gregorio)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: May 12 2016 | 2:11 AM IST

Next Story