It might not be as generous as Netflix’s unlimited parental leave policy announced in 2015, but Ikea is trying to keep up with a new expanded benefits policy.
The Swedish furniture company’s American division announced on Tuesday four months of paid parental leave for its salaried and hourly employees in the U.S.
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Starting Jan. 1, employees who have been with the company for at least a year can take advantage of the policy.
Those employees can take up to three months leave, at full base wage for the first six weeks and 50 percent after that, while workers with three or more years at the company can take up to four months’ leave, with eight weeks at full pay and eight weeks at half. Read more…