Etsy's New Family Leave Policy Will Have You Jumping for Joy
Etsy just majorly expanded the paid time off it will offer both moms and dads after the arrival of a child.
If you're thinking about having a baby, you should probably go work for Etsy.
The company just stepped up its family leave policy. Beginning April 1, all employees at the Brooklyn-based DIY mega-marketplace will be allowed to take 26 weeks off after the arrival of a child via birth or adoption.
And when we say all employees, we mean all employees. Both women and men will be eligible for the six-month leave. And here's another kicker: Fully paid.
"Etsy employees will be eligible for 26 weeks of fully paid leave when they become a parent through birth or adoption, regardless of their gender, country of residence or family circumstance," wrote culture and engagement director Juliet Gorman in a blog post titled Strong Families, Strong Business: A Step Forward in Parental Leave at Etsy on the company website. "We want to support and enable parents, regardless of their gender, to play equal roles in building successful companies and nurturing their families."
The United States currently has no paid leave policy. Previously, Etsy offered primary caregivers 12 paid weeks off, and secondary parents only five paid weeks. Now there's no differentiating. The change comes on the heels of companies like Netflix, Spotify, and Facebook announcing they will give equal paid time off to both moms and dads.
"When my wife and I adopted our son nearly four years ago, I took the full five weeks of leave we offered at the time," Etsy CEO Chad Dickerson told Time.com. "It was the most important way I could have spent that time. Building a company is a team effort that includes the immense support we get from our families. I'm excited that our new leave policy will strengthen families and, as a result, the company as a whole."
- New parent? Sign up for our free Parents Daily for Babies newsletter