3 ms·
It wouldn't be much of a problem if there are better government organized programs in place. In fact, California's paid parental leave is funded by employees an
by tinbad 8y ago
It wouldn't be much of a problem if there are better government organized programs in place. In fact, California's paid parental leave is funded by employees and is a relatively small tax of 0.9% (over the first $110k of wages only)[1] that includes other disability pay.
[1] http://www.edd.ca.gov/Payroll_Taxes/Rates_-_Historical.htm http://www.edd.ca.gov/Payroll_Taxes/Rates_-_Historical.htm
- MattLaroche 8y agoI'm glad CA's PFL program exists, and by American standards, it's very good. But it only pays 60% of income, for 6 weeks, and up to a level under the salary of most in product-engineering-design in tech. Most tech companies true up salary above the PFL levels for those 6 weeks (and potentially pay 100% for more weeks), and in SF, truing up to 100% for those 6 weeks is required for companies above a certain size.
- kooshball 8y agoHow does vesting usually work if you take the extra CA PFL?
- MattLaroche 8y agoWhat do you mean by "extra" on "extra CA PFL"? Companies I am familiar with continue vesting through the full length of their paid parental leave.
- deleted 8y ago[deleted]