10 ms·
At some point (less than 52 weeks) if a $CxO gets sick, then you start investing in an alternative solution. I'm all for parental leave, but the parent account
by mbesto 8y ago
At some point (less than 52 weeks) if a $CxO gets sick, then you start investing in an alternative solution.
I'm all for parental leave, but the parent account poses a great question - how do you financially account for it? Vacation leave is easy - you allocate days and everyone gets them.
- otoburb 8y agoEven with governments paying for parental leave up to the cap, and often with Canadian companies in the talent war offering to "top-up" to X% (e.g. 80% of normal pay), it means that on average Canadian companies may not be as financially competitive compared to international companies operating in labour markets that do not need to offer as much parental leave (e.g. USA). It's a choice that Canadians (and other countries) have made based on the value Canada places on work-life balance that are simply different from other countries around the world that don't have similar policies. There's definitely a trade-off (societal value vs. economic firm competitiveness).