Analysis: Why even U.S. Steel is expanding paid family leave
New benefits at U.S. Steel, which apply to its roughly 3,200 employees who are not union members, include coverage for infertility treatments, a matched contribution to dependent care spending accounts, longer bereavement leave, domestic partner coverage and reimbursement of some adoption expenses, among others. By Jena McGregor Jena McGregor Reporter covering leadership issues in the headlines Email Bio Follow March 21 at 1:44 PM United States Steel Corp.
Companies also don’t want to be behind the curve if a federal paid leave policy finally gains traction, adding a national mandate to a growing number of states or municipalities that require paid leave. “There’s absolutely an appetite to not want to be the last one standing,” she said. In October, tobacco company Reynolds American said it would offer 16 weeks of paid leave to new parents, as well as the ability to work a flexible work arrangement for up to eight months after a return to work. Effective in January, General Mills expanded its paid parental leave benefits for salaried and non-union employees from six weeks to 18 to 20 weeks for birth mothers; other parents now receive 12 weeks, up from two weeks before.
“We have reached a tipping point,” said Brianna Cayo Cotter, chief of staff for Paid Leave for the United States, an advocacy group. She said Walmart’s expansion of hourly workers’ paid leave benefits in early 2018 was a wake-up call that prompted many employers to compare their plans to the retail behemoth, no longer able to shrug off more generous leave as a lush perk reserved for Silicon Valley engineers or management consultants.
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