Benevity is a company that provides corporate giving, volunteering, and grant-making solutions for hundreds of Fortune 1000 companies worldwide. The organization takes pleasure in delivering meaningful and effective programming that enables businesses to increase access, qualify for corporate giving programs, and modernize how they handle and accept donations.
Regarding employee-specific benefits, Benevity offers a comprehensive shared parental leave incentive program that promotes healthy relationships between parent and child. The company’s parental leave program gives employees a bonding break of two weeks’ paid time off to the non-delivering parent, encouraging them to foster a deep and meaningful relationship with their children from a young age.
The company also offers short-term paid leave regardless of gender, a salary top-up to 100% salary for the parent who takes the leave, and a co-parenting bonus of one month’s salary for parents who share parental leave time.
This incentive promotes stronger relationships between parent and child to ensure both parents have the opportunity to be present during their child’s development, regardless of gender.
Shared Parental Leave Incentives
Benevity's DEI Program Offers Multiple Parental Leave Incentives
Trend Themes
1. Comprehensive Parental Leave Incentives - Companies are offering more comprehensive incentives for parental leave to promote work-life balance and healthy parent-child relationships.
2. Gender-neutral Parental Leave Policies - Organizations are offering gender-neutral parental leave policies to promote equality and inclusivity in the workplace.
3. Increased Emphasis on Family-friendly Benefits - Businesses are focusing more on providing family-friendly benefits to attract and retain employees.
Industry Implications
1. Human Resources - Human resources industry is adapting to new parental leave policies to meet the needs of modern employees.
2. Corporate Social Responsibility - Corporate Social Responsibility industry is recognizing the importance of work-life balance and family-friendly benefits for employees.
3. Childcare - Childcare industry is impacted by an increase in family-friendly benefits and policies, as it promotes closer relationships between parent and child.