As employers wage the war for talent, many are finding new ways to attract and retain workers.
Efforts often revolve around work/life balance. Flexible hours, virtual offices and innovative leave policies are among the commonalities of 2019 Best Places to Work in Indiana companies. Check out BizVoice® magazine coverage of the 125 honorees and learn about 2020 registration at www.bestplacestoworkin.com. The deadline is November 15.
An extreme example in this area is paid grandparental leave. New media company Considerable (formerly Grandparents.com) has the details about an innovative program from a tech giant:
Those three days are more than other big U.S. employers provide, Stuart Rudner, employment lawyer and mediator at Rudner Law in Markham, Ontario, told Considerable.
“That is extremely rare,” Rudner said. “Very few organizations offer it, and if they would even consider it, it will usually be unpaid.”
Indeed, grandparental leave is hard to find, even on a global scale. Outside the U.S., DNA, a Finnish telecom company, offers a week of grandparental leave. And U.K supermarket chain Asda also allows grandparents a week off — but it’s unpaid.
In 2015, the U.K. government announced a plan to extend shared parental leave to grandparents, but it was put on hold in 2018.
All of which makes Cisco’s new policy a small but unique breakthrough, as company benefit packages evolve to attract top talent, especially in the tech field.
The initiative, which launched in November 2017, is currently accessible to 90% of the workforce.
Cisco employs about 73,000 people in more than 100 countries, more than half of them here in the U.S.