“Following Netflix’s Tuesday announcement that its employees can take a full year of unlimited, paid parental leave, Microsoft responded Wednesday with an extension of its own policy that will give mothers up to 20 weeks of paid parental leave. Microsoft said mothers and fathers can now take up to 12 weeks for parental leave and receive 100 percent payment. Microsoft added two new holidays to the company calendar, giving its employees Martin Luther King Day and Presidents Day starting in 2016. The company also beefed up its 401(k) benefits and said it will now match 50 percent of all employee deferrals.”
http://www.ibtimes.com/microsoft-extends-parental-leave-after-netflix-gives-new-parents-year-2040898
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