Following Netflix, Adobe Doubles Maternity, Parental Leave
Following the recent trend, the software company Adobe has announced an extension in the maternity leave it grants, making it the third company in the U.S. technology industry in a week to give new parents more paid time off.
Last week, Netflix Inc. and Microsoft Corp. announced an extension of their own parental leave. Microsoft extended its fully paid leave for new parents to 12 weeks, whereas Netflix said its employees could take up to 12 months of paid maternity or paternity leave in the first year after the birth or adoption of a child.
While not quite as extensive as the video streaming company’s offer, Adobe said on Monday it is doubling the maternity leave it traditionally grants. Now, the California-based firm will offer new mothers 26 weeks of paid leave, up from 12 weeks, and ‘primary caregivers’ will get 16 weeks of paid parental leave.
“At Adobe, we often say that our most important assets leave the building at the end of the day,” wrote Adobe SVP of people & places on the company blog today.
“Our employees are our intellectual property and our future. Now we will better support all of them, across a spectrum of age, gender and experience, with a diverse mix of family needs and situations. The investment is unquestionably worth it.”
Morris said the move is aimed to boost the diversity of Adobe’s workforce and to support employees during their major life changes.
Adobe has 13,500 employees globally, including 6,500 in the United States. About 30 percent are women.
Adobe’s new measures would come into effect on the 1st November.