Should Your Company Offer Extended Parental Leave? - HRIS Payroll Software
parental leave

Should Your Company Offer Extended Parental Leave?

By: Dave Rietsema
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Mark Zuckerburg recently announced that he would be taking two months of parental leave, adding “At Facebook we offer our U.S. employees up to 4 months of paid maternity or paternity leave which they can take throughout the year.” The move was in keeping with many recent company changes throughout the business, especially tech business, world. Spotify announced that they will offer a six-month parental leave, Netflix offers leave for up to a year, and many other companies have gotten on board.

The movement is gathering steam quickly and is becoming a point of competition for companies looking to gain the edge by recruiting and retaining top talent. Parental leave has also shown to be good for parents and families, and some evidence has shown that employees come back more focused after taking a little time off following the birth of a baby. If your company is looking to get ahead of the game on offering attractive paternal and maternal leave packages, HRIS can make it easier in several ways.

Automatically Calculating Leave

Calculating parental leave can become difficult if HR and payroll processes are completed manually or using disparate systems. An HR software system that keeps everything in one place and is capable of generating calculations automatically based on set rules can make leave calculation much simpler. This can save HR professionals valuable time while making the whole process flow more smoothly.

Keeping Track of Leave Time for Reporting

In addition to making sure that employees are paid properly, an HRIS can keep track of what time is worked versus what time is filed as paid leave. This can simplify reporting and can help to keep it more accurate. As more companies adopt extended parental leave policies, it may be worthwhile to know exactly where your company stands when it comes to how much leave time is actually used.

Contriving Complex Analytics for ROI Determination

It may be helpful to cross reference productivity and retention information with paid leave calculations in order to find out if the paid leave is indeed allowing better focus and improving employee loyalty. Using his type of cross referencing, it may be possible to actually put a number on the dollars spent on parental leave and compare that to the tangible gains that resulted from making the move. Of course, there may be other factors involved in retention and productivity, but the analytics could give a rough ROI estimate.

Simplifying Request and Communication Streams

Another way that HRIS can make the processes involved in offering paid leave easier is by giving managers and employees another avenue to communicate regarding future leave. If the system can keep track of requests and scheduling information, the leave dates can be put in well ahead of time so that managers have plenty of time to prepare. Managers and employees can also communicate using messaging at any time, making it more efficient to provide updates about changes or issues.

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