2023 Sustainability Report
INTRODUCTION OUR CLIENTS OUR PLANET OUR PEOPLE AND COMMUNITIES OUR BUSINESS ACKNOWLEDGEMENTS ABOUT THIS REPORT APPENDICES
2023 SUSTAINABILITY REPORT | 92
GLOBAL PARENTAL LEAVE AND BENEFITS ADDITIONAL INFORMATION
2023 Parental Leave Additional Information
Number of weeks of fully paid primary parental leave offered (employees over 12 months tenure)
Avg. of 9.1 weeks
31 countries with the primary parental leave of absence benefits. 96.8% of active employees are in a country that offers a "primary" parental leave benefit Benefit and eligibility varies by country
Number of weeks of fully paid secondary parental leave offered
Avg. of 2.6 weeks
29 countries with the secondary parental leave benefits. 95.6% of active employees are in a country that offers a "secondary" parental leave benefit
Parental leave retention rate
89% globally for women
Reaching 90% of active employees in countries with parental leave utilization
Back-up family care services provided
127 days utilized (U.S. only)
Benefit offered in 10 countries. 74% of active employees are in a country with a back-up care benefit offered
Notes:
> Metrics represent active employees, and benefit eligibility varies by country. > Average number of weeks was calculated based on a weighted average of benefits by country and relevant percentage of the population. > Employee data and management team data in this report is as of December 31, 2023 unless otherwise indicated. Board data is as of the date of publishing of this report. Certain employee data reported may vary slightly from previously reported numbers due to the timing of data extraction.
Definitions:
> Primary parental leave offered indicates the number of weeks of fully paid primary parental leave (or maternity leave) for employees globally (provided by the firm and/or government). > Secondary parental leave offered indicates the number of weeks of fully paid secondary parental leave (or paternity leave) for employees globally (provided by firm and/or government). > Parental leave retention rate is the percentage of women employees that remained employed by the company 12 months after their return from parental leave out of all women employees that used parental leave during the previous fiscal year. > Back-up family care services indicates whether the company offers back-up family care to assist when there is a gap in regular care arrangements, or a subsidy to assist with the cost of care of a family member, to employees. Flexible spending accounts (FSAs), to which the company does not contribute, do not qualify as a family care subsidy. Can include support offered through government services.
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