Zuckerberg to take two months of paternity leave

Published November 22, 2015
Facebook, the world’s biggest online social network, allows its US employees to take up to four months of paid maternity or paternity leave.   — Reuters/file
Facebook, the world’s biggest online social network, allows its US employees to take up to four months of paid maternity or paternity leave. — Reuters/file

SAN FRANCISCO: Facebook Inc Chief Executive Officer Mark Zuckerberg said on Friday he will take two months of paternity leave after his daughter’s birth, a strong statement from one of the busiest and most powerful US executives on the importance of family time.

Silicon Valley technology firms have rushed to extend parental leave allowances and other benefits in an attempt to recruit and retain talent, but many workers do not take advantage for fear of falling behind at work or missing out on promotions.

Facebook, the world’s biggest online social network, allows its US employees to take up to four months of paid maternity or paternity leave, which can be used all at once or throughout the first year of their child’s life, a policy which is generous by US standards. Zuckerberg announced in July that he and his wife, Priscilla Chan, were expecting a baby girl.

A 2015 study by the Society for Human Resource Management found that 21 per cent of employers it surveyed offered paid maternity leave, and 17pc provided paid paternity leave.

“This is a very personal decision,” Zuckerberg wrote on his Facebook page, along with a picture of a stroller, a yellow baby carrier and his dog, Beast. “Studies show that when working parents take time to be with their newborns, outcomes are better for the children and families.” Zuckerberg, 31, did not say who would be running the company while he is out.

Published in Dawn, November 22nd, 2015

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

IMF’s projections
Updated 18 Apr, 2024

IMF’s projections

The problems are well-known and the country is aware of what is needed to stabilise the economy; the challenge is follow-through and implementation.
Hepatitis crisis
18 Apr, 2024

Hepatitis crisis

THE sheer scale of the crisis is staggering. A new WHO report flags Pakistan as the country with the highest number...
Never-ending suffering
18 Apr, 2024

Never-ending suffering

OVER the weekend, the world witnessed an intense spectacle when Iran launched its drone-and-missile barrage against...
Saudi FM’s visit
Updated 17 Apr, 2024

Saudi FM’s visit

The government of Shehbaz Sharif will have to manage a delicate balancing act with Pakistan’s traditional Saudi allies and its Iranian neighbours.
Dharna inquiry
17 Apr, 2024

Dharna inquiry

THE Supreme Court-sanctioned inquiry into the infamous Faizabad dharna of 2017 has turned out to be a damp squib. A...
Future energy
17 Apr, 2024

Future energy

PRIME MINISTER Shehbaz Sharif’s recent directive to the energy sector to curtail Pakistan’s staggering $27bn oil...