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

Weathering the storm
Updated 29 Apr, 2024

Weathering the storm

Let 2024 be the year when we all proactively ensure that our communities are safeguarded and that the future is secure against the inevitable next storm.
Afghan repatriation
29 Apr, 2024

Afghan repatriation

COMPARED to the roughshod manner in which the caretaker set-up dealt with the issue, the elected government seems a...
Trying harder
29 Apr, 2024

Trying harder

IT is a relief that Pakistan managed to salvage some pride. Pakistan had taken the lead, then fell behind before...
Return to the helm
Updated 28 Apr, 2024

Return to the helm

With Nawaz Sharif as PML-N president, will we see more grievances being aired?
Unvaxxed & vulnerable
Updated 28 Apr, 2024

Unvaxxed & vulnerable

Even deadly mosquito-borne illnesses like dengue and malaria have vaccines, but they are virtually unheard of in Pakistan.
Gaza’s hell
Updated 28 Apr, 2024

Gaza’s hell

Perhaps Western ‘statesmen’ may moderate their policies if a significant percentage of voters punish them at the ballot box.