Tuesday, March 04, 2008

What I’m Hearing…Paid Family Leave

I heard on the radio this morning that New Jersey is in the process of passing a paid family leave bill. According to the plan, employees would be able to receive up to 6 weeks of paid family leave, at a maximum rate of $500 per week.

One cannot argue that America is not as progressive as other nations when it comes to paid leave and work/life balance. We have much room for enhancement. However, should the government mandate such programs? With a maximum payout of $3,000 under the New Jersey guidelines, would it make more sense for organizations to voluntarily offer such programs, or provide special bonuses of an equal or greater amount without government interference?

Retaining good employees is becoming more difficult every day. Examining options in the area of paid family leave may become a necessity for successful organizations to continue, without intervention from the government.

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