To be somewhat fair this is still an amazing benefit: “It’s now capping parental leaves at six months and giving parents a taxable $20,000 stipend to defray the costs of childcare.” In the context that they are doing this while few other American organizations do it, and not that many other countries do something this generous.
Bill and Melinda Gates Foundation backtracks on one-year parental leaves
21–30 of 412 posts
Re: Bill and Melinda Gates Foundation backtracks on one-year parental leaves
#22> [heading] How do they manage in Canada? > In Canada, companies have had no option but to make 52-week parental leaves work, when requested, since 2000. The question Canadian companies ask isn’t “Can we do it?” but “How do we do it?” Okay, so... how do they do it? They never answer the question. If you have say, a CFO or a specialist mechanic (that you only need 1 of, but definitely need) and they take a year off, w…
We hire interims or share responsibilities between other members of the team. It happens all the time and we rarely find an issue with this. If any company is run in such a way that bus-factor means the company can't thrive with one person gone you're simply doing it wrong.
This is obviously true for startups and small restaurants, especially ones without gobs of VC funding.
Is the solution just to exclude companies that cannot get by without doing this? In other words, make sure certain kinds of startups and small businesses are not possible?
Re: Bill and Melinda Gates Foundation backtracks on one-year parental leaves
#23> [heading] How do they manage in Canada? > In Canada, companies have had no option but to make 52-week parental leaves work, when requested, since 2000. The question Canadian companies ask isn’t “Can we do it?” but “How do we do it?” Okay, so... how do they do it? They never answer the question. If you have say, a CFO or a specialist mechanic (that you only need 1 of, but definitely need) and they take a year off, w…
Conclusion: there's a small negative impact on the hiring of women, but it's more than compensated by women being less likely to leave companies that provide them a longer maternity leave.
0: https://scholar.harvard.edu/files/nsarin/files/20170821_jobp...
Re: Bill and Melinda Gates Foundation backtracks on one-year parental leaves
#24Re: Bill and Melinda Gates Foundation backtracks on one-year parental leaves
#25Earlier quoted context omitted.
Except on a global scale.
That's why I'm opposed to free trade and want fair trade instead. Like, it's not wrong for e.g. EU to impose a tax on products/services produced by companies abroad that have much less strict environmental/employment laws.
Re: Bill and Melinda Gates Foundation backtracks on one-year parental leaves
#26> [heading] How do they manage in Canada? > In Canada, companies have had no option but to make 52-week parental leaves work, when requested, since 2000. The question Canadian companies ask isn’t “Can we do it?” but “How do we do it?” Okay, so... how do they do it? They never answer the question. If you have say, a CFO or a specialist mechanic (that you only need 1 of, but definitely need) and they take a year off, w…
What do you do if your single point gets sick or quits?
As a business you need a backup (plan).
Re: Bill and Melinda Gates Foundation backtracks on one-year parental leaves
#27More worryingly, what kind of incentive does this set up? Obviously, it would force companies to adopt policies that overall reduce the reproduction rate of society. This can hardly be said to be a good thing. The number of children my wife and I have should be determined by our ability to support them and our willingness to have them. I am perfectly able to support children with my salary, and I'd prefer to spend my time making that salary, rather than having it handed to us.
Nevertheless, the main reason I am against them is that it removes all incentives from employers (and government, by extension) to make things better for parents that are actually working. I'd rather have a more flexible schedule and more vacation than one year of parental leave. Or to live in a society where only one parent has to work.
Re: Bill and Melinda Gates Foundation backtracks on one-year parental leaves
#28As a parent, I would much rather take that year and use it to shorten my normal working week for as long as possible. With 260 working days a year, you could work 4 days a week for the first five years of your child's life.
Re: Bill and Melinda Gates Foundation backtracks on one-year parental leaves
#29> [heading] How do they manage in Canada? > In Canada, companies have had no option but to make 52-week parental leaves work, when requested, since 2000. The question Canadian companies ask isn’t “Can we do it?” but “How do we do it?” Okay, so... how do they do it? They never answer the question. If you have say, a CFO or a specialist mechanic (that you only need 1 of, but definitely need) and they take a year off, w…
We hire interims or share responsibilities between other members of the team. It happens all the time and we rarely find an issue with this. If any company is run in such a way that bus-factor means the company can't thrive with one person gone you're simply doing it wrong.
https://marginalrevolution.com/marginalrevolution/2019/01/pr...
>We find that the average premature death of a million-dollar-earning owner causes an 82% decline in firm profits.
Granted, this is a slightly different question regarding owner/managers.
Re: Bill and Melinda Gates Foundation backtracks on one-year parental leaves
#30> [heading] How do they manage in Canada? > In Canada, companies have had no option but to make 52-week parental leaves work, when requested, since 2000. The question Canadian companies ask isn’t “Can we do it?” but “How do we do it?” Okay, so... how do they do it? They never answer the question. If you have say, a CFO or a specialist mechanic (that you only need 1 of, but definitely need) and they take a year off, w…
>If you have say, a CFO or a specialist mechanic (that you only need 1 of, but definitely need) and they take a year off, what do you do? Just go without a CFO/mechanic for the year? Or do you start the hiring search, bring in another person as a temp CFO for a year? What do you do if your single point gets sick or quits? As a business you need a backup (plan).
If they get sick, many companies are on a timer. Specialist work backs up, projects get delayed, extensions are filed, and so on. If a sickness was expected to last a month or a year, I would expect non-trivial problems to arise.