Pinterest : introduces new and extended parental benefits for employees and supports national paid family leave
December 08, 2021 at 09:12 am EST
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Pinterest introduces new and extended parental benefits for employees and supports national paid family leave
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December 8, 2021
Company, News
As part of our work to advance a culture where employees feel supported to bring their full selves to work and create a life they love, we're announcing an update to our parental benefits and highlighting our support of a national paid family leave.
Parental leave & support updates
Beginning on January 1, 2022, employees will have:
20+ weeks global parental leave.Global parental leave will be offered at a minimum of 20 weeks for all parents to bond with their newborn or newly adopted child. In the U.S., leave for birthing parents has been extended to 26 weeks from 16 weeks. As has been in place, after leave, birthing and adoptive parents can gradually return to work over the course of four weeks and can work the equivalent of one full day per week for full pay.
12 weeks paid leave for NICU. A new policy allowing parents of newborns in the NICU (neonatal intensive care unit)to take 12 weeks paid leave as family care leave.
20 weeks and up to $10K for adoptive parents globally.Adoptive parents will have 20 weeks of paid leave (extended from 16 weeks in the U.S.), in addition to an increase of monetary assistance from $5,000 to $10,000.
Four weeks paid leave for pregnancy loss. A new policy offering four weeks of paid leave to parents who experience a loss through a miscarriage at any point in the pregnancy.
Global IVF & egg freezing.IVF & egg freezing will be available for all (two IVF cycles and egg freezing), extending globally from an existing U.S. benefit.
"This is one of the first companies we've heard of to provide dedicated leave to support NICU families. Keeping parents and NICU babies together during a hospital stay is critical to ensure the best possible outcomes for these families. This policy will have a powerful impact on the lives of so many, ensuring they thrive well beyond the NICU. We applaud Pinterest's leadership and hope other companies will follow suit to help meet the critical needs of NICU babies and their parents." -Keira Sorrells, Preemie Mom, Founder & Executive DirectorNICU Parent Network
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Pinterest Inc. published this content on 08 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 December 2021 14:11:09 UTC.
Pinterest, Inc. is a visual search and discovery company. The Companyâs primary service, Pinterest, can be accessed through its mobile application or the Web. People use Pinterest to find ideas. As they browse Pinterest content, Pins, they fine-tune their tastes and find the idea. Users interact with the platform in multi-session journeys to find inspiration, curate their latest look, plan their next project and shop from brands. It has approximately 498 million monthly active users across the world. Content on Pinterest comes from a variety of sources, including retailers, brands, creators, publishers and users. It acquires that content via a range of methods, including product catalog uploads, direct publishing, and user curation. Content formats include images that allow the user to click into an idea to learn more, videos that provide the steps of an idea, and products that brands and merchants upload from catalogs.
PINTEREST, INC. 
