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Once thought of as a nice-to-have benefit for larger organizations, paid parental leave has quickly become a must-have for employers of all sizes. More of the workforce is demanding it — and the number of Indiana and U.S. employers offering this benefit continues to grow. Adopters of paid parental leave are discovering cost-effective policies that meet specific workforce needs.
Request a free custom benchmarking assessment and report. Our financial and healthcare analysts will compare your submitted data against Indiana benchmarks and analyze the results. One of our strategic advisors will follow up with you to present the findings. No fees or commitments required. Email us at [email protected].
For assistance with Paid Parental Leave Policies, contact us at [email protected].
of Indiana companies report offering paid
parental leave
29.8%
How do you compare?
MORE ORGANIZATIONS ARE ADOPTING
PAID PARENTAL LEAVE
MORE U.S. ORGANIZATIONS OFFERING PAID PARENTAL LEAVE EACH YEAR
OF THOSE INDIANA ORGANIZATIONS OFFERING PAID PARENTAL LEAVE, COVERAGES VARY
Maternity 26%
35%
21%
29%
20%
28%
13%
21%
6%12%
PaternityAdoptionFoster childSurrogacy
2016 2018
317.254.1600 | apexbg.comSOURCES: 2018 Employee Benefits (SHRM); Apex Benefits 2019 Indiana Employee Benefits Benchmarking Study; 4Regus – The Flexible Road to Workforce Productivity; Fox Business – Advantages of Flexible Work
Arrangements; Boston College; Center for Work & Family. Retrieved from www.bc.edu
of millennial new parents are willing to make a job change based on family benefits offered
83%MILLENNIALS
88% up to 12 weeks
55% up to 2 weeks
88% up to 12 weeks
MOMS
DADS
ADOPTIVE PARENTS
WHY OFFER PAID PARENTAL LEAVE? • Increased organizational commitment and
engagement• Opportunities for colleagues covering for
employees on parental leave to learn new skills• Lower incidence of maternal depression• Reduction in healthcare costs due to higher rates
of breastfeeding, which promotes infant health
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