The construction industry is comprised of nearly all men – 89.2% to be exact – making it the perfect industry to support its workers by offering paid or extended parental leave.
According to the Bureau of Labor Statistics (BLA), only 27% of the US workforce gets paid family leave.
And while the Family and Medical Leave Act (FMLA) stipulates that nearly all workers can take unpaid, job protected leave, many can’t afford to. The BLA notes that only 14% of workers in the lowest 25% wage category receive the benefit of paid leave.
As Father’s Day approaches, providing extended parental leave benefits, including paid leave, can help dads better support their families.
The federal FMLA allows eligible employees to take unpaid, job-protected leave for specified family and medical reasons while keeping their health insurance coverage. The FMLA allows employees to take up to 12 weeks of unpaid leave per year for the following reasons:
Many states have extended the FMLA’s provisions or employee eligibility. As of June 2022, the states that offer benefits for parents beyond what the FMLA requires includes:
The idea of providing parental leave may seem like an unnecessary expense, but it is one of the benefits that employees, especially young employees, want from their employers.
According to Businessolver’s 2023 State of Workplace Empathy Review, 92% of employees identify paid paternity leave for fathers as a top empathetic benefit for employers to extend to their workforce. And only 27% of employers actually offer this benefit.
Offering this benefit could entice more workers to your company, including Gen Z, who is showing an interest in construction and trades careers. One recent report shows the most important family benefits to Gen Z include more paid paternity leave than is required and support for preparing to have a family.
92% of employees identify paid paternity leave for fathers as a top empathetic benefit for employers to extend to their workforce.
Even though your employees might welcome a paid leave policy, employers need to make sure it aligns with any mandatory requirements. First consider:
Implementing a paid parental leave policy is a big decision, but one that requires some serious consideration, especially since it could mean the difference of not only retaining your current employees but recruiting the younger generations.
Contact us to schedule an HR assessment.