By Sigrun WinklerOn Apr 11, 2019 Free Resume
Employees who are spouses of persons giving birth or adopting a child, and who have similarly been employed full-time or part-time for at least 12 consecutive months, are considered eligible for parental leave benefits under this policy, regardless of family status or gender. Employees in good standing on the date this policy is adopted shall automatically be eligible for the benefits under this leave policy.
Limited to zero profit margins means that companies will have less cash to invest for expanding their production capabilities. An expansion of production capabilities could potentially bring down costs for consumers and increase profit margins for the firm.
An eligible employee will be reinstated to the same position he or she held when paid parental leave began or to an equivalent position with equivalent pay, benefits, and other terms and conditions of employment, provided the eligible employee can perform the essential functions of the position.
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