Maternity Benefits
I'm preparing to go out on maternity leave and just met with HR. My company has fairly generous maternity leave compared to most of America, which is sadly little to none. Whereas my company makes up the difference between what CA state disability gives and my full salary to make my salary whole for the duration of time I am legally considered disabled. I think that's 8 weeks for c-section, which I'm scheduled for, and 3 additional paid family leave. They also allow me to come back at 50% time for full pay for the first month. That said I also found out that any raises or merit increase that occur while I'm out don't take effect until my return. Is this standard? Like I said, I know my maternity coverage is much more than other companies give so I don't want to complain but just curious if that is standard.
I hear FB is really great. 4 months fully paid I believe. Amazon did do a recent upgrade, but it doesn't come without a sting. At Amazon, your vesting calendar is on hold while you are out (which I think is super lame).
Meanwhile everyone working during that time thinks getting paid time off and special treatment for having a kid is super lame.
EFmo71 - I get the sentiment, really I do. I was 20-sumthing once, going from 50 to 60-hr weeks because a colleague was having her first. It wasn't a good 3 months, at all. But then, I realized something. We are human beings. Not machines. At some point, someone close to us is going to need us. We are also going to need someone to take care of us someday. It is inevitable. Maybe it is a baby. Maybe it is an elderly parent. Maybe it is a beloved dog. It is life, it happens, and we shouldn't act like it doesn't. I think we should all have access to 3 months of paid life event leave, because that's called treating your workers like human beings. That's called decency. In my opinion: I want to work for companies that treat all people like human beings. It is a "special treatment" that shouldn't be "special",- but universal. For us all. If I could go back in the past and tell my overworked 20-something self something: I'd tell her to expect this benefit for everyone, and be glad that someone in her group has it. It is a sign that she can expect the same for herself someday. (...also I'd tell her to find a fucking manager that knows how to manage - because real managers know how to plan for life events and still keep the company rolling WITHOUT backloading on the backs of the younger cohorts. Seriously.)
I think (would need to research to confirm) that's Intel policy is similar in that any comp change while on ANY leave would take effect when you return.
Yes. My company had a similar policy. Stocks and increases were put in hold until I joined
I think you should not disclose. After 3-4 months, you will be available to do the job. If hiring team knows your value, then it should not matter to them..
Yes it is standard
I had three pregnancies. Two provided the bare minimum required by law - suspended my salary and I collected disability. I was self employed for the third. Save up my friend, the maternity leave is just beginning.
Same bonus / comp hold policy at my last company, so I would say it's standard.
The bonus or merit increase hold is standard. The 8weeks is ok - not great, but not awful. You will most likely want more time as it goes fast. If this is your first kid, by the time you are finally in a rhythm it will be time to come back to work. Find out about what type of medical coverage is offered if you decide to take longer unpaid leave. It’s good to know all your options and scenarios.
It's not as good as what Microsoft offers, that I know for sure. Even Amazon caved recently and started offering better benefits. Here's a sample article that talks about the 3-month parental leave for both parents and 12-week disability leave for mothers at Microsoft (they also briefly mention what Facebook and Apple offer): http://money.cnn.com/2015/08/05/technology/microsoft-maternity-leave/index.html