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Panorama Calls for Business Leaders to take The Paid Leave Pledge

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Panorama Calls for Business Leaders to take The Paid Leave Pledge

Effort is a step toward strengthening the evidence base for employer adoption of paid leave

PR Newswire

SEATTLE, June 6, 2018 /PRNewswire/ -- Today Panorama announced a partnership with Nestlé, Union Square Hospitality Group, Limeade, Busboys and Poets, and TCG, among others, to further the adoption of paid leave by U.S. employers. The Paid Leave Pledge, which launched today, galvanizes leading business voices on paid leave around a commitment to share data on the impact of their paid family and medical leave (PFML) programs and calls on others to join. The effort has gained endorsement from former Deputy Secretary of the U.S. Department of Labor, Chris Lu, who acts as an advisor, and JUST Capital, who provides support for data collection analysis.

"We are excited to partner with industry leaders on this important work, and are calling on other employers who track the impact of their policies to share what they have learned," said Kimble Snyder, Director at Panorama. "By collectively building the evidence base, businesses can ensure that more Americans have access to the resources that help them thrive both at work and at home."

For Nestle, the pledge reinforces the company's efforts to implement a range of parental workplace support policies launched in 2016 and designed to improve health and wellbeing outcomes for families. In addition to a broad network of parenthood support resources, Nestle offers primary caregivers up to 14 weeks of paid leave and an additional 12 weeks of unpaid leave following the birth or adoption of a newborn child.

This founding cohort of business leaders has carefully considered how they can improve the quality of life for their employees and their families through internal, worker-centric policies. Over the next three months, Panorama will be reaching out to companies, businesses large and small, across a range of industries to gain additional commitments, with the forthcoming round of adopters slated for announcement in September 2018. Throughout a yearlong cycle, the consortium of businesses will share strategies and best practices, leading to the release of data impacts in summer of 2019.

"Through our work with the private sector at the Department of Labor, we repeatedly heard from businesses that the hardest thing was not having strong data on the impact of PFML policies," said Lu. "Ultimately, there is a gap in data and this initiative is an important step toward addressing it."

Tracking the results of paid leave requires flexibility, given the specific needs of each business, but there are some broad areas of impact that apply to businesses universally. In conjunction with the pledge, Panorama is developing a return-on-investment framework to provide employers with a comprehensive model of costs and benefits relating to a paid family and medical leave policy. Starting with a flexible approach is a recognition that, while not all business models are the same, there is value in better understanding the specific needs across industry sectors to protect both the wellbeing of workers and the sustainability of business.

"We've seen encouraging data thus far that suggest robust paid leave programs can lead to positive health outcomes and foster a more committed workforce," said Judy Cascapera, Chief People Officer at Nestlé USA. "There is true power in this data and we hope to encourage other likeminded companies to share their analytics and learnings as we collectively work across industries to build even stronger programs for employees and their families."

The pledge is a great opportunity for companies to better understand how to make workplace flexibilities work, and for those leading the way on these models to inspire others. Panorama serves as a trusted ally for businesses looking to expand or launch paid family and medical leave programs through its work on The Paid Leave Project. Access resources for businesses, learn how to participate in the paid leave conversation, and join future events at www.uspaidleave.org  

About Panorama
Panorama is an action tank working to solve global problems through audacious thinking and bold action. We bring together diverse perspectives to spark new ideas that create change on issues affecting people, the planet and productivity. Based in Seattle, Panorama is a team of strategists, advocates, campaigners, analysts, storytellers, resource mobilizers and organizational designers with deep experience in foundations, non-governmental organizations, private companies and public institutions.

Contact: April Matson
Communications Officer, Panorama
april.matson@panoramaglobal.org

 

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SOURCE Panorama

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