Employee benefits paternity-maternity benefits


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Employee benefits paternity-maternity benefits

  1. 1. Employee Benefits – Paternity/MaternityBenefitsMarch 2013This report is solely for the use of Talent Neuron clients and Talent Neuron Subscribers. No part of it may be circulated, quoted, orreproduced for distribution outside the client organization without prior written approval from Talent Neuron.
  2. 2. Talent Neuron Copyright and DisclaimerCopyrightThe material in this report is copyrighted. No part of this report prepared by Talent Neuron can be reproduced eitheron paper or electronic media without permission in writing from Talent Neuron. Request for permission to reproduceany part of the report may be sent to info@talentneuron.com. Customers are welcome to use an unlimited number ofcopies of the materials contained within this report. Furthermore, customers may copy any graphic herein for theirown internal purpose. Talent Neuron requests only that members retain the source name/logo mark on all pagesproduced. Please contact our Talent Neuron account manager at +1-408-716-8432 for any help we may provide.The report herein is the property of Talent Neuron (A Zinnov LLC Company). Beyond the membership, no copyrightedmaterials of Talent Neuron may be reproduced without prior approval.DisclaimerAll the information contained in this report is obtained through proprietary technology aggregation algorithms, humanexperts, network of domain experts, discussions with industry leaders, public and confidential information sourcesbelieved to be reliable. Talent Neuron makes no representations or warranties regarding the errors, omissions orcompleteness of any information contained herein and shall have no liability for the same. The report is provided solelyfor informational and marketing purposes and opinions must not be construed as advice, recommendations orendorsements. The reader of the report is advised to conduct an independent evaluation and form conclusions withrespect to the information provided.
  3. 3. 3Talent Neuron can help in selecting the right location by providing data, analytics and insights on Locations,Talent, Cost, Peer Group Footprint & TrendsLocation Analysis Understand the capability of each potentiallocation and make data driven decisions onsetup and expansionPeer and TalentInsightsUnderstand the capability of each potentiallocation and make data driven decisions onsetup and expansionEcosystem Analysis Understand the capability of each potentiallocation and make data driven decisions onsetup and expansionSource: Talent Neuron Website
  4. 4. CAPABILITIESTalent Neuron has assisted over 100 companies in their global location analysis and siteselection processEcosystem Insights Forecasts Industry/DomainWage InflationTrendsCompany TrackerMarket TrackerSkill Wizard Market InsightsTalent Neuron KEYFOCUS IS ON THETECHNOLOGY INDUSTRY.OVER 80% CLIENTS AREIN THE PRODUCTENGINEERING DOMAIN.ConsultingProprietaryData SourcesNetworkReportsWeb CrawlingExpertInsightsAnalyticsSurveys500+ GLOBALCITIES COVEREDSource: Talent Neuron6 DOMAINS35 FUNCTIONs150+ SKILL SETS
  5. 5. PROPOSED APPROACH – Data Gathering and Analysis through BIG DataTalent Neuron will use data driven Big data principles (for large data analysis) which will providecomprehensive insights and transparency on the trends, current realities and opportunities in any locations100+ Job sites3,000+ CompanyCareer SitesUniversitiesSocial Media/Public ProfilesHadoopEngine(Big DataApproach)=Over 12,000Unique Dataelements foreach cityPatent DatabasesPublication/JournalDatabasesTechnologyContributor listsCommunity SitesConnectors (API / Screen Scraping)SkillAvailabilityLocationInsightsCompensationand CostTrendsPeerCompanyFootprintSource: Talent Neuron Website* Details not disclosed by the companySource: Talent Neuron Research and Analysis
  6. 6. MethodologyTech CompaniesStudied Google Facebook Apple LinkedIn Twitter Amazon Salesforce.com YahooGlobal Locations• Austin• Aarhus• Bangalore• Bay Area• Beijing• Boston• Dublin• Haifa• Herzliya• London• Moscow• New York City• Seattle• Shanghai• St. Petersburg• Taipei• Tel Aviv• WroclawSource: Talent Neuron Database, Talent Neuron Research and AnalysisNote: Data captured and analyzed form public sources,interviews with HR Leaders
  7. 7. Maternity/ Paternity and other Parental Benefits7Paternity /MaternityBenefitsParentalBenefitsAdoptionAssistanceChild CareNote: The major parental benefits provided by the companies have been listedSource: Talent Neuron Research and Analysis18 months paidleave for thenew motherand 6 weeks forthe new father‘Baby bondingbucks’ a specialbonus isprovided postchild birthAdoptionassistance, withup to $5,000reimbursementin legal feesOnsite childcare facilityFour monthspaid leave forboth theparents‘Baby Cash’ aspecial bonus of$4000 isprovided postbirthCompletereimbursementof adoption fees$3000/ year isprovided asreimbursementfor childcare upto the age of 5The maternity andpaternity benefitsprovided are onpar with locallabor lawsApple does nothave paidpaternity leavepolicyGoogle Facebook Apple LinkedinGooglle and Facebook have the best maternity leave policy in the industryThe attrition rate of women employee in Google fell by 50% due to their maternity leave policy
  8. 8. Maternity/ Paternity and other Parental Benefits8Paternity /MaternityBenefitsParentalBenefitsAdoptionAssistanceChild Care12 weeks paid leave forthe new mothers. Nopaid paternity leave16 weeks paid leave forthe new mother and 8weeks for the new fatherReserved parking spotsfor women who arepregnant.Allowance of $500 everymonth towards babycare during thematernity leave period.Yahoo! Branded babygifts for new babies$5000 is provided tooffset adoptionexpenses.Employees are eligiblefor maternity andpaternity benefits postadoption.80% of salary for fourweeks during maternityleave(up to maximum of$5000 per week)Allowance of $250 permonth for new parentsduring the period ofparental leavesReimbursement up to$5000 to offset adoptionexpensesCompany sponsoredchild care and ender carecentersAmazon Yahoo SalesforceNote: The major parental benefits provided by the companies have been listedSource: Talent Neuron Research and AnalysisPaid maternity andpaternity leavepolicyTwitter
  9. 9. For Detailed information on Location, Talent, Cost, Risks, University Informationcontact info@talentneuron.comTalentNeuronGlobalLocationProfilesGlobalTalentInsightsGlobalCost &SalaryInsightsUniversityOutlookPeerCompaniesMonitorRole ViewJobEngineerTalent Neuron PlatformTalent Neuron Platform provides granular data for over 500 cities in 83 countries. It tracks over 12,000 unique dataparameters for a city that spans across location attributes, talent pool size (Domain, Function and Skills), Universities,Salary and Cost etc.Source: Talent Neuron Website
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