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Stock impact report

Here's why Hewlett Packard Enterprises expanded their paid parental leave policy and never looked back [Fortune]

Hewlett Packard Enterprise Company (HPE) 
Last hewlett packard enterprise company earnings: 3/3 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investors.hpe.com
Company Research Source: Fortune
As one of the only developed countries in the world without paid time off enshrined into national law, employees are often left on their own to figure out how to start a family. Only 27% of workers in the U.S. private sector had access to paid family leave through their employer in 2023, according to the Department of Labor. Among low-wage earners, that figure drops to 6%. While the majority of Fortune 500 HR leaders say it's difficult to convince top executives that extended leave is a worthy investment, there has been a dawning awareness that beefing up these policies can play an essential role in employee recruitment and retention . IT giant Hewlett Packard Enterprise (No. 84) expanded its parental leave policy in 2019 as part of a larger push to improve employee benefits, and says it has paid off in terms of worker engagement and satisfaction. “Our parental leave policy demonstrates to team members that when we talk about the importance of well-being, we mean what we say,” Sa Show less Read more
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