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August 6, 2015

Microsoft boosts parents' paid leave

SAN FRANCISCO (AP) — Microsoft says it will offer more paid leave to new parents and increase other benefits for U.S. employees, a day after Netflix announced generous new-parent benefits for its workers.

Under its new policy, Microsoft Corp. will increase total paid leave for new mothers to 20 weeks, from a current 12 weeks paid and eight weeks of unpaid leave. New fathers will get 12 paid weeks, instead of four paid and eight unpaid. Microsoft is also increasing its contribution to employees' 401k plans.


 
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