George Soros’ Open Society Foundation Provides a Family-Friendly Work Environment With It’s Generous Paternity Leave Policy
The United States is the only developed country in the world on http://www.politifact.com/ohio/statements/2016/apr/04/trusted-leadership-pac/no-george-soros-not-bankrolling-john-kasichs-campa/ that does not have mandated paternal leave for both new parents, according to NPR. The Family and Medical Leave Act only mandates unpaid family leave. On top of that, it does not apply to everyone. More than 40 percent of workers in the United States are not eligible for any type of leave, paid or unpaid. According to the Department of Labor, workers are only guaranteed up to 12 weeks of unpaid leave in a one-year period if they have been employed for over a year with a company that has 50 or more employees.
Numerous studies have found that early bonding is especially important in a child’s development. Even if a worker is eligible for unpaid paternity leave on bloomberg.com, many new parents do not take enough time off due to financial strain. New parents are forced to choose between getting a paycheck or taking care of their newborn child. Many workers have to use sick or vacation leave to cover their paycheck if they take time off after the birth of their child. For workers that do not have paid sick or vacation leave, they must take time off without pay. This can put a significant strain on a family’s finances. Many new parents simply cannot afford to take weeks or months of lost income. As a result, they go back to work much too early and miss an important time in their child’s early development.
Open Society Foundations, a large non-profit organization that is located in more than 100 countries, is doing the right thing by new parents by offering generous paternity leave benefits. Open Society Foundation on http://www.nytimes.com/topic/person/george-soros is a leader in the recent paternity leave movement and is doing a great service to new parents by offering generous amounts of paid paternity leave.
According to Forbes, Open Society Foundation’s paternal leave policy provides all of its 800 plus employees with six months of parental leave. New parents receive 50 percent of the time off at full pay. The final three months are paid at 70 percent. In addition, parents are given plenty of flexibility in how they chose to use the time off. This benefit includes the foundation’s United States offices, which employ more than 400 individuals. Open Society’s generous policy applies to mothers, fathers, custodial grandparents and adoptive, foster and surrogate parents.
The Open Society Foundations, one of the largest non-profit organizations in the world, is working to build open-minded and fair societies. The Foundation aims to hold governments accountable and accessible to all individuals within the society. Open Society Foundations encourage respect for fundamental human rights and minorities. Their goal is to help improve the lives of all individuals within a society.
Open Society Foundations was created by billionaire philanthropist George Soros. Soros has been involved in philanthropic causes since the late 1970s. George Soros on marketwatch envisions societies where human rights are respected and governments are held accountable. Soros founded the Open Society Foundations to create a network of partners and projects that would support human rights, government transparency and democracy.