Netflix's year-long parental leave raises bar for U.S. employers

August 5, 2015 10:24 PM

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Netflix's year-long parental leave raises bar for U.S. employers

Netflix Inc is offering up to a year of paid maternity and paternity leave for employees to care for a newborn or newly adopted child, significantly raising the bar for parental benefits in corporate America.

In a blog post, the video streaming company, which employs about 2,200 people, said parents could take off as much time as they wanted during the first year after a child's birth or adoption.

Also read: Ikea significantly expanding paid parental leave

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