San Francisco: Yahoo Inc has increased the amount of paid leave new parents can take, bringing the Internet company closer to the policies of some of its Silicon Valley peers from which it hopes to lure engineers.
The new policy marks the latest move by Chief Executive Marissa Mayer, who had her first child two months after taking over in July, to revamp the struggling Internet company. The 37-year old executive has been under a public spotlight that has placed her at the center of a growing debate about gender equality in the workplace.
A decision to ban Yahoo employees from working at home earlier this year sparked nationwide outrage, with some critics blasting Mayer for a policy they said would make life difficult for working parents. Media reports that Mayer paid to have a baby nursery built next to her office further fanned the flames of the controversy.
Under Yahoo's new policy, new mothers and fathers can take up to 8 weeks of fully-paid leave. If a woman gave birth to the baby, she is entitled to an additional 8 weeks of paid leave, for a total of 16 weeks paid leave....more
10:10 AM, May 01, 2013