If your company has a crummy or non-existent parental leave policy, a new provider is ready to change that.
Parento, Inc. is the only private sector provider focused on helping companies expand paid paternity and maternity leave programs. Through Boost Insurance, Parento is able to offer companies affordable plans to help new parents adjust to life at home.
In 2019, only 19 percent of US employees had access to paid family leave, and the average length of leave was three weeks. While many employees who don’t have paid leave are able to take unpaid parental leave through FMLA, unpaid leave doesn’t help parents who need the money while they take care of their newborn. Further, paid family leave has been proven to be beneficial to parents, babies and employers.
To close the gap between those with paid and unpaid leave, Parento’s tax-advantaged policies range from 6 to 16 weeks…