Employees are entitled to three (3) unplanned days off with pay:
<aside> 💡 *Employee may also be eligible for sick PTO or benefits under Short-Term Disability (“STD”) and/or Long-Term Disability (“LTD”) policies, pursuant to the terms of those policies.
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The purpose of this policy is to afford parents the quality time and flexibility they need to bond with their new child, adjust to new family situations and schedules, and otherwise do what is necessary on the home front so that when the time comes to return to work the employee is rested, energized, focused, and prepared.
In order to benefit from Part and Sum’s paid parental leave policy, employees must claim any and all disability and paid family leave benefits (see examples below) at the earliest point of eligibility.
Full-time equivalent employees are eligible for this benefit after 26 consecutive weeks of employment. The use of scheduled vacation time; the use of personal, sick or other time away from work that has been approved by the employer; or other periods where the employee is away from work but is still considered to be an employee by the employer, shall be counted as consecutive weeks or consecutive work weeks, or days worked.
All health insurance benefits Part and Sum provides will remain active while the employee is on parental leave. Regular employer contribution to premiums for the employee and all enrolled dependents will remain the same. If applicable, the employee will remain responsible for employee contributions to premiums.
Eligible employees are required to notify the Company of the need for Parental Leave along with the estimated timing and duration of such leave at least 60 calendar days in advance of the need for Parental Leave. If the need for Parental Leave is not foreseeable, the eligible employee must give notice of the need as soon as the need is identified.
The birth or adoption of twins or multiples does not increase the length of Parental Leave; such a birth or adoption shall be considered a single qualifying event. The adoption of a stepchild by a stepparent does not meet Part and Sum’s definition of a qualifying event for Parental Leave. The adoption of a child who is 17 years old or older does not meet Part and Sum’s definition of a qualifying event for Parental Leave.
Part and Sum will provide new birthing parents with up to twelve (12) weeks of paid leave with 100% salary continuation. Salary continuation provided by Part and Sum will be reduced by the amount of any benefit received from disability or paid family leave to ensure that employees do not receive more than 100% of their standard salary.
Birthing parents are entitled to take up to twelve (12) additional weeks of leave without salary continuation after their fully-paid period is completed and within 12 months of the initial parental leave effective date.
Part and Sum will provide non-birthing parents, foster parents and parents by-way-of adoption with up to eight (8) weeks of paid leave with 100% salary continuation. Salary continuation provided by Part and Sum will be reduced by the amount of any benefit received from disability or paid family leave to ensure that employees do not receive more than 100% of their standard salary.
Non-Birthing Parents, Foster Parents and Parents by Way of Adoption are entitled to take up to sixteen (16) additional weeks of leave without salary continuation after their fully-paid period is completed and within 12 months of the initial parental leave effective date.
After every 5 years at Part and Sum, you can take a paid 6 week break!