Wells Fargo to Provide Paid Parental Leave for Rirst Time (April 7, 2016)
By Deon Roberts, Charlottesville Observer
Wells Fargo will begin offering paid parental leave for the first time, joining other large U.S. banks that have recently upped their benefits.
The San Francisco-based bank told employees Wednesday it will provide up to 16 weeks for a primary caregiver and up to four weeks for a nonprimary caregiver following a birth or adoption. The benefit, available to Wells Fargo’s full- and part-time employees in the U.S., takes effect June 1.