You, Me and Baby Makes Three
While companies of at least 50 employees are covered under the family-leave law, provided the employee has worked there for at least a year, many individuals are not lucky enough to meet those qualifications and have no guarantee of financial support from their employer. “According to a 2005 study by the Families and Work Institute, a nonprofit research group in New York, only 7% of companies offer at least six weeks off with some pay. Meanwhile, the number of employees who get fully paid maternity leave of any length dropped to 18% in 2005 from 27% in 1998.”
Even more surprising is that the United States is only one in a handful of countries whose governments don’t provide parental leave from work, joined by Papua New Guinea, Lesotho and Swaziland. To add insult to injury, we look to the other end of the spectrum where countries such as Sweden provide up to 480 days of paid leave to new mothers. 480 days!
Another concern employees may face during maternity leave, particularly if it is unpaid, is covering health insurance and continuing contributions to their 401k. Yet at a time when money is tight, it’s not hard to see why this financial burden can lead to added stress during and just after a pregnancy.
What types of coverage does your company offer its employees? Read more from MSN.
Posted by Shelly Paul, Career Management Coordinator, The H.S. Group

