FDIC insures new parents with some paid family leave

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The Federal Deposit Insurance Corp. (FDIC) today announced a new paid parental-leave program for its employees, providing six workweeks of paid leave per year for the birth, adoption or foster placement of a new child.

The benefit can be taken all at once or intermittently. It will be available to both mothers and fathers immediately upon hiring at the FDIC.

“We are proud to provide this important benefit to our employees to ease some of the burden and worry that new parents face,” said FDIC Chairman Jelena McWilliams. “We recognize that many of our employees spend much of their time

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