The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
PORTLAND, United States — Full-time US employees of Nike Inc. who are new parents or who are needed to care for sick family members are now eligible to receive eight weeks of paid leave, the world's biggest sportswear company said on Wednesday.
Birth mothers are now eligible for a minimum of 14 paid weeks of leave, Nike said, with more paid leave allowable if a doctor deems it medically necessary. Previously, birth mothers were allowed a minimum of six weeks paid leave to care for their newborns, said a company spokeswoman.
Fathers, adoptive parents and employees with sick family members had not been allowed paid leave under Beaverton, Oregon-based Nike's previous policy, but can now take up to eight weeks of paid leave.
The benefit changes apply to Nike employees who have a regular work schedule of 30 or more hours a week. Employees are eligible for the benefit on their first day of work, the company said.
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More large employers are expanding paid leave policies. For example, Netflix Inc. said last year it would give its salaried employees up to 12 months of "unlimited" paid parental leave.
By Melissa Fares; editor: David Gregorio.
From analysis of the global fashion and beauty industries to career and personal advice, BoF’s founder and CEO, Imran Amed, will be answering your questions on Sunday, February 18, 2024 during London Fashion Week.
The State of Fashion 2024 breaks down the 10 themes that will define the industry in the year ahead.
Imran Amed reviews the most important fashion stories of the year and shares his predictions on what this means for the industry in 2024.
After three days of inspiring talks, guests closed out BoF’s gathering for big thinkers with a black tie gala followed by an intimate performance from Rita Ora — guest starring Billy Porter.