6/22/2015 – New Momentum on Paid Leave, in Business and Politics (The New York Times)

Jun 22, 2015 Comments Off by

Oregon this month became the fourth state to pass a bill requiring that companies give workers paid sick days to care for themselves or family members.Chipotle said this month that it would begin offering hourly workers paid sick and vacation days, joining McDonald’s, Microsoft and other companies that have recently given paid leave to more workers.And in a speech meant to preview her presidential campaign, Hillary Rodham Clinton put paid leave at the center of her platform. No one, she said, should have “to choose between keeping a paycheck and caring for a new baby or a sick relative.”Long a pet Democratic cause that seemed hopelessly far-fetched, paid leave suddenly seems less so. With pay for most workers still growing sluggishly — as it has been for most of the last 15 years — political leaders are searching for policies that can lift middle-class living standards. Companies, for their part, are becoming more aggressive in trying to retain workers as the unemployment rate has fallen below 6 percent.

Read the full article in The New York Times.

Financial Landing 2015

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