Why Dads Don't Take Paternity Leave

Why Dads Don't Take Paternity Leave

Firms are catching on to paternity leave. Dads? Not so much.

Yahoo Inc. YHOO +1.85% announced in April that new fathers can take eight weeks off at full pay. Bank of America Corp. BAC +1.15% offers 12 weeks of paid leave, and Ernst & Young a few years ago bumped its leave policy from two weeks to six. Fifteen percent of U.S. firms provide some paid leave for new fathers, according to a survey from the Society for Human Resource Management to be released on Father's Day.

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