Bloomberg (July 12)
Itochu’s unconventional “tough love worked.” A decade after banning overtime after 8:00 PM, profit per employee has increased fivefold. “What also changed, to the surprise of Itochu’s management, is that more female employees took maternity leave, had kids and came back to work.” This raises the question, “could similar changes help East Asia’s flagging birthrate?”
Tags: 8:00 PM, Banning, Birthrate, East Asia, Employees, Female, Itochu, Kids, Management, Maternity leave, Overtime, Profit, Unconventional
Wall Street Journal (December 17)
“When we increased paid leave at Google to 18 weeks, the rate at which new mothers left fell by 50%.” For her fifth time, the CEO of Youtube will take maternity leave at Google, but Susan Wojcicki points out that Google remains an exception in the U.S. where paid leave is not federally required. “Paid maternity leave is good for mothers, families and business. America should have the good sense to join nearly every other country in providing it.”
