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Is paid family leave really bad for business?

Family [1]Not  according to a new and detailed report [2] from the wonks at the Center for Economic and Policy Research that examined the New Jersey Family Leave Insurance (or FLI)  program. The program allows workers to take up to six weeks of paid leave (capped at $595 a week in 2014) to care for new babies, seriously ill relatives, or themselves. It is paid for by a small tax (up to 60 cents a week) on employees.

Among the major findings:

The researchers also concluded that:

“The New Jersey experience was not dissimilar from the experiences in California and Rhode Island, the only other states in the nation that offer paid leave programs. Just as in New Jersey, employers in California and Rhode Island did not feel these programs imposed heavy burdens upon them or were an impediment to business.”

Click here to read the entire report [2].