Not according to a new and detailed report 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:
- None of the participating employers reported that the Family Leave Insurance program affected their productivity or turnover.
- Only two of 18 employers felt the program negatively affected their profitability.
- Some participants found that the program improved employees’ morale. Read More