Friday, August 21, 2020

Blog Archive MBA News Business School Professors Ask Congress to Pass Paid Leave Act

Blog Archive MBA News Business School Professors Ask Congress to Pass Paid Leave Act Professors from top-ranked U.S.-based business schools have joined forces to lobby for paid sick and family leave. The group of 203 professors signed a letter addressed to the U.S. Congress concerning the Family and Medical Insurance Leave Act, which would establish a new standard for paid leave for not just the professors, but all workers nationwide. The professors cited their “experiences teaching the business leaders of tomorrow” as a reason to push the legislation, adding “the United States must adopt a national paid family and medical leave policy.” The act, widely known as the “Family Act,” would provide 66% wage replacement and 12 weeks in paid leave for the birth or adoption of a child, as well as for workers dealing with their own or an immediate family member’s medical condition. At the moment, a mere 13% of U.S. workers are able to take a paid family leave, and fewer than 40% benefit from paid medical leave. National Partnership for Women Families Vice President Vicki Shabo commented to Bloomberg Business, “The business school community was missing from the [paid leave] debate.” Consequently, the professors hope their letter helps the proposed legislation gain momentum. Share ThisTweet News

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