David Cadden, a management professor in the Entrepreneurship and Strategy Department in the School of Business at Quinnipiac University, is available to comment on Yahoo CEO Marissa Mayer’s decision to extend maternity and paternity benefits to employees. Yahoo is now offering female employees 16 weeks of paid maternity leave while new dads get eight weeks of paid leave.
“It is extremely gratifying to hear that Yahoo has decided to double the maternity and paternity leave time,” Cadden said. “CEO Mayer has recognized that employees aren’t singularly driven by just the paycheck. They look and are motivated by other benefits. These include the ability to raise a family. She had curtailed Yahoo’s employees’ ability to work at home which aided many of them in raising their family. While extremely generous by American standards, Yahoos’ policies for maternal and paternal would be merely average in the Northern European context. Such policies are critical in attracting and retaining technically competent individuals. For a period of time, Xerox Corporation had in many of its facilities on-site daycare for young children. CEO Mayer has a comparable capability for herself. She had a nursery built next to her office.”
To speak to Cadden, please call John Morgan, associate vice president for public relations at Quinnipiac, at 203-206-4449 (cell).