The Startup Maternity & Paternity Leave Policy Survey

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www.paperg.com paper The Startup Maternity & Paternity Leave Policy Survey Presented by: PaperG, Inc.

description

To understand how tech employers approach this important benefit for recruiting, PaperG surveyed 97 tech companies on their maternity and paternity leave policies. Respondents ranged in size from seed-funded to post-IPO, including: Inkling Facebook Google Twitch.TV PayPal Optimize.ly Medium Nextdoor Stripe Upstart

Transcript of The Startup Maternity & Paternity Leave Policy Survey

Page 1: The Startup Maternity & Paternity Leave Policy Survey

www.paperg.com

paper

The Startup Maternity & Paternity Leave Policy Survey

Presented by: PaperG, Inc.

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paper Maternity/Paternity Leave Startup Survey

Would you work for a tech company or startup that didn’t have a paid maternity leave policy?

61% of women in technology would not

Sample size of 101 women working at a startup or technology company

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Employer Survey Methodology

To understand how tech employers approach this important benefit for recruiting, PaperG surveyed 97 tech companies on their maternity and paternity leave policies.

Respondents ranged in size from seed-funded to post-IPO, including:

Inkling Facebook

Google Twitch.TV

PayPal

Optimize.ly Medium Nextdoor

Stripe Upstart

Maternity/Paternity Leave Startup Survey

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0%

50%

66% 57%

100% 100%

38% 44%

0%

20%

40%

60%

80%

100%

120%

Seed Series A Series B Series C Series D Post-IPO

% of companies that offer paid maternity leave

%of companies that offer paid paternity leave

Funding Stage!

Seed stage companies are completely missing out on female talent due to a lack of paid leave policies. Some Series A, B, and C companies are too.

Stage of Funding vs. Paid Maternity and Paternity Leave Offering

Maternity/Paternity Leave Startup Survey

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paperOlder companies tend to have maternity and paternity policies, allowing them to attract more talent.

6%

6%

31%

56%

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

1

2

3

4+

Age

in Y

ears!

% of startups that offer a paid paternity and maternity leave policy!

Maternity/Paternity Leave Startup Survey

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Maternity/Paternity Leave Startup Survey paper

33%

63%

85%

N/A N/A 0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

0%-20% 21%-40% 41%-60% 61%-80% 81%-100%

The greater the representation of females at a tech company the more likely it is to have a paid maternity leave policy.

Representation of Females!

% o

f Com

pani

es T

hat H

ave

a M

ater

nity

Lea

ve P

olic

y!

Female Representation at Startups vs. Maternity Leave Policy Implementation

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Maternity/Paternity Leave Startup Survey paper

22%

38%

85%

0% 0% 0%

10% 20% 30% 40% 50% 60% 70% 80% 90%

100%

0%-20% 21%-40% 41%-60% 61%-80% 81%-100%

Surprisingly, the greater the representation of females at a tech company the more likely it is to have a paid paternity leave policy.

% o

f Com

pani

es T

hat H

ave

a Pa

tern

ity L

eave

Pol

icy!

Representation of Females!

Female Representation at Startups vs. Paternity Leave Policy Implementation

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paperOf the companies surveyed that offer a paid maternity leave policy, 71% offer a paid paternity leave policy as well.  

71% Maternity Leave Policy

Paternity Leave Policy

Maternity/Paternity Leave Startup Survey

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25%

5%

20%

50%

0%

10%

20%

30%

40%

50%

60%

< 1 1 2 3+

Half of tech companies with paid maternity policies offer 3 or more months. The other half varies drastically.

Months of Paid Maternity Leave Offered!

% o

f Com

pani

es T

hat G

ive

Paid

Mat

erni

ty L

eave!

How Many Months of Paid Maternity Leave Does Your Company’s Policy Give?

Maternity/Paternity Leave Startup Survey

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43%

29%

21%

7%

0% 5%

10% 15% 20% 25% 30% 35% 40% 45% 50%

< 1 1 2 3+

Plurality of tech companies offer less than a month of paid paternity leave.

Months of Paid Paternity Leave Offered!

How Many Months of Paid Paternity Leave Does Your Company’s Policy Give?

% o

f Com

pani

es T

hat G

ive

Paid

Pat

erni

ty L

eave!

Maternity/Paternity Leave Startup Survey

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50%

66%

100%

66%

33% 25%

33%

50%

75%

0%

20%

40%

60%

80%

100%

120%

Series A Series B Series C Series D Post-IPO

<1

1

2

3+

We found no relationship between the funding stage of a tech company and the amount of paid maternity leave offered to employees.

Amount of leave given in

months

Funding Stage of Startup!

Stage of Funding vs. Amount of Paid Maternity Leave Given

Maternity/Paternity Leave Startup Survey

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33%

50%

66%

100%

25% 33% 33%

0%

20%

40%

60%

80%

100%

120%

Series A Series B Series C Series D Post-IPO

<1

1

2

3+

We found no relationship between the funding stage of a tech company and the amount of paid paternity leave offered to employees.

Amount of leave given in

months

Funding Stage of Startup!

Stage of Funding vs. Amount of Paid Paternity Leave Given

Maternity/Paternity Leave Startup Survey

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Immediate Survey Takeaways

Funding Stage Benchmarks •  0% of seed-funded companies have a maternity or paternity policy •  50% of funded startups begin implementing such policies at Series A •  100% of startups have put it in place both paternity and maternity policies by the Series D

stage and post-IPO.

Policy Benchmarks •  50% of paid maternity policies offered 3 or more months •  Typically, paid paternity policies are <1 month

Interesting Correlations •  Size of company v. female representation (+) •  Female representation v. likelihood of having paid maternity policy (+) •  Female representation v. likelihood of having paid paternity policy (+)

Maternity/Paternity Leave Startup Survey

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Future Survey Follow Ups

Impacts on Recruiting •  Does the lack of maternity leave policy contribute to the gender gap at tech companies and

startups as a whole?

•  Could paternity leave be used as a perk at tech companies mostly male? •  Do startups attract younger employees who don’t care about maternity or paternity

policies? •  Are tech companies better or worse at providing maternity/paternity policies than non-tech

companies?

Maternity/Paternity Leave Startup Survey

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