February 12, 2019

Gates Foundation cuts parental leave benefits by half, citing staffing difficulties

By Ashley Stewart

The Bill & Melinda Gates Foundation is cutting its parent leave benefits by half after finding, according to an executive, offering new parents a year away was more disruptive than anticipated.

The Seattle-based nonprofit is focused on health care, education and reducing poverty and run by trustees Microsoft co-founder Bill Gates, Melinda Gates and Warren Buffet. In 2015, it expanded its parental leave benefits to 52 weeks from 16 weeks in the first year after the birth or adoption of a child.

Chief Human Resources Officer Steven Rice on Friday wrote in a LinkedIn postthe year-long parent leave policy “was hindering the foundation’s purpose.” The foundation referred to the LinkedIn post in a response to a request for more information about the change.