BY ROY ALBERT ANDRADE, K1LLER, Inc.
ROCHESTER, NEW YORK - As of January 1, 2018, most employees who work for private employers in the State of New York qualify to take Paid Family Leave, job-protection for time off of work for those who need to bond with a newborn baby, and care for a close relative, or assist a loved one. According to a Paychex Small Business Survey, 48 percent of the small business owners surveyed support legislation for mandatory paid family leave, 35 percent lack feelings toward mandatory paid family leave, and 18 percent oppose the notion. The federal Family, and Medical Leave Act requires employers with 50 plus employees to provide unpaid family, and medical to leave to employees.
"No matter how large or small the organization, most employers want to create a workplace culture that supports employees in times of need," said Martin Mucci, Paychex president and CEO. "However, for small businesses, mandatory paid leave may present challenges. Whether it's having a key member of a small team out of the office for an extended period of time or the back-end administration of such a program, mandatory paid leave will introduce new dynamics small business owners will have to navigate. Here at Paychex, we are proud to not only have announced our own paid family leave program for our nearly 14,000 employees in 2017, but also to employ more than 500 HR generalists across the country who are in place to help our impacted clients navigate this type of new legislation," Mucci added.
On December 22, 2017, President Trump signed a tax bill in the Oval Office, which allows employers to receive a tax credit for providing paid family, and medical leave for their employees. Paychex, Inc. (NASDAQ: PAYX) is a leading provider of human resource, payroll, retirement, and insurance services backed by 45 years of industry expertise. As of this writing, Paychex serves nearly 605,000 payroll clients, and pays one out of every 12 American private sector employees. Learn more about Paychex by visiting www.paychex.com.
Shawn W. Anderson