More Companies Are Giving Mom and Dad Equal Paid Parental Leave

A father and a mother look at their newborn son. 

Photographer: Martin Bureau/AFP/Getty Images
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The number of companies ditching paid maternity and paternity leave for gender neutral parental leave is growing.

Of the largest firms in the US, 9% offer at least 12 weeks off for all new parents, regardless of their gender and caregiving role. The list of new entrants includes Morgan Stanley and Pinterest Inc., which both recently updated their benefits policies.