Labor of Law: Employers Expand Paid Sick Leave to Try to Retain Workers
"Having very generous paid sick leave policies or paid time off policies is one of the perks employers can offer employees to retain and recruit them, and to really distinguish themselves from their competitors," said Sharon Cohen, a partner at Davis+Gilbert.
February 24, 2022 at 08:30 AM
6 minute read
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Aiming to retain existing workers and attract new ones, some companies are looking to beef up a longstanding benefit: paid sick leave.
For the past six or seven years, laws requiring companies to provide workers with paid sick leave have been cropping up at the state and local levels, said Sharon Cohen, a partner at Davis+Gilbert who works with employers. But on the heels of workers leaving jobs at record-high rates, some companies are offering benefits above and beyond what the law requires—and may set new norms for paid sick leave policies in the process.
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