📺 Stream EntrepreneurTV for Free 📺

Check Out This Year's 'Best Places to Work for New Dads' In its second annual report, lifestyle website Fatherly identifies a shifting attitude toward time off for new fathers.

By Lydia Belanger

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

David Ramos | Getty Images

When Mark Zuckerberg became a dad last December, he took two months off to spend time with his wife and newborn daughter. To promote his philosophy, he famously took to his timeline to explain his decision and boast that Facebook's policy allows new mothers and fathers to take up to four months of parental leave.

The 31-year-old CEO's statement was as powerful as his company's relatively generous paid leave offering. Combined, they earned Facebook third place on the 50 Best Places to Work for New Dads list released today by Fatherly, a lifestyle website that serves as a community for millennial dads.

Related: Facebook Expands Parental Leave Ahead of the Birth of Mark Zuckerberg's Baby

Even just a year ago, extended paternity leave was less common than it is today. Last year, Fatherly compiled a list of companies with perks for young dads, and nearly half of those it featured offered just one to two weeks of paid leave to fathers. This year, seven and a half weeks is the average among the 50 companies Fatherly's report highlights, and the most common length of leave among companies on the list is four weeks.

The latter half of 2015 brought a cascade of companies lengthening their paid vacations for new dads (and in some cases, moms, too). On Aug. 4, Netflix proudly announced it would allow new parents unlimited paid leave within the first 12 months of a child's birth or adoption. The next day, Microsoft followed suit, stating its dads would get 12 weeks off. In November, Spotify rolled out some new parental perks, including six months of paid leave, redeemable at any non-consecutive time, until the child's third birthday.

These packages earned Netflix and Spotify the number one and two slots, respectively, on this year's Fatherly list. In addition to Facebook, the top 10 also includes Patagonia, Google, Microsoft, Bank of America, LinkedIn, Twitter and Airbnb. (Check out the full 50 -- and read up on their policies here.)

Related: Netflix Sets a New Standard With Unlimited Parental Leave

While eight of Fatherly's top 10 are tech companies, only 30 percent of all companies featured in the list fall under that category. The next most favorable industry for new dads is finance, and media and accounting and law are tied for third.

"If progress on paid parental leave was limited to huge companies with zippy logos in the Greater Bay Area, it wouldn't really be progress," Fatherly acknowledges in the report. "Over 99 percent of all businesses in the U.S. have fewer than 500 employees, and the smaller a company's workforce, the more challenging it can be to accommodate new fathers."

It will take time for businesses of all sizes and stripes to be able to accommodate new dads. Still, it's clear that parental time-off is evolving from luxury to norm in the U.S. -- one of three countries globally that lacks a national leave policy (along with Papua New Guinea and Oman). More time off isn't just better for dads -- it takes the pressure off moms and entire families and allows everyone to focus on what matters in those formative months.

Lydia Belanger is a former associate editor at Entrepreneur. Follow her on Twitter: @LydiaBelanger.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Devices

Keep the Office Cool This Summer with $10 Off a Klima Thermostat

The Klima Smart Thermostat can turn your existing mini split, heat pump, or AC into a smart unit.

Thought Leaders

It's the End of the Entrepreneurial Era As We Know It

With the rise of advanced technologies and AI, are we losing all sense of the independent business person and entrepreneur?

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Side Hustle

He Started a Luxury Side Hustle at Age 13 — Now the Business Earns More Than $10 Million a Year: 'People Want to Help You When You're Young'

Michael Morgan, now the owner of Iconic Watch Company, always had a passion for "old things" — and he turned it into a lucrative venture.

Science & Technology

Exploring How Virtual Reality is Changing Startups

Virtual reality's immersive environment is where startup marketing is headed, and early adopters will be the ones who profit.

Money & Finance

12 Books That Self-Made Millionaires Swear By

The bookshelves of millionaires can inspire you to build your wealth. Here are 12 must-reads they recommend.