3M Co. will expand its U.S. parental leave policy for nonunion employees beginning Jan. 1, company officials announced Thursday.
The policy change allows birth and adoptive parents to take up to 10 weeks of paid leave and another 10 weeks of unpaid leave. Previously, 3M offered parents of newborns and newly adopted children up to 12 weeks of unpaid "bonding leave."
Several top-performing companies already offer six weeks or more of paid leave as they try to retain parents, and several companies, like 3M, are adding more.
Led by technology and financial companies jockeying for talent, many have a more-flexible workplace and more help with finding child care than 10 years ago.
Workplace experts note that the move is likely to increase loyalty, reduce costly turnover and help businesses make sure they don't see well-trained talent walk out the door.
The leave issue has received renewed attention since President-elect Donald Trump's daughter, Ivanka, mentioned it on the campaign trail.
Under the new 3M policy, biological mothers will continue to receive the normal six to eight weeks of short-term disability time off, for a possible total of 28 weeks of maternity leave.
3M officials said that parents taking the leave are free to come back to work on a part-time basis at any time during the leave.