What is Triple paid parental leave?

What is Triple paid parental leave?

In a policy paper published this week, the Australian Council of Trade Unions demanded that by the year 2030, paid parental leave to be extended to 52 weeks and include payments of superannuation. The ACTU wants a quicker increase in the length of the current Commonwealth-funded parental leave, which is currently paid at the minimum wage, to 26 weeks.

Additionally, it calls for the elimination of the terms “primary” and “secondary” caregivers and their replacement with the term “parent.”

The best paid parental leave programs around the world are not only generous, but they also offer rewards to dads who actually take the leave.

In these nations, fathers taking lengthy paid parental leave is the rule rather than the exception, which is so uncommon that fathers may feel helpless and unsupported in even considering the idea of taking extended leave.We can do a lot to normalise the idea of men taking parental leave by encouraging more fathers to participate in “primary” parental leave through policies that make doing so financially and socially compelling.

Even better, dads will be more involved in caregiving and household chores from the beginning of starting a family onward, which, according to research, results in dads continuing to be more involved.

Paid parental leave reform is one of the key strategies the ACTU has identified for reducing the national gender pay gap and the workforce participation gap by half. According to the report, doing so could result in an enormous $111 billion in annual economic growth.

That sum will be much higher than what it would cost to implement such a program.

Any recommendations from this week’s National Jobs and Skills Summit must prioritize making significant changes to our paid parental leave program in order to increase the time available, promote shared care, and ultimately advance gender equality.