Cocoon’s Post

❗ Arguably the coolest and most powerful FREE resource our team has made yet ❗  An interactive data backed ROI calculator for advocating for your leave policies. Whether you're an employee pushing to increase your parental leave plan or on the HR team and needing the data to prove why this matters, Cocoon just launched a paid leave cost analysis tool which even includes a deck for you to take directly to your leadership team.  🤩 I am so thankful to have personally experienced a paid parental leave and to work in tech where this is often the norm not the exception but the reality is so many around us don't have access to paid leave. Companies may try and argue the expenses associated with it, but we've quite literally spelled out the financial benefit by delivering an easy way to structure the associated costs, risk, and available benefits along with the data and research of how we got that- so powerful! If you're looking to introduce a paid leave policy or to increase the pay length in you current policies we now have benchmarking data, how to design a leave plan, and as of today- a paid leave cost analysis... truly incredible Cocoon! 👏 #PaidLeave 💞

Here at Cocoon we advocate very strongly for comprehensive paid leave policies that support employees through all moments of life, and we understand this comes at a certain financial cost to employers. This paid leave cost analysis tool is meant to give employers a detailed view into the actual cost of implementing (or improving) paid leave policies. It takes into account indirect costs that are often overlooked, like attrition rates—you’ll see that the lower your paid leave policy, the higher your attrition costs.

Here's a paid leave cost analysis tool that gives employers a detailed view into the actual cost of implementing (or improving) paid leave policies. This is the best ROI calculator I've seen during my time in B2B SaaS - it's trustworthy and fully exposes the methodology. Genuinely impressed by the impactful content and resources our Cocoon marketing team creates, special shoutout to Ryley Donohoe! #FutureOfLeave

With no federal paid leave in the US, employees in different states have varying levels of access (if any) to the critical income replacement they may need to take time away from work to start a family, deal with a health condition, care for a loved one, and more. This poses a very real challenge for People teams—especially at distributed companies—who strive for equity across all employees regardless of location. Comprehensive paid leave policies are the solution to the disparity among states, but this poses a very real financial cost for employers. Cocoon's new paid leave cost analysis tool gives a detailed view into the actual cost of implementing (or improving) paid leave policies. It takes into account indirect costs that are often overlooked, like attrition rates, to help paint a clear picture of the cost of paid leave and the cost of doing nothing. For example: if you have 500 employees, a 7% annual leave rate (the average), and offer no paid medical or caregiver time, we estimate you're losing over $800k each year in attrition related to leave. Check out the tool to see the math for yourself and make the case for paid leave internally. https://lnkd.in/gfEU7Ssg

With 84% of employers planning to revise their leave programs within the next two years, there's a clear movement towards enhancing employee experiences. This initiative touches on various aspects of PTO, including bereavement, parental and caregiver leave, and general policies. It highlights how crucial supportive leave policies are in building a healthy workforce. #PTO #WorkLifeBalance #HumanResources #EmployeeBenefits https://lnkd.in/eCDHEhrM

With 84% of employers planning to revise their leave programs within the next two years, there's a clear movement towards enhancing employee experiences. This initiative touches on various aspects of PTO, including bereavement, parental and caregiver leave, and general policies. It highlights how crucial supportive leave policies are in building a healthy workforce. #PTO #WorkLifeBalance #HumanResources #EmployeeBenefits https://lnkd.in/gGytrStV

With 84% of employers planning to revise their leave programs within the next two years, there's a clear movement towards enhancing employee experiences. This initiative touches on various aspects of PTO, including bereavement, parental and caregiver leave, and general policies. It highlights how crucial supportive leave policies are in building a healthy workforce. #PTO #WorkLifeBalance #HumanResources #EmployeeBenefits https://lnkd.in/gdAMMdNZ

84% of employers plan to revise their leave programs within the next two years to enhance the employee experience. This includes upgrades to bereavement, parental and caregiver leave, and general PTO policies. The move is driven by a desire to improve employee attraction and retention, acknowledging the competitive edge that comprehensive leave policies can offer. #PTO #EmployeeBenefits #TalentRetention #HumanResources https://lnkd.in/guGi8RF6

84% of employers plan to revise their leave programs within the next two years to enhance the employee experience. This includes upgrades to bereavement, parental and caregiver leave, and general PTO policies. The move is driven by a desire to improve employee attraction and retention, acknowledging the competitive edge that comprehensive leave policies can offer. #PTO #EmployeeBenefits #TalentRetention #HumanResources https://lnkd.in/gGnM5JPs

With 84% of employers planning to revise their leave programs within the next two years, there's a clear movement towards enhancing employee experiences. This initiative touches on various aspects of PTO, including bereavement, parental and caregiver leave, and general policies. It highlights how crucial supportive leave policies are in building a healthy workforce. #PTO #WorkLifeBalance #HumanResources #EmployeeBenefits https://lnkd.in/ePSJVpWT