Paid Parental Leave and Female Faculty Retention

Nicholas Rupp and Lester A. Zeager ()
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Lester A. Zeager: East Carolina University

Eastern Economic Journal, 2018, vol. 44, issue 3, No 7, 475-488

Abstract: Abstract We propose a theoretical framework in which a university sets its paid parental leave length to balance the costs of providing the paid leave against the cost savings from higher female faculty retention. The theory has implications for the decision to offer a paid leave policy as well as the optimal length of leave, both of which depend on worker characteristics. Using data from a large public university that reduced its paid leave under severe budgetary pressures, we illustrate the calculations needed to determine whether paid leave is cost-effective for faculty in the clinical and nonclinical divisions.

Keywords: parental leave; compensation; labor turnover; family support programs; J3; I2 (search for similar items in EconPapers)
Date: 2018
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DOI: 10.1057/s41302-017-0099-9

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