NEW YORK (MainStreet) — The CEO of a billion-dollar database company called MongoDB made news this summer when he stepped back from his job and faced a heavy dose of criticism.
Max Shireson reportedly took a lesser role with the organization so he could cut back on travel and spend more time with his kids who are 14, 12 and 9 years old.
“The more we see and take stock of these events and support working families, the more you’re going to see that double standard around paternity leave really start to erode,” said Chris Duchesne, vice president of Global Workplace Solutions for Care.com. Whether it’s professional athletes, lawyers, finance professionals or technologists, a fear of being off the job often keeps new fathers from taking time off following a baby’s birth. Some 16% of new fathers take no time at all.
“They feel they can’t afford it,” Duchesne told MainStreet. “With so many working fathers who don’t have the option of taking paid leave, it’s hard for working families to go without the paycheck especially when the mother doesn’t have the option of taking paid time off either.”
Some 50% of fathers said they’d need at least 70% of their salary to take time off and nearly half reported they’d need 100% of their pay, according to a recent study from Boston College’s Center of Working Family.
“The secondary fear working dads have is that they will be passed over or replaced while they’re out of the office for family reasons,” Duchesne told MainStreet. “This impacts both family dynamics and company culture by adding a level of stress or strain, where fathers feel like they have to choose between work and family.”