CSID Raises Bar for Parental Leave in Austin

New policy allows for 12-weeks paid maternity and paternity leave
over 6-month period

AUSTIN, Texas–(BUSINESS WIRE)–CSID,
a leading provider of global identity protection and fraud detection
technologies for businesses, their employees, and consumers, today
announced the company is implementing a new parental leave policy for
2016 for its male and female employees that includes 12 weeks of 100%
paid time off (PTO) with the flexibility to distribute the leave over a
six-month time period as best suits their families and careers.

The policy was developed to reflect the evolving modern landscape of
parenting, encouraging employees to spend more time with their newborn
or newly-adopted children and potentially combine their leave with that
of their co-parent, easing the transition back to work and allowing new
parents to spend more time at home with their new addition to the family.

“At CSID, we’ve always believed that the happiness and personal
fulfillment of each and every one of our employees is directly related
to our company success, and strived to create an environment reflective
of our core values,” said President and Co-Founder, Joe Ross. “We’re
glad that technology industry behemoths like Facebook have brought
parental leave to the forefront of the benefits conversation and more in
line with the modern family. We want to demonstrate that mid-size
companies are also capable of offering these types of policies for their
employees. We believe we are one of only two companies in Austin
offering parental leave at this level.”

Under the Family and Medical Leave Act (FMLA), companies with more than
50 employees are required to provide 12 weeks of job-protected leave for
family and medical reasons with continuation of group health insurance,
but there are no requirements for employers to provide paid leave during
this period.

“Research has continued to show the benefits of paid parental leave –
including the psychological well-being of new parents and also the
probability that they will return to work,” said Senior Director of
Human Resources at CSID, David Darrow. “We’re excited to roll out a
policy that we strongly believe will be mutually beneficial for our
employees and the company.”

CSID’s parental leave policy joins a host of other competitive benefits,
including:

  • Flexible, open vacation policy for exempt employees
  • Free identity protection coverage
  • 401k with generous company match
  • On-site gym and bi-weekly on-site yoga classes
  • Open office environment that fosters collaboration.

A comprehensive list of benefits can be found at https://www.csid.com/careers/benefits/.

About CSID

CSID is a leading provider of global identity protection and fraud
detection technologies for businesses, their employees, and consumers.
With CSID’s enterprise-level solutions, businesses can take a proactive
approach to protecting the identities of their consumers all around the
world. CSID’s comprehensive identity protection services extend beyond
credit monitoring to include a full suite of identity monitoring and
fraud detection services; identity theft insurance provided under
policies issued to CSID; full-service restoration services; and
proactive data breach services.

Contacts

INK Public Relations for CSID
Ariel Miller, 512-382-8987
csid@ink-pr.com

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