Predict costs and mitigate risk with
paid parental leave insurance

Available for employers with 10+ full-time employees.

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Comparison

Better outcomes, all within budget

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Without

Self-funded policy

A risky option with no budget certainty or personalization

Variable costs = no budgeting

Hard to afford and manage

Often only for birthing parents

No or limited employee support

No leave and claim support

Manual tracking or not at all

60% return to work rate

Parento Difference

Parento

Covers all employees with a customizable fixed-price policy

Fixed price = budget certainty

Customizable policy

Covers all full-time employees

Personalization for employees

Assistance with STD/PFL filings

White-glove leave management

95% return to work rate

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Personalized

Customize a policy for your budget and team needs

Start your customization with length of leave, salary percentage, and weekly reimbursement. Using only a few pieces of non-personal employee data, we can deliver a custom quote within days.

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Compliant

Your new policy will cover all full-time employees

Our pioneering paid parental leave insurance covers all full-time employees who welcome a child through birth, adoption, and foster placement. Both birthing (e.g. moms) and non-birthing parents (e.g. dads, adoptive parents, foster parents, non-birthing mothers, etc) will be covered.

Parento's policies are EEOC, federally, and state compliant.

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Implementation

Launch your new policy in days, with no employee enrollment

With our low-lift implementation process, we can launch your new paid parental leave policy in days (seriously) and employees can begin using the Parent Experience Program on day one. And with no employee enrollment, you can implement a policy at any time.

We'll provide optional town halls and materials you need to announce your new policy and its offerings.

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Seamless

Parento works alongside state and private programs

Your new paid parental leave policy will work alongside state benefit programs, Paid Family Leave (where available) and your private short-term disability policy. Our Leave Concierge team will track all offsets and you have flexibility to run your policy concurrently or non-concurrently with existing state programs.

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Parento provided critical support

Not only did Parento help with the financial aspect of parental leave, but it also provided a coaching program and critical support for new and current parents on our team. Our team strives to create a "green carpet" experience for our Change Agents, starting with our offerings. Using data we were able to make a case to our Executive team on the value the program can bring and to dedicate a portion of our budget to this new [policy].

Karen Fong

Senior Director, Human Resources at Rescue Agency

Read the Case Study

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