New Relic has expanded its paid parental leave policy to 12 weeks of full pay for employees following a child's birth, adoption, or placement, effective January 1, 2020, and also introduced backup childcare support through Care.com. This enhancement aims to provide more family bonding time and places New Relic at the forefront of a rapidly changing competitive landscape. The company is committed to exploring opportunities to extend similar support for parents and caregivers outside the United States. With U.S. unemployment at historic lows, excellent benefits like paid parental leave are crucial in attracting and retaining employees, reducing turnover costs. The lack of mandated paid parental leave in the United States is a significant consideration, with only eight states having passed state paid family leave laws, and no federal law requiring private-sector employers to provide paid leave. New Relic's commitment to providing excellent employee benefits aligns with growing public and private sector momentum to support working families.