MANILA, Philippines–Is the Expanded Maternity Leave Act good for women but bad for business? ADVERTISEMENTBut among large corporations listed on the Philippine Stock Exchange, the new maternity law is not expected to gnaw on earnings. “These [employed] women won’t get pregnant at the same time,” said Eagle Equities Inc. president Joseph Roxas. Insignificant costSaid Raymond Neil Franco, head of research at Abacus Securities: “The additional cost probably won’t be significant. On the other hand, would the longer maternity leaves result in better retention of good employees who might otherwise resign, and better employee engagement overall?

Source: Philippine Daily Inquirer February 22, 2019 23:15 UTC