MARKS PANETH EXPANDS EMPLOYEE BENEFITS PACKAGE TO INCLUDE PAID PARENTAL LEAVE

December 16, 2016

New York, NY (December 8, 2016) – Leading accounting, tax and advisory firm, Marks Paneth LLP, announced today its new firm-wide paid parental leave policy. Effective January 1, 2017, new mothers and fathers, including adoptive parents of children under the age of 18, will be eligible for up to 6 weeks of fully-paid parental leave.

“We strive to empower our employees with an environment conducive to professional and personal fulfillment,” said Steven Sacks, Director of Human Resources at Marks Paneth. “We believe the addition of this parental leave program to our employee benefits package will better enable our professionals to actively participate in this very important part of their children’s lives.”

The new benefit will be available to primary caregivers—the individual who has primary responsibility for the custody, care and control of the child immediately following birth or adoption—and to non-primary caregivers once the employee has completed a full-year of employment with the firm.

For more information, please contact John McKenna of ICR, Inc. at (203) 682-8252 or john.mckenna@icrinc.com.

About Marks Paneth LLP

Marks Paneth LLP, a premier accounting firm dating back to 1907, is ranked the 34th largest accounting firm in the nation and one of the 8th largest in the Mid-Atlantic, as reported by Accounting Today and Inside Public Accounting. With a team of more than 600 people, including more than 90 partners, based out of offices throughout the Mid-Atlantic Region, Marks Paneth provides public and private businesses with a full range of audit, accounting, tax, consulting, trade remediation and valuation services, as well as litigation and financial advisory services, to domestic and international clients.  The firm serves clients in a wide range of industries including real estate; hospitality; manufacturing, wholesale and distribution; retail; media and entertainment; nonprofit and government; financial and professional services industries; and high-net-worth individuals and their families. 

The firm has a strong track record of supporting emerging growth companies, entrepreneurs, business owners and investors with highly specialized services as they navigate the business life cycle. Readers of the New York Law Journal ranked Marks Paneth as one of the area's top three forensic accounting firms for six consecutive years.

The firm also provides information technology consulting services to small and medium-sized companies and nonprofit organizations through its subsidiary, Tailored Technologies, LLC.

Marks Paneth membership in Morison KSi Ltd., a leading international association for independent business advisers, financial consulting and accounting firms, facilitates service delivery to clients throughout the United States and around the world. 

Marks Paneth is headquartered in New York City, with additional offices in New York State, New Jersey, Pennsylvania and Washington, DC. For more information, please visit markspaneth.com

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