The range of regulations surrounding paid leave actually provides a disincentive for employers to voluntarily create expansive paid leave policies. (Photo: Shutterstock)
An industry group representing large employers is warning that a patchwork of paid leave laws among states is hampering the ability of companies to offer consistent benefits to employees.
The ERISA Industry Committee (ERIC) is an advocacy group representing large employers who provide benefits under the Employment Retirement Income Security Act (ERISA), the wide-ranging federal regulatory law for minimum standards in employee benefits such as leave and retirement. ERISA plans cover more than 140 million workers in the US and control more than $7.6 trillion in assets, according to the Department of Labor.
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