Paid Parental Leave (PPL) Policy

PRIMARY CAREGIVERS
Primary caregivers may take up to 16 weeks of continuous paid time off – or choose to break up the time off for increased flexibility:

  • Weeks 1 to 8 must be taken immediately following the birth, adoption or foster care placement
  • Weeks 9 through 16 may now be taken continuously or intermittently in at least 2 week increments within the first 12 months of the event. The scheduling of the intermittent leave is subject to business needs and requires manager approval

* Wealth Management and Wealth Management Operations employees must have completed 1 year of service with Morgan Stanley at the time of the birth, adoption or foster placement to be eligible as a “primary caregiver” under the Paid Parental Leave policy.

NON-PRIMARY CAREGIVERS
Non-primary caregivers are eligible for paid time off, which must be taken immediately following the birth, adoption or foster care placement:

  • 4 weeks of paid time off for employees with at least 1 year of service at the time of the event
  • 1 week of paid time off for employees with less than 1 year of service at the time of the event
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