Wall Street’s Gilded Maternity Perk: Nannies Fly Free

KKR has extended its leave time for new parents and added a benefit allowing them to bring a new child and caregiver on business trips

KKR Adds Perk in Bid to Keep Talent

KKR & Co., one of the oldest private equity firms, is rolling out a new perk in the struggle to hire and retain talent: flying nannies.

Billionaire co-founders Henry Kravis and George Roberts in May extended the company’s leave time for new parents and added a benefit allowing them to bring a new child and caregiver on business trips, paid for by KKR. It’s the only major private equity firm, and one of the few U.S. companies, to offer the travel policy, according to the Families and Work Institute.