Prudential and Penguin Benefits to launch leave planning tool

Prudential Financial is partnering with Penguin Benefits to launch a leave planning tool that simplifies leave options for employees and employers. Starting in 2025, the tool will enhance Prudential’s absence management services by offering personalized, real-time information on short-term disability, company-sponsored, federal, and state leave options.

Initially focusing on parental leave, the tool will expand to cover other leave types.

“We’re thrilled that Prudential has chosen to deliver our comprehensive planning tool to their absence clients. Given Prudential’s commitment to empowering working parents to obtain financial well-being and peace of mind during important life events, we’re pleased to support their mission through our cutting-edge leave planning platform.” – Chengchen “CC” Li, Penguin’s chief executive officer.

“Prudential is committed to continuously enhancing the workplace benefits experience for the organizations and employees we serve. This collaboration is an important part of our efforts to simplify leaves for everyone.” – Jess Gillespie, Prudential’s head of Group Insurance Product & Underwriting.