Knowing you can take an extended break without having it affect your job security would be an amazing weight off an employee’s shoulders
Wouldn’t you want to work for and support a company that cares so much for its employees that it is willing to offer them paid time to do whatever they want?
Employees who care about their company are more willing to stay. Employees who know they can take an extended break will also be more willing to stay
Parents could take time off to be with their families at the times that they deem most important. Sabbatical would also help families with elder care.