i4cp Members Recognized by Working Mother Magazine
Six i4cp member companies, Abbott, Booz Allen Hamilton, Intel, JLL, Prudential Financial, and Takeda, have been named to the 2018 Working Mother 100 Best Companies list.
This year’s winners are recognized for their commitment to helping working parents succeed at home and at work through the extension of benefits, flexible work arrangements, and supportive services.
According to Working Mother, these employers exemplify what makes an organization great for working parents through dedication to gender equity, expanded parental leaves, broad fertility benefits, flexible workplaces, employee-resource groups for parents/caregivers, assistance with special needs to include childcare, career development for women, and formal mentoring programs.
Here’s a brief overview of the i4cp members honored:
Abbott offers employees exceptional fertility support to include reimbursing employees or partners (including same-sex partners) for in vitro fertilization, egg freezing, and surrogacy expenses.
Managers at Abbott receive specific training in how to hire, manage or advance women. The results are telling—the percentage of employees earning promotions to the manager level and above who are women is 50% as is the percentage of employees earning promotions to the manager level and above who are women; 36% of the top 10% of earners at Abbott are women and 36% of Abbott’s board of directors members are women.
Booz Allen Hamilton
Booz Allen Hamilton has been named to the Working Mother 100 Best Companies list for 20 years running in addition to being recognized on the Diversity Best Practices Inclusion Index.
Employee advancement initiatives include the firm’s Return to Work program, which offers paid internships for engineers and tech workers who have taken time off.
Booz Allen Hamilton also empowers employees to manage how they apportion their paid time off to make time for what they need for vacation, illness, appointments, etc. and they are also free to share their accrued paid time off with co-workers. In times of emergency, the firm supports its employees, for example, when last year’s Hurricane Harvey impacted most of the 120 Houston-area employees, the company offered a one-month salary advance and five days of paid office-closure leave to those affected.
In addition to the Working Mother 100 Best Companies list, Intel has been recognized on the NAFE Top Companies for Executive Women, Best Companies for Multicultural Women lists and the Diversity Best Practices Inclusion Index.
Employees at Intel are eligible to receive a lifetime maximum of $40,000 for expanded conception services, with $20,000 of prescription-drug coverage for conception-related conditions. Parental support and leave benefits at Intel include up to $15,000 per adoption with no lifetime maximum, and eight fully pad weeks of parental leave after one year of employment, which includes maternity, paternity, and adoption.
Chicago-based JLL, a professional services firm that specializes in real estate and investment management, has also earned spots on the NAFE Top Companies for Executive Women list, and the Diversity Best Practices Inclusion Index.
Nearly all (96%) of U.S. employees at JLL have the option of working flexibly, with 11% working solely from a virtual location and 50% with the ability to work from home at least once a week. JLL also offers employees backup childcare, which can be used occasionally when regular childcare isn't available.
JLL is committed to reaching gender pay equity, and job applicants no longer are asked to share their salary histories. All managers at JLL receive training specifically on the topic of how to hire, train, and manage or advance women.
In addition to being named to the Working Mother 100 Best Companies, Prudential Financial has earned spots on the, NAFE Top Companies for Executive Women list and Best Companies for Multicultural Women lists and the Diversity Best Practices Inclusion Index.
Prudential is committed to family-friendly benefits; in 2017, the financial-services company introduced an Expectant Parent Coach program for employees, spouses and partners with about 15% of parents-to-be using the service. The coach (in-person and by phone) assists with navigating leaves of absence, benefits, childcare, and other needs. In 2018, Prudential expanded paid parental leave from four to 10 weeks, which follows a move to double this leave from two to four weeks in 2016.
Women make up just over half (53%) of Takeda’s U.S. workforce, 46% of the company’s managers are women, and the president leads a team of 10 senior executives, 50% of whom are women, so it’s not surprising that the pharmaceutical has earned a spot on the Working Mother 100 Best Companies list.
In 2017, women made up 60% of U.S. participants in the pharmaceutical company’s Accelerator Program, which advances early-career employees to leadership roles. Takeda also has policies in place that to allow employees to move on and off management or leadership tracks.
The full list of the 2018 winners is available here, and includes details of the results of each of the categories by which the top 100 organizations were vetted—representation of women in leadership roles, parental leave, family support, advancement, and flexibility