Fatherly’s annual “50 Best Places to Work for New Dads” ranking is a celebration of corporations committed to helping men manage their dual roles as providers and caregivers. Though only one company can be ranked number one, every company featured has provided real support for working parents with exceptional and thoughtful offerings.
2017 Rank: 23
Number of Employees: 18,200
Median Salary: $100,900
Located in New Jersey, BASF is a giant in the chemical industry. The bulk of the company’s employees work as production technicians aiding in the manufacture of chemical compounds for products like ibuprofen. The company changed its leave policy in 2017 offering a full 8 weeks of paid parental leave for both new and adoptive parents and three weeks for foster parents. New mothers, on the other hand receive 14 weeks of paid leave for a regular delivery and 16 for a cesarean delivery. BASF also offers employees a company-paid adoption benefit covering costs of adoption up to $5,000 and fertility treatments are covered up to a $10,000 lifetime cap.
While BASF does not have any specific perks for child care once a kid is born, the company offers a “consulting firm” for working parents seeking career resources and advice as well as a generous flex time program called “Designed to Fit” which allows employees to telecommute based on certain contingencies. About 40 percent of current BASF employees take advantage of that program.
“We believe that our working families should be there for the life-changing and momentous occasions, the times they are needed most,” explains BASF Total Rewards Manager Lauren Gaul.
Fatherly’s 2018 rankings are based on a scoring metric inclusive of data related to company policies on the following issues: paid parent leave, ramp-back time, flextime, onsite childcare, childcare subsidies, backup childcare, number of sick days, support groups, fertility aid, adoption aid, student loan assistance, education funding, bereavement leave, elder care planning. Length of paid leave, onsite childcare, and ramp-back time were the most heavily weighted ranking factors.