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: N/ANumber of Employees: 17,413
New Jersey-based Prudential Financial offers investment, insurance, and financial services in over 30 countries across the globe. With over 17,000 full-time employees, a plurality of whom work as customer service associates, Prudential is making an effort to update its benefits package. Since April 1, the company has offered new mothers and fathers 10 fully paid weeks off – up from four – that can be taken at one time or up to three segments. The company also offers fertility services, a $10,000 reimbursement for adoption, and an expectant parent coach to help navigate the company’s benefits.
While Prudential doesn’t offer full-time on-site daycare, it does subsidize the cost of the childcare at over 2,500-plus eligible centers and offers emergency backup care at two corporate facilities. All employees are eligible for 22 days of PTO after one year.
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.