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: 50
Full-time employees: 15,745
Median Salary: $69,280
Headquartered in Malvern, Pennsylvania, investment management giant Vanguard is the world’s largest provider of mutual funds, overseeing over $5 trillion in assets. The majority of Vanguard employees support the company’s Retail Investor Group, which serves individual investors and small businesses. Recent launches in the United Kingdom, Mexico, and Germany show the company’s international ambition, which fuels its recruitment of high-earning employees. As such, the company offers generous benefits, including, six weeks of paid leave for new fathers and, as of 2016, a wide variety of supports and subsidies for those pursuing adoption, surrogacy, and foster care.
Vanguard’s standout benefit? A strong academic assistance program that provides employees furthering their education up to $9,000 a year for tuition and books. It’s a way for parents to stay on top of the game in an evolving industry.
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.