Parenting can mean formidable work and career challenges, which is why some companies strive to provide practical benefits for working parents. To highlight those companies, Fortune magazine and its research partner, Great Place to Work, have ranked “The 50 Best Workplaces for Parents.”
These rankings were based on feedback provided by employed parents, but also took into account the anonymous responses of parents and non-parents and reviewed factors like job level, parent leave, schedule flexibility and other factors.
Great Place to Work surveyed more than 400,000 employees to find out which establishments take care of their working parents the best.
Even though Fortune’s top 10 included companies such as Workday, Ultimate Software, Deloitte, Comcast NBC Universal, Salesforce, Cooley, SAP America, Kimley-Horn and Wegmans Food Markets, Financial Advisor's list will only feature the relevant financial services companies.
The best financial companies to work for, according to parents, were:
#46 Bank of America
Parental Benefits:
Fertility treatments covered by health plan: Yes
Total maternity leave: 80 days
Fully paid maternity leave: 80 days
Total paternity leave: 80 days
Fully paid paternity leave: 80 days
Parental leave after adoption: 80 days
Parental-leave benefits to part-time employees: Yes
On-site or near-site childcare center: Yes
#38 Navy Federal Credit Union
Parental Benefits:
Total maternity leave: 60 days
Fully paid maternity leave: 55 days
Total paternity leave: 60 days
Fully paid paternity leave: 10 days
Parental leave after adoption: 60 days
Parental-leave benefits to part-time employees: Yes
Offers compressed workweeks.
No on-site or near-site childcare center.
#35 First Horizon National
Parental Benefits:
Total maternity leave: 170 days
Fully paid maternity leave: 100 days
Total paternity leave: 100 days
Fully paid paternity leave: 20 days
Parental leave after adoption: 100 days
Parental-leave benefits to part-time employees: Yes
On-site or near-site childcare center: Yes
Offers flexible schedules, telecommuting and compressed work weeks.
No coverage for fertility treatments.
#31 Allianz Life Insurance Company of North America
Parental Benefits:
Fertility treatments covered by health plan: Yes
Total maternity leave: 60 days
Fully paid maternity leave: 35 days
Total paternity leave: 60 days
Fully paid paternity leave: 20 days
Parental leave after adoption: 60 days
Parental-leave benefits to part-time employees: Yes
On-site or near-site childcare center: Yes
Offers flexible schedules and telecommuting.
#30 Progressive Insurance
Parental Benefits:
Fertility treatments covered by health plan: Yes
Total maternity leave: 60 days
Total paternity leave: 60 days
Parental leave after adoption: 60 days
No on-site or near-site childcare center
#23 Capital One Financial
Parental Benefits:
Fertility treatments covered by health plan: Yes
Total maternity leave: 90 days
Fully paid maternity leave: 85 days
Total paternity leave: 40 days
Fully paid paternity leave: 40 days
Parental leave after adoption: 40 days
#15 USAA
Parental Benefits:
Fertility treatments covered by health plan: Yes
Total maternity leave: 95 days
Fully paid maternity leave: 85 days
Total paternity leave: 60 days
Parental leave after adoption: 60 days
On-site or near site childcare center: Yes
No parental leave benefits to part-time employees.
#11 American Express
Parental Benefits:
Fertility treatments covered by health plan: Yes
Total maternity leave: 130 days
Fully paid maternity leave: 130 days
Total paternity leave: 100 days
Fully paid paternity leave: 100 days
Parental leave after adoption: 100 days
Parental-leave benefits to part-time employees: Yes
On-site or near-site child care center: Yes
#6 Edward Jones
Parental Benefits:
Total Maternity Leave: 120 days
Fully-paid maternity leave 120 days
Total paternity leave: 14 days
Fully-paid paternity leave: 14 days
Parental leave after adoption: 120 days
Parental-leave benefits to part-time employees: Yes
No coverage offered for fertility treatments and no on-site or near-site childcare center.
To see the full report, click here.
