A family friendly employer doesn’t just make it possible for parents who work there to care for their children without worrying about jeopardizing their job status.

In addition, a true family friendly employer also provides useful benefits that match the needs of working parents.

Here are five of the friendliest according to Working Mother magazine. Benefits and working conditions taken into account include schedule flexibility, paid family leave, and the availability of child care and other child-related perks.

Abbott Labs

In addition to being named one of the top 10 family friendly employers by Working Mother, health care company, Abbott Laboratories (NYSE: Dave Thomas Foundation, and Best Family Friendly Management accreditation by the Korea Ministry of Gender Equality and Family.

Although Abbott provides paid maternity and paternity leave, as well as paid adoption leave, and a child care benefit, the company’s innovative flextime work schedule has been found useful by 97 percent of the workforce.

Other innovations include $10,000 in adoption aid and $50,000 for fertility or IVF coverage.

Related: Abbott Laboratories Conference Call Highlights

General Mills

Family-friendly perks General Mills (NYSE: GIS) employees receive, according to Fortune, include on-site child care, job sharing, and compressed workweeks.

In addition, Working Mother said, the company’s on-site beauty salon, cafeteria, day care, gym, gas station, tailor, and medical clinic (including dental and vision care) are real time-savers for parents on the go.

Other advantages include paid sabbatical leave, paid maternity, paternity, and adoptive leave, and the ability to telecommute, a perk taken advantage of by virtually all General Mills employees.


International Business Machines' (NYSE: IBM) approach to family concerns includes finances. The company offers unlimited free financial counseling to all employees.

Low-cost day care services, college 529 plans, and scholarship availability also help parents manage the family budget. These resources sprang from the fact that more 20 years ago IBM launched the first national corporate child care initiative, which became a five-year, $25 million IBM Funds for Dependent Care Initiative designed to help employees achieve balance between work and family life.

Parents who are in poor health cannot care for their children, a fact IBM recognizes through a unique incentive that pays families up to $300 each year for eating right, exercising, and other healthy behaviors.

Related: IBM Watson Acquires Cognea To Offer Conversational Virtual Personalities

Procter & Gamble

Personalized work schedules are also a big part of the family friendly policies of Procter & Gamble (NYSE: PG). Another component is education. Two years ago the company brought in a team of work life professionals to help more than 2,500 P&G employees deal with everything from health and wellness to financial matters and even issues related to education.

Nearly all Procter & Gamble employees telecommute as part of their workweek. In addition, flextime schedules are the norm for workers.

P&G’s family friendly reach has been both worldwide and beyond the employee base with the company winning Best Company in Community Involvement, including Child Focused Corporate Social Responsibility (CSR) three years ago in Nigeria.

Related: 6 Major Retailers Starting Back-To-School Campaigns

Prudential Financial

Financial services firm, Prudential Financial (NYSE: PRU) lets employees who are new mothers take up to 26 job-guaranteed weeks off, nine of which are partially paid. In addition, employees can earn up to 36 days of paid time off each year, something many parents use to supplement the paid leave.

Adoption is encouraged with an allowance of up to 11 weeks off and as much as $10,000 in adoption expense reimbursement. The Dave Thomas Association ranked Prudential as one of the top 100 adoption friendly workplaces.

Once the child arrives, the benefits continue. Additional perks include a solid lactation program, infant transition services, child care, and eight on-site wellness centers.

Up to 90 percent of Prudential employees take advantage of a flextime schedule and 79 percent telecommute.

At the time of this writing, Jim Probasco had no position in any mentioned securities.

Related Articles
  1. Economics

    Long-Term Investing Impact of the Paris Attacks

    We share some insights on how the recent terrorist attacks in Paris could impact the economy and markets going forward.
  2. Economics

    Is Wall Street Living in Denial?

    Will remaining calm and staying long present significant risks to your investment health?
  3. Economics

    Will Recession Become Reality in 2016?

    Due to creative measures by central banks, there is no telling when a recession will actually occur, but natural economic forces will eventually win.
  4. Investing

    A Surprising Way to Seek Income as Rates Rise

    As an alternative investment, income-seeking investors may turn to dividend-paying exchange traded funds (ETFs) as a way to seek both income and growth.
  5. Stock Analysis

    Will the Stock Rally Last Past Christmas?

    The stock market can't seem to make up its mind. Will investors end up with coal for Christmas or might their wishes come true?
  6. Economics

    The Biggest Oil Producers in the Middle East

    Discover which countries produce the most oil in the Middle East, a region long known for its influence on international petroleum markets.
  7. Economics

    The Biggest Oil Producers in Africa

    Discover which African countries produce the most oil, and learn more about which domestic and international oil companies operate in each country.
  8. Economics

    The Biggest Oil Producers in Latin America

    Find out which countries produce the most oil in Latin America, and learn about some of the biggest oil companies operating in each country.
  9. Stock Analysis

    The 6 Biggest Russian Energy Companies

    Learn about the top energy companies in Russia, a country that holds some of the largest reserves of oil, natural gas and coal in the world.
  10. Stock Analysis

    The Biggest Oil Producers in Asia

    Learn which Asian countries deliver the most crude oil to market, and discover what companies are the biggest producers in each country.
  1. What is the long-term outlook of the metals and mining sector?

    An industry agency council was established by the World Economic Forum in 2014 to serve as an advisory board on the future ... Read Full Answer >>
  2. What is the railroads sector?

    The railroads sector is comprised of publicly traded stocks for companies that operate railroad tracks and/or trains. Railroad ... Read Full Answer >>
  3. Who are Amgen Inc.'s (AMGN) main competitors?

    Biotech giant Amgen Inc (AMGN) bills itself as one of the first biotechnology firms. It was founded in 1980 and has grown ... Read Full Answer >>
  4. What's the most expensive stock of all time?

    Back in late August 2012, Apple’s (AAPL) stock price reached nearly $700 per share. The stock has since split but has yet ... Read Full Answer >>

You May Also Like

Trading Center