Top 3 Family-Friendly Companies
October 14, 2016 Leave a comment
According to a 2015 Pew Research Center study, in 46% of two-parent households, both parents work full time. That’s up from just 31% in 1970. The increasing amount of working parents has led many companies to establish more family-friendly policies. The following companies have excellent parent benefit packages, earning them a spot in the top 3 family-friendly companies in the U.S.
1. KKR Private Equity Firm
In an interview with Bloomberg, Henry R. Kravis, co-founder of KKR, stated that his number one piece of advice to young entrepreneurs was to “believe in yourself, build an incredibly strong team, and focus on your company’s culture.”
KKR, which is worth an estimated 71 billion, has had enormous success with their inclusive company culture. Just last year, the private investment firm introduced a new perk for parents: when it comes to business trips, the firm will pay for nanny and infant airfare during the baby’s first year.
That’s in addition to their gender-neutral parental leave, which is set at 16 weeks for the primary caregiver.
2. Capriotti’s Sandwich Shop
This growing fast-food sandwich franchise now has shops in 16 states. But the company is being lauded for more than just their delicious subs. Parents who work at Capriotti’s are encouraged to take time off whenever they want in order to attend their children’s events and activities. But perhaps more impressive the company’s egalitarian approach to time-off:
“If this kind of flexibility applies to one member of the team, it must apply to all,” CEO Ashley Morris stated. “This creates a culture of support and understanding, and policies like these tend to help in retaining talent and creating an environment that fosters quality work.”
3. Campbell Soup Company
This year, Campbell Soup Company enacted a new parental paid leave policy in which 10 weeks of paid leave are granted to the primary caregiver, and two weeks are given to the secondary caregiver. Parental leave advocates love the policy because it doesn’t discriminate based on gender or sexual orientation.
Paid leave aside, the company also has an onsite lactation room for breastfeeding mothers. Additionally, parents with older children can take advantage of the company’s onsite after-school activities, summer programs, and kindergarten classes.
Standing by her dedication to diversity, CEO Denise Morrison stated, “Families today are a mosaic. Families will decide different roles in their lives. The expectation is that we as a company will be flexible.”