NEW YORK, NY, September 24, 2019 — Working Mother Media revealed its annual list of the "100 Best Companies" for 2019 today, representing more than 2 million employees in the U.S., and UBS was one of the 100 companies named to the list.
This year’s winners rank highly on inclusive benefits for families, including gender-neutral parental leave, gradual phase-back after leave, and accessible, affordable childcare.
"We're honored to once again be recognized by Working Mother Media for our dedication to fostering an inclusive workplace in which all parents feel supported and appreciated for their contributions to our success," said Tom Naratil, Co-President GWM and President Americas. "I'm proud that UBS is driving meaningful change for every parent so that they can all play a pivotal role in their children's caregiving while continuing to pursue their own professional ambitions."
Key data findings from the "2019 100 Best Companies" list:
- The average number of fully paid weeks of maternity leave by Working Mother's 100 Best Companies is 11 weeks, compared with an average of four weeks nationally (according to the Society for Human Resource Management)
- Companies are continuing to move toward gender-neutral parental leave: 57 percent of Working Mother's 100 Best Companies offer the same number of weeks for both parents
- 31 percent of female employees at Working Mother's 100 Best Companies participate in a leadership-development program; 33 percent of female employees participate in one-on-one formal mentoring
- 98 percent of Working Mother's 100 Best Companies offer flexible working hours, with 79 percent of employees using it; 99 percent also offer telecommuting or a work from home offering, and 54 percent of women employees are taking advantage of it
- 75 percent of Working Mother's 100 Best Companies offer sick-child care, and 94 percent have backup/emergency childcare that parents can use if needed
“Parents are speaking out more than ever before about what they need in order to succeed at work and at home, and employers are paying attention,” says Meredith Bodgas, editor-in-chief of Working Mother. “By implementing family-friendly policies such as flexible schedules, paid parental leave, post-leave phase-back periods and mentoring programs, our 100 Best Companies are taking the needs of their employees into consideration in order to create a supportive, inclusive and productive environment.”
Notes to Editors:
The 2019 "Working Mother 100 Best Companies" application includes more than 400 questions on leave policies, workforce representation, benefits, childcare, advancement programs, flexibility policies and more. It surveys the availability and usage of these programs, as well as the accountability of the many managers who oversee them. All applicants receive feedback showing how they compare with other applicants; however, the names of applicants that do not make the list are kept confidential. Company profiles and data come from submitted applications and reflect 2018 data. UBS did not pay a fee in exchange for this ranking.
UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. UBS' strategy is centered on our leading global wealth management business and our premier universal bank in Switzerland, enhanced by Asset Management and the Investment Bank. The bank focuses on businesses that have a strong competitive position in their targeted markets, are capital efficient, and have an attractive long-term structural growth or profitability outlook.
UBS is present in all major financial centers worldwide. It has offices in 52 countries, with about 34% of its employees working in the Americas, 34% in Switzerland, 18% in the rest of Europe, the Middle East and Africa and 14% in Asia Pacific. UBS Group AG employs approximately 61,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).
About Working Mother Media
Working Mother Media (WMM), a division of Bonnier Corp., publishes Working Mother magazine and its companion website, workingmother.com. The Working Mother Research Institute, the National Association for Female Executives, Diversity Best Practices and Culture@Work are also units within WMM. WMM’s mission is to serve as a champion of culture change, and Working Mother magazine is the only national magazine for career-committed mothers. Follow us on Facebook, Twitter, LinkedIn and Pinterest.