NEW YORK, November 13, 2018 — OppenheimerFunds, a leading global asset manager, was included on Working Mother’s inaugural list of “Best Companies for Dads,” which recognizes organizations that lead in the areas of paternity leave, phase-back programs, telecommuting opportunities, flexible schedules, and other initiatives.
“We are delighted that Working Mother has recognized OppenheimerFunds on its first-ever list of the best companies for dads,” said Andy Doyle, Chief Human Resources Officer at OppenheimerFunds. “It is important that our policies and time off programs for parents offer them flexibility to balance their personal and professional lives, while at the same time helping foster a culture built on trust, accountability and results.”
OppenheimerFunds was recognized by Working Mother specifically for its parental programs and benefits, which include a parent toolkit designed to help employees navigate their parental leave and return to work, and an employee assistance program that includes parent-specific resources and services. OppenheimerFunds’ leave of absence policy also includes 16 weeks maternity leave and 8 weeks of leave for new fathers.
OppenheimerFunds’ parental leave policies were also recently highlighted in Working Mother’s 2018 “Best Companies” for working mothers and by Fatherly as one of the 50 Best Places to Work for New Dads. The firm has received numerous awards for its benefits and workplace culture, including recognition on the Diversity Best Practices Inclusion Index and 2018 Disability Equality Index, by Working Mother as one of the Best Companies for Multicultural Women, and as a Diversity Champion in Investment News’ Diversity & Inclusion Awards. In addition, OppenheimerFunds has been named as one of the Best Places to Work for LGBTQ Equality by the Human Rights Campaign Foundation and a Best Place to Work in Money Management by Pensions & Investments.
As part of its diversity and inclusion efforts, OppenheimerFunds also provides employees with the opportunity to connect with the diverse experiences of colleagues by joining Business Resource Groups, which include the Asian Professionals Network, Black Professionals Network, Disabilities Network, Latino Professionals Network, LGBTQ+ Network, Military Network, and Women’s Network.
The complete list of the 2018 Working Mother “Best Companies for Dads” can be found here.
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OppenheimerFunds, Inc., a leader in global asset management, is dedicated to providing solutions for its partners and end investors. OppenheimerFunds, including its subsidiaries, manages more than $229 billion in assets for over 13 million shareholder accounts, including sub-accounts, as of October 31, 2018.
Founded in 1959, OppenheimerFunds is an asset manager with a history of providing innovative strategies to its investors. The firm’s 16 investment management teams specialize in equity, fixed income, alternative, multi-asset, and factor and revenue-weighted-ETF strategies, including ESG as a signatory of the UN PRI. OppenheimerFunds and its subsidiaries offer a broad array of products and services to clients, who range from pensions and endowments to financial advisors and individual investors. OppenheimerFunds and certain of its subsidiaries provide advisory services to the Oppenheimer family of funds, and OFI Global Asset Management offers solutions to institutions. The firm is also active through its Philanthropy & Community initiative: 10,000 Kids by 2020, reaching children with introductions to math literacy programs.
ABOUT THE METHODOLOGY
To determine this list, the Working Mother Research Institute examined answers to questions related to dads submitted to the application for Working Mother’s annual 100 Best Companies. Those questions include paternity leave, adoption leave, surrogacy and fertility benefits, phase-back programs, childcare options, telecommuting opportunities, and employee-resource groups for men. The responses were then assigned points, with the 35 organizations listed receiving the highest number of points.
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 and Diversity Best Practices 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.