A Decade of Helping Moms Balance: The Principal Financial Group Recognized by Working Mother
The Principal is named to the “100 Best Companies for Working Mothers” list for a tenth time
September 15, 2011 (Des Moines, Iowa) – For the tenth time, the Principal Financial Group® has been honored for paving the way for new moms and families everywhere. The Principal® was once again named to the Working Mother 100 Best Companies list.
The Principal was recognized for access to onsite childcare and initiatives offering advancement for women in the company. A strong culture of flexibility and programs supporting work-life balance also greatly contributed to its appearance on the 2011 list.
“It is truly a rewarding honor to be consistently recognized as a flexible, mom-friendly workplace. Our company prides itself on being a leader in offering flexibility and benefits, not only to our working mothers, but to all our employees,” said Ralph Eucher, senior vice president, Human Resources at The Principal.
Demonstrating the power of change and their unwavering commitment to parents nationwide, 100 percent of this year’s winning companies offer flextime hours, telecommuting, paid maternity leave and employee assistance programs.
“With more than 169,000 women hired last year, this year’s 100 Best Companies make up an impressive group of winners who offer family-driven programs and benefits that far outpace their competitors,” said Carol Evans, President, Working Mother Media. “This year’s winning companies are proof that success lies in the numbers—97 percent of companies are offering prenatal education, weight-loss, wellness, and stress-reduction programs to employees at every level.”
Profiles of the 100 Best Companies, as well as national comparisons, are chronicled in the October issue of Working Mother and at workingmother.com/bestcompanies.
For more news and insights from The Principal, connect with us on Twitter at http://twitter.com/ThePrincipal.
Companies were selected for the 2011 Working Mother 100 Best Companies based on an extensive application with more than 650 questions that surveys the usage, availability and tracking of programs, as well as the accountability of managers who oversee them. Seven areas were measured and scored for the 2011 initiative: workforce profile, benefits, women’s issues and advancement, child care, flexible work, parental leave and company culture. For this year’s 100 Best, particular weight was given to benefits, flexibility and parental leave.
About the Principal Financial Group
The Principal Financial Group® (The Principal®) is a retirement and global asset management leader. The Principal offers businesses, individuals and institutional clients a wide range of financial products and services, including retirement, investment services and insurance through its diverse family of financial services companies. A member of the FORTUNE 500®, the Principal Financial Group has $335.8 billion in assets under management and serves some 16.5 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG.
About Working Mother Media
Working Mother magazine reaches 2.2 million readers and is the only national magazine for career-committed mothers; WorkingMother.com (www.workingmother.com) gives working mothers @home and @work advice, solutions, and ideas. This year marks the 26th anniversary of Working Mother’s signature research initiative, Working Mother 100 Best Companies, and the ninth year of the Best Companies for Multicultural Women. Working Mother Media, a division of Bonnier Corporation (www.bonnier.com), includes the National Association for Female Executives (NAFE, www.nafe.com), Diversity Best Practices (www.diversitybestpractices.com), and the Working Mother Research Institute. Working Mother Media’s mission is to serve as a champion of culture change.
About Bonnier Corporation
Bonnier Corp. (www.bonniercorp.com) is one of the largest consumer-publishing groups in America and is the leading media company serving passionate, highly engaged audiences, through 50 special-interest magazines and related multimedia projects and events. Bonnier Corp. is the U.S. division of the Bonnier Group (www.bonnier.com), a 200-year-old, family-owned media group based in Sweden with business operations in 25 countries.
- “The Principal Financial Group” and “The Principal” are registered service marks of Principal Financial Services, Inc., a member of the Principal Financial Group.
- As of June 30, 2011.