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Peter Price
phone: 973-802-6847
08 October 2015

Prudential ranks as an Adoption-Friendly Workplace

Company cited for financial assistance and paid leave to employees that adopt.

NEWARK, N.J., October 08, 2015 - Prudential Financial, Inc. (NYSE:PRU) employee adoption benefits have been recognized by the Dave Thomas Foundation for Adoption on the organization’s 2015 Best Adoption-Friendly Workplaces List.

“We are pleased to be recognized for the tenth consecutive year for our family friendly adoption benefits,” says Maureen Corcoran, vice president of Health, Life and Inclusion. “Supporting employees who wish to adopt demonstrates our commitment to helping them achieve both their personal and professional goals. It's also an acknowledgement that we value the diversity of ways our employees build their families.”

Prudential employees are reimbursed up to $10,000 per adopted child and receive up to 26 weeks of parental leave. There is no limit on the number of adoptions that can be covered in a year or career. In addition, Prudential offers counseling services and referral programs to help employees through the adoption process. For employees who are foster parents, the company also provides $1,000 per calendar year for new, foster care placements.

The announcement of the 2015 100 Best Adoption-Friendly Workplaces list comes the month preceding National Adoption Month, a collective campaign to raise awareness of the children in foster care waiting to get adopted.

Since 2007, the Dave Thomas Foundation for Adoption has compiled an annual list of the 100 Best Adoption-Friendly Workplaces to honor employers who offer the best adoption benefits in the U.S. The rankings, compiled from an annual survey of U.S. employers, are determined by an analysis of each company’s adoption benefits, including the maximum financial reimbursement and the amount of paid leave provided for employees who adopt. New to this year’s campaign is the emerging leaders category so the Foundation can recognize even more adoption-friendly workplaces.

“Employers who offer adoption benefits understand that the initial needs of adoptive families are no different than families formed biologically – it helps ensure all families are treated equally by companies,” said Rita Soronen, President and CEO of the Foundation. “We are elated to see even more companies in the last year implement adoption-friendly and foster care-friendly benefits.”

The ninth annual Best Adoption-Friendly Workplaces list also helps increase foster care adoption awareness while celebrating businesses that support adoptive families. There are more than 100,000 children in the U.S. foster care system waiting to be adopted. Every year, more than 20,000 children in foster care turn 18 and age out of the system without families.

The Dave Thomas Foundation for Adoption is a national nonprofit public charity dedicated exclusively to finding permanent homes for the more than 134,000 children waiting in North America’s foster care systems. Created by Wendy’s® founder Dave Thomas who was adopted, the Foundation implements evidence-based, results-driven national service programs, foster care adoption awareness campaigns and innovative grant making. To learn more, visit davethomasfoundation.org, call 1-800-ASK-DTFA, or follow the organization on Facebook and Twitter.

Prudential Financial, Inc. (NYSE: PRU), a financial services leader, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit http://www.news.prudential.com/.

 

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