NEWARK, N.J., September 15, 2016 - Prudential Financial, Inc. (NYSE:PRU) employee adoption benefits have once again been recognized by the Dave Thomas Foundation for Adoption on the organization’s 2016 Best Adoption-Friendly Workplaces List.
“We are honored to be recognized as a top adoption-friendly company for more than a decade,” says Maureen Corcoran, vice president of Health, Life and Inclusion. “Prudential’s adoption and foster care benefits demonstrate a commitment to helping employees build their families in a diversity of ways.”
Supporting New Parents
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 2016 100 Best Adoption-Friendly Workplaces list precedes 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 top adoption-friendly workplaces. Listed companies are determined by an analysis of financial assistance and paid leave for families who adopt, based on surveys completed by employers.
“We’re committed to dramatically increasing the number of adoptions from foster care, and commend all employers who support families – especially those that grow their families through adoption,” said Rita Soronen, president and CEO of the Foundation. “We are so grateful to every company that has adoption-friendly benefits in place, and we’re honored to recognize them as an Adoption-Friendly Workplace.”
The Best Adoption-Friendly Workplaces list 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 23,000 children in foster care turn 18 and age out of the system without families.
About The Dave Thomas Foundation for Adoption
The Dave Thomas Foundation for Adoption is a national nonprofit public charity dedicated exclusively to finding permanent homes for the more than 130,000 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.
About Prudential Financial, Inc.
Prudential Financial, Inc. (NYSE: PRU), a financial services leader with more than $1 trillion of assets under management as of June 30, 2016, 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 www.news.prudential.com.