Corporate Responsibility

Unemployment is at its lowest point since 1969 and job openings are at a 17-year high, according to the Bureau of Labor Statistics. With a tightened labor market the competition for candidates with the right skill set is soaring. Yet, many workers lack the skills necessary to pursue new opportunities, suggests a new survey from Prudential Financial, Inc.

Growing up in the segregated South, Gilbert Casellas learned early what it means to feel excluded. He attended a segregated school in the mostly Latino community of Ybor City in Tampa, Florida, and couldn’t use water fountains or go to movie theaters designated whites-only.

In response to the ongoing wildfires throughout California that have devasted communities and displaced thousands, Prudential is committing $100,000 to the California Community Foundation and has launched an employee matching gifts campaign of up to $25,000 to California Fire Foundation.

They call Alaska “The Last Frontier” for good reason. For most Americans, the 49th state evokes a frigid wilderness capped with electric-blue glaciers and frozen tundra, with spruce forests overrun by grizzly bears and crystal-clear rivers swimming with salmon. For the Braccos, a military family that was relocated from El Paso, Texas, to Fairbanks a year ago, it’s the polar opposite of everything they’ve ever known.

Prudential's fourth American Workers Survey, conducted in September, found that American workers believe the business community is among the best-suited to provide the financing needed to help their communities thrive—with small businesses and large employers ranking ahead of state government, individual community members and federal government.

There are about 4.9 million opportunity youth in the U.S.—young people between the ages of 16 and 24 neither in school nor working—who never earned their high school diploma or its equivalent for a wide array of reasons. Many of these youth and their families are living at or below the poverty line, and are among the 40 percent of Americans who are struggling to meet at least one of their basic needs.

NEWARK, N.J., September 18, 2018 - PGIM has named Kathy Sayko as its next chief inclusion and diversity officer, effective Sept. 12. Sayko will succeed Cathy Verhoff, who is retiring at the end of the year. PGIM, among the world’s top 10 asset managers with $1.2 trillion in assets under management as of June 30, 2018, is the global investment management business of U.S.-based Prudential Financial, Inc. (NYSE: PRU).

To help those affected by Hurricane Florence and its aftermath, Prudential is supporting relief efforts by committing grants through The Prudential Foundation. Funds will be allocated to national and local organizations that are providing direct response.

They’ve invented ways to prevent plane crashes and manufacture inexpensive prosthetic limbs. They’ve helped comfort soldiers with PTSD and rebuild communities devastated by fire and hurricanes. They’ve fought hunger and raised money for cancer research. And most are not even old enough to vote.

Vishal Jain, financial wellness officer for Prudential’s Workplace Solutions Group, told U.S. senators that legislation making it easier for Americans to save for retirement would go a long way to helping them ease mounting financial burdens.