AOL Named A 2010 Working Mother 100 Best Company
100 Best Lead the Way in Inspiring Change and Diverse Benefits for Work/Life Balance
New York, NY - September 14, 2010 - Celebrating its silver anniversary this year, the Working Mother 100 Best Companies initiative has selected AOL as one of the nation's top companies for family-friendly benefits. With 70 percent of mothers working-and women outnumbering men in the workplace for the first time in U.S. history-companies like AOL have been instrumental in supporting their advancement.
The 100 Best Companies' family programs adeptly help employees in all areas of their lives. This marks the second consecutive year that AOL has been recognized by Working Mother for offering benefits that include a WellBaby program for expectant parents, AOL HealthSmart, a wellness incentive program featuring fitness partnerships and online healthy living tools, parenting programs and organizations, on-site lactation rooms and fitness centers, adoption and infertility treatment assistance, and more.
While the Working Mother 100 Best Companies continue expanding their benefits, those at companies nationwide° lag. Just 44 percent of American companies offer telecommuting (vs. 100 percent of the 100 Best), 17 percent offer formal mentoring (vs. 95 percent), and 37 percent offer health insurance for part-timers (vs. 100 percent). In contrast, all of the 100 Best Companies offer paid maternity leave, lactation rooms, flextime, mental health consultations and elder-care resources; and 98 percent offer health screening and wellness programs-particularly significant in a stress-inducing, poor economy.
"Twenty-five years ago, we made a bold decision to launch our Best Companies initiative and challenge businesses to address the unique needs of working mothers," said Carol Evans, President, Working Mother Media. "The immense influx of women into the workforce demanded changes in workplace culture as companies strove to keep working moms' talent and loyalty. Today, we celebrate our winners' untiring commitment to their employees through an impressive array of programs."
"We are enormously honored to be named a Working Mother Best Company for the second consecutive year," said Dave Harmon, AOL's EVP, Human Resources and Corporate Services. "Our employees are our greatest asset and we are fortunate as a company to have so many talented, dedicated and passionate working mothers on this team."
Profiles of the 100 Best Companies, as well as national comparisons, are in the October issue of Working Mother and at workingmother.com/bestcompanies.
Companies were selected for the 2010 Working Mother 100 Best Companies based on an extensive application with more than 600 questions on workforce, compensation, child care, flexibility programs, leave policies and more. It also surveys the usage, availability and tracking of programs, as well as the accountability of managers who oversee them. Seven areas were measured and scored: 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.
For more information on applying for the 2011 Working Mother 100 Best Companies, visit www.wmmsurveys.com. The 2011 online application will be available in mid-December and due by early March 2011. All companies that apply, including those that don't make the 100 Best list, receive feedback showing how they compare with all other applicants.
AOL Inc. (NYSE: AOL) is a leading global Web services company with an extensive suite of brands and offerings and a substantial worldwide audience. AOL's business spans online content, products and services that the company offers to consumers, publishers and advertisers. AOL is focused on attracting and engaging consumers and providing valuable online advertising services on both AOL's owned and operated properties and third-party websites. In addition, AOL operates one of the largest Internet subscription access services in the United States, which serves as a valuable distribution channel for AOL's consumer offerings.
About Working Mother Media
Working Mother magazine reaches 2 million readers and is the only national magazine for career-committed mothers; WorkingMother.com brings to the Web home and career information, advice and a broad range of solutions daily. This year marks the 25th anniversary of Working Mother's signature research initiative, Working Mother 100 Best Companies, the most important benchmark for work-life practices in corporate America. Working Mother Media, a division of Bonnier Corp. (www.bonnier.com), includes the National Association for Female Executives (NAFE, www.nafe.com), Diversity Best Practices (www.diversitybestpractices.com), the WorkLife Congress and the Multicultural Women's Conference and Leadership Summits. Working Mother Media's mission is to serve as a champion of culture change.
°National statistics are taken from a recent study by the Society for Human Resource Management.
The Rosen Group for Working Mother