Organizations Recognize Increasing Need to Help Fathers be Equal Parenting Partners
November 13, 2018 (New York, NY)—Working Mother revealed its first list of “Best Companies for Dads,” celebrating organizations that lead in the areas of paternity leave, phase-back programs, telecommuting opportunities, flexible schedules, and more. L.E.K. Consulting was one of the 35 companies recognized on this year’s list.
“Millennial dads want to be very involved in raising their children and to do that, they need support from their employers,” says Meredith Bodgas, Editor-in-Chief of Working Mother. “These trend-setting companies are helping erase the stigma attached to men taking off time to bond with their new babies, utilizing telecommuting opportunities or flexible schedules in order to be more involved on the homefront. Not only does this help dads, it helps moms succeed both at home and at work, and puts them on more equal footing.”
“It is an honor to be recognized by Working Mother and included in the Best Companies for Dads list,” said Peter McKelvey, President of L.E.K. Consulting’s Americas region. “L.E.K. is committed to providing a workplace culture that allows dads to be successful both at home and at work. We have established multiple programs that support dual career families and help both working moms and dads balance their goals as professionals and parents.”
“In order for companies to advance working mothers, they must support their working fathers,” said Subha V. Barry, President of Working Mother Media. “The level of enthusiasm we received from our founding sponsors was through the roof and speaks volumes about how organizations are recognizing the importance of supporting both working moms and dads. The Working Mother Best Companies for Dads strive to create a supportive environment for all working parents and we hope other organizations take notice and follow their lead.”
Key Facts About the 2018 “Best Companies for Dads” list:
- 100 percent offer fully paid paternity leave vs. 29 percent nationally*, with the average amount offered nine weeks. The average amount taken was seven weeks.
- 100 percent offer fully paid adoption leave vs. 28 percent nationally*, with the average amount offered 10 weeks. The average amount taken was nine weeks.
- 86 percent offer financial benefits for in-vitro fertilization and 49 percent for use of a surrogate.
- 85 percent of men in these companies use flexible schedules.
- 82 percent of men in these companies telecommute at least some of the time.
*Society for Human Resource Management
About the Methodology:
To determine this list, the Working Mother Research Institute examined answers to questions related to dads submitted to the application for Working Mother’s annual 100 Best Companies. Those questions include paternity leave, adoption leave, surrogacy and fertility benefits, phase-back programs, childcare options, telecommuting opportunities, and employee-resource groups for men. The responses were then assigned points, with the 35 organizations listed here receiving the highest number of points.
About L.E.K. Consulting
L.E.K. Consulting is a global management consulting firm that uses deep industry expertise and rigorous analysis to help business leaders achieve practical results with real impact. We are uncompromising in our approach to helping clients consistently make better decisions, deliver improved business performance and create greater shareholder returns. The firm advises and supports global companies that are leaders in their industries — including the largest private and public sector organizations, private equity firms and emerging entrepreneurial businesses. Founded in 1983, L.E.K. employs more than 1,400 professionals across the Americas, Asia-Pacific and Europe. For more information, go to www.lek.com.
Stefanie McNamara, Working Mother, 212.779.5119, email@example.com