The McGraw-Hill Companies Named One of The Country's Best Adoption-Friendly Workplaces for Third Consecutive Year
NEW YORK, May 1 /PRNewswire-FirstCall/ --The McGraw-Hill Companies, one of the world's leading information services companies, today announced that for the third consecutive year it has been named one of the 100 Best Adoption-Friendly Workplaces in America by the Dave Thomas Foundation for Adoption (DTFA). Inclusion on the list is based on adoption benefits the Corporation offers to employees, including financial assistance and paid leave.
"We've made it a priority to provide our employees with a broad range of work/life programs designed to help them reach their full potential both at work and at home," said Harold McGraw III, chairman, president and CEO of The McGraw-Hill Companies. "Our adoption assistance program is a wonderful example of our commitment to family-friendly policies for employees, and we are thrilled to once again receive this recognition."
The Corporation provides employees who adopt with a $10,000 reimbursement to cover adoption expenses and three weeks paid leave. In addition, the Corporation provides adopting parents with childcare resources and referrals; a 10 percent discount at national child care centers; backup dependent care; dependent care flexible-spending accounts, in which the company provides a dollar for dollar match up to $1,000 for employees with incomes up to $85,000 per year; and a unique handbook, The New Parents Guide for Adopting Parents.
The release of the third annual Best Adoption-Friendly Workplace List helps the DTFA increase foster care adoption awareness while celebrating those businesses that support adoptive families.
"We continue to see increases in the number of companies establishing and enhancing adoption benefit policies. Even with today's tough economy, we found that companies are dedicated more than ever to providing competitive benefits packages to help their employees when they adopt," said Rita Soronen, executive director of DTFA. "It is one benefit that employers can add without negatively impacting the bottom line."
About The McGraw-Hill Companies:
Founded in 1888, The McGraw-Hill Companies (NYSE: MHP) is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2008 were $6.4 billion. Additional information is available at www.mcgraw-hill.com.
