Abbott (ticker: ABT, exchange: New York Stock Exchange (.N))
News Release -
12-Sep-2005
Abbott Continues to Gain Recognition as One of the Nation's Best Employers for Working Mothers Abbott Makes Working Mother Magazine's List of the '100 Best Companies for
Working Mothers' for the Fifth Consecutive Year
ABBOTT PARK, Ill., Sept. 12 /PRNewswire-FirstCall/ -- Four decades after
the first working moms appeared on television, corporate America has come a
long way toward learning how to keep up with the changing needs of moms in
today's workforce. Few companies have come farther than the 100 employers
heralded on this year's list of the 100 Best Companies for Working Mothers
published by Working Mother magazine.
For new moms returning to work or parents dealing with family crises,
Abbott's flexible work options -- offering everything from part time, flex
time and job shares -- help many employees transition back to work more
easily.
"After my son got sick, I needed to pull him out of day care, drop down to
part time and work from home a few days a week to care for him," said Ann
Widman, director, HR Communications. "Abbott gave me the flexibility I needed
to take care of my family. There was no stigma associated with going part time
or working from home. In fact, I was promoted during this time."
"We salute Abbott for their efforts on behalf of working mothers, and for
making the 100 Best for the fifth time," said Carol Evans, CEO of Working
Mother Media. "It is my hope that other companies around the country learn
from the best and experience first-hand the value of flexibility as a business
imperative."
Lauded for its health and wellness programs, free lactation consulting,
on-site child care and widely used flexible work options, Abbott continues to
meet the needs of working moms year after year.
"We are gratified to receive this recognition for our continued efforts to
make Abbott a great place to work," said Miles D. White, chairman and chief
executive officer, Abbott. "Our intent is to provide our employees with what
they need to excel in their careers and to help them better integrate work and
home life. Having successful and satisfied employees enables us to better
fulfill our mission of bringing medical advances to patients worldwide."
Abbott Offers Numerous Programs for Expectant Parents
For soon-to-be working moms, Abbott helps to alleviate some of the stress
and questions that arise during pregnancy by offering on-site classes for
expectant parents, a free referral program to locate area child care providers
and flexible spending accounts to set aside pre-tax money for paying child
care costs. In addition to its own on-site child care center, the largest in
Illinois, Abbott offers employee discounts to three of the nation's largest
child care providers -- KinderCare, La Petite and Children's World. Parents
not enrolled at Abbott's center also benefit from the company's on-site backup
care program that helps parents when their child care provider is unexpectedly
unavailable.
About Working Mother's 100 Best List
Working Mother's 20th annual list of the "100 Best Companies for Working
Mothers," a benchmark for work/life practices in corporate America, appears in
the magazine's October issue and is now available on its Internet site,
http://www.workingmother.com . To apply for the list companies complete a
550-question application, the most rigorous of its kind, which analyzes the
availability, tracking and usage of programs to support working mothers, the
accountability of managers to implement programs and the successful
advancement of women into top paying jobs, board positions and management
ranks. The list is based upon options and benefits companies provide for child
care support, work flexibility, work/life balance, adoption assistance, leave
for new parents, percentage of women in the workforce and advancement of
women.
About Abbott
In addition to being recognized amongst the country's best employers for
working moms, Abbott (NYSE: ABT) has been included on FORTUNE magazine's list
of the 50 Best Companies for Minorities for many years and has widely
recognized by Scientist magazine and others as a top employer for scientists.
Abbott is a global, broad-based health care company devoted to the
discovery, development, manufacture and marketing of pharmaceuticals and
medical products, including nutritionals, devices and diagnostics. The
company employs more than 60,000 people and markets its products in more than
130 countries.
Abbott's news releases and other information are available on the
company's Web site at http://www.abbott.com .
SOURCE Abbott
-0- 09/12/2005
/CONTACT: Julie Ferguson, +1-847-936-6116, or +1-847-772-5636 (Cellular),
or Elizabeth Hoff, +1-847-935-4236, both of Abbott/
/Company News On-Call: http://www.prnewswire.com/comp/110328.html /
/Web site: http://www.abbott.com
http://www.workingmother.com /
(ABT)
CO: Abbott; Working Mother
ST: Illinois
IN: MTC BIO HEA MAG PUB
SU: AWD WOM
JR-AM
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