Press Release
Abbott Named One of the 'Top 10' Innovative Family-Friendly Companies by Working Mother Magazine
Abbott Honored as One of the Working Mother 100 Best Companies for the
Eighth Straight Year
Abbott Park, Illinois, September 23, 2008 (NYSE:
ABT)
News Facts
-
Working Mother magazine
announced that Abbott was one of the "Top 10" companies on the 2008 Working Mother 100
Best list, one of the most prestigious honors recognizing companies for
innovation in providing a family-friendly workplace.
- This marks the eighth consecutive year that Abbott has been honored on the
Working Mother 100 Best Companies list – a
reflection of the company's commitment to helping employees succeed at work and
at home.
-
Working Mother recognized Abbott for offering
groundbreaking family-friendly benefits that reach not only working
mothers, but also fathers, adoptive parents and grandparents. For example,
Abbott recently launched "Freedom to Work," a program that offers
employees a phased retirement option on their terms – including more
flexibility and the freedom to pursue new roles and opportunities in and out of
the office, without affecting their benefits.
- Other standout Abbott programs help employees and their families enjoy a
healthier life, including on-site fitness centers; free Abbott medicines,
glucose meters and test strips; free confidential health assessments and
screenings; and access to a personal health coach.
- The "Top 10" list and additional information is available in the
October issue of Working Mother magazine, available on newsstands and at
www.workingmother.com.
Quotes
"At Abbott, we are committed to helping
employees build extraordinary careers. We're proud to be recognized once again
for developing programs that meet the evolving needs of our employees, their
families and our business. Abbott's family-friendly workplace provides working
mothers, fathers, grandparents and all of our employees with the flexibility,
support and professional development they need to succeed at every stage in
their lives."
Stephen Fussell, Senior Vice President,
Human Resources, Abbott
"Once again, Abbott has shown it is a
leader in offering innovative programs that help working families, including
comprehensive benefits, flexible work options, health and wellness initiatives,
and phased retirement. We are excited to honor them as one of our 'Top 10' companies."
Carol Evans, CEO, Working Mother Media
Abbott Widely Recognized as a Premier Global
Employer
In addition to being included on the Working Mother 100 Best Companies list
for the past eight years, Abbott has been named one of the
"50 Best Places to Launch a Career" by BusinessWeek for
three straight years and was included in the 2008 edition of the Princeton
Review's Best Entry-Level Jobs. The company has been included on
DiversityInc magazine's list of the top companies for diversity for many
years, and has been recognized by Science magazine as a top employer for
scientists. Abbott also has been honored as one of the best places to work in
many countries around the world, including Belgium, Canada, Germany, Greece,
Ireland, Italy and the United Kingdom. Additionally, FORTUNE has named
Abbott as one of "America's Most Admired Companies" every year since
the list's inception in 1983.
About Working Mother and the 100 Best Companies
List
Abbott was selected for the 2008 Working Mother 100 Best Companies based on
an extensive application with more than 500 questions. The application included
detailed questions about workforce, compensation, child care, flexibility
programs, leave policies and more. It also checked 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, compensation,
child care, flexibility, time off and leaves, family-friendly programs, and
company culture. For this year's 100 Best, particular weight was given to
family-friendly policies, flexibility, leave policies and benefits for
part-timers. A complete list of the 2008 Working Mother 100 Best Companies can
be found at www.workingmother.com.
Founded in 1979, Working Mother magazine reaches 2 million readers
and is the only national magazine for career-committed mothers. Its 22-year
signature initiative, Working Mother 100 Best Companies, is the most important
benchmark for work-life practices in corporate America. Working Mother is
published by Working Mother Media, which was founded in 2001. Working Mother
Media includes the National Association for Female Executives (NAFE), Diversity
Best Practices, the WorkLife Congress, the Multicultural Women's Conference and
Town Halls. Working Mother Media's mission is to champion culture change. For
more information, please visit www.workingmother.com.
About Abbott
Abbott (NYSE: ABT)
is a global, broad-based health care company devoted to the discovery,
development, manufacturing and marketing of pharmaceuticals and medical
products, including nutritionals, devices and diagnostics. The company employs
more than 68,000 people and markets its products in more than 130
countries.
Media:
Matt Bedella
Tracy Sorrentino |
(847) 936-3394
(847) 937-8712 |