New York Life Insurance Company Named One of America's Best Adoption-Friendly Workplaces By Dave Thomas Foundation For Adoption
Company Named One of the Best Adoption-Friendly Workplaces for the Fifth Consecutive Year
NEW YORK, N.Y., September 19, 2011 - New York Life Insurance Company has been named to the 2011 Best Adoption-Friendly Workplaces List released by the Dave Thomas Foundation for Adoption.
"New York Life is proud to offer our employees and agents policies and practices like the Adoption Assistance program that promote work/life balance and enable new families to spend quality time together," said Barry Schub, senior vice president and chief human resources officer, New York Life. "More than 90 employees and agents have taken advantage of this benefit since its inception and we are committed to supporting programs like Adoption Assistance that make New York Life an employer of choice."
Today, more than 107,000 children are available for adoption in U.S. foster care. Each year, nearly 26,000 of these youth will end up leaving the system when they turn 18 without a family. The release of the fifth annual Best Adoption-Friendly Workplaces List helps the Foundation increase foster care adoption awareness while celebrating those businesses that support adoptive families.
Rankings for the Best Adoption-Friendly Workplaces List are determined by an analysis of a company's adoption benefits available to employees who adopt, such as financial reimbursement and paid leave. The Foundation compiled the results from its annual survey of U.S. employers and partnered with Employee Benefit News, a SourceMedia publication that is the leading source of information for benefits decision makers, to announce the winners. In addition to ranking the top 100, the Foundation also recognized the top 10 by size and the leaders of each industry. To view all of the honorees, visit www.DaveThomasFoundation.org.
The Dave Thomas Foundation for Adoption is America's only nonprofit public charity dedicated exclusively to finding permanent homes for the 107,000 children waiting in foster care to be adopted. Created by Wendy's® founder, Dave Thomas, who was adopted, the Foundation implements results-driven national signature programs, foster care adoption awareness initiatives and research-based advocacy efforts. To learn more, visit www.DaveThomasFoundation.org or call 1-800-ASK-DTFA.
New York Life Insurance Company, a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States* and one of the largest life insurers in the world. New York Life has the highest possible financial strength ratings from all four of the major credit rating agencies. Headquartered in New York City, New York Life's family of companies offers life insurance, retirement income, investments and long-term care insurance. New York Life Investments** provides institutional asset management and retirement plan services. Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds. Please visit New York Life's Web site at www.newyorklife.comv for more information.
*Based on revenue as reported by “Fortune 500, Ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, May 5, 2011. See http://money.cnn.com/magazines/fortune/fortune500/2011/faq/ for methodology.
**New York Life Investments is a service mark used by New York Life Investment Management Holdings LLC and its subsidiary, New York Life Investment Management LLC.