(San Francisco, CA) — The Federal Reserve Bank of San Francisco is one of the top 10 Best Companies for working mothers, according to the latest report from Working Mother.
This year’s winners focus on inclusive benefits for families, including gender-neutral parental leave, gradual phase-back after parental leave and accessible, affordable childcare. This is the third year in a row the Federal Reserve Bank of San Francisco is part of the Working Mother 2020 “100 Best Companies” list. The San Francisco Fed has also been named one of the “Best Companies for Dads,” celebrating organizations that lead in the areas of paternity leave, childcare, flexible schedules and more.
“The Federal Reserve Bank of San Francisco is committed to cultivating an inclusive and diverse work environment that actively supports the lives of our employees, both at and away from work,” said Mary C. Daly, president and CEO of the Federal Reserve Bank of San Francisco. “By offering benefits that support families, we are intentionally building a culture that reduces tradeoffs and allows parents to be fully engaged at work and at home.”
“Our 100 Best Companies are the standard of excellence and continue to pave the way with the work they are doing on behalf of working parents and caregivers in the US,” said Subha Barry, president of Working Mother Media. “These companies were well ahead of the curve when it came to supporting their employees during this time of vast change with their family-friendly policies already in place. We celebrate their efforts and applaud them for addressing the needs of this important and ever-growing sector of talent.”
In addition to the Federal Reserve Bank of San Francisco, other companies that made the top 10 list in 2020 are (in alphabetical order): AbbVie, Astellas Pharma US, Bank of America, Deloitte, Ernst & Young LLP, IBM, Johnson & Johnson, L’Oréal USA and Unilever.
The 2020 Working Mother 100 Best Companies application includes more than 400 questions on leave policies, workforce representation, benefits, childcare, advancement programs, flexibility and more. It surveys the availability and usage of these programs, as well as the accountability of the many managers who oversee them.
The Federal Reserve Bank of San Francisco is one of the twelve regional Reserve Banks that, along with the Board of Governors in Washington, D.C., comprises the U.S. central bank, known collectively as the Federal Reserve. The San Francisco Fed’s responsibilities include helping set U.S. monetary policy, supervising banks and financial institutions, providing financial services to depository institutions, and monitoring and understanding the conditions of our area’s communities, households and businesses. The San Francisco Fed serves the Federal Reserve System’s Twelfth District, which touches nine western states as well as Guam and the Mariana Islands. Follow us on Twitter at @sffed.
The Federal Reserve Bank of San Francisco (SF Fed) serves the public by promoting a healthy, sustainable economy, and supporting the nation’s financial and payment systems. With offices in Los Angeles, Seattle, Salt Lake City, Portland and Phoenix, the Bank serves the Twelfth Federal Reserve District, which includes one-fifth of the nation’s population and represents the world’s fourth-largest economy. As part of the nation’s central bank, the SF Fed informs monetary policy, regulates banks, administers certain consumer protection laws and acts as a financial partner to the U.S. government.