HARTFORD, Conn. - (Business Wire) The Phoenix Companies, Inc. (NYSE: PNX) has been named a 100 Best Company for working families
by
Working Mother magazine. This is the 17
th consecutive year that Phoenix has been selected for displaying a commitment to providing innovative work/life benefits and programs.
“I am delighted that, once again, Phoenix has been named one of Working Mother’s 100 Best Companies. Being family-friendly is one of our core values, because it is good for both our employees and the business itself. Our shareholders and customers benefit from a workforce that is more engaged and better able to apply their talents because of our work/life policies and programs,” said Dona D. Young, Phoenix chairman, president and chief executive officer.
“Supporting families is a vital part of Phoenix’s culture and not just an added benefit,” said Carol Evans, CEO, Working Mother Media.
Added Suzanne Riss, Editor in Chief, Working Mother magazine, “Phoenix knows that their investment pays for itself through employee loyalty, and they realize that productivity depends as much on satisfied staffers as on smart processes. By helping employees manage their work/life demands, Phoenix is creating a highly motivated workforce.”
Methodology
Phoenix 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.
About Working Mother Media
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 Phoenix
With roots dating to 1851, The Phoenix Companies, Inc. (NYSE:PNX) helps individuals and institutions solve their often highly complex personal financial and business planning needs through its broad array of life insurance, annuities and investments. The company’s products and services reflect deep insights into the wants and needs of consumers and financial professionals gleaned from research, including its Phoenix Wealth Survey, conducted annually since 2000. Phoenix has been recognized for its leading-edge employment practices by Working Mother magazine, the National Association of Female Executives and The Princeton Review. In 2007, Phoenix had annual revenues of $2.6 billion and total assets of $30.2 billion. For more information, visit www.phoenixwm.com.
The Phoenix Companies, Inc.
Alice S. Ericson, 860-403-5946
alice.ericson@phoenixwm.com
