OppenheimerFunds Recognized by Fatherly as a Best Place to Work for New Dads

NEW YORK, May 2, 2017 /PRNewswire/ -- OppenheimerFunds, a leading global asset manager, was today named one of Fatherly's 50 Best Places to Work for New Dads. Fatherly, a digital lifestyle guide for parents, worked with Stew Friedman, Director of Wharton's Work/Life Integration Project, Scott Behson, professor at Silberman College of Business, Fairleigh Dickinson University and PL+US: Paid Leave for the United States to compile the list. Results were gathered from businesses with 1,000 employees or more that offered a minimum of four weeks paid paternity leave.

"We are proud to have been recognized as one of the best places to work for new dads," said Andy Doyle, Chief Human Resources Officer at OppenheimerFunds. "Our firm provides flexible work environments that give new parents the opportunity to take additional leave at this important time in their lives."

OppenheimerFunds provides a variety of benefits and resources for new parents that include:

• A new parent toolkit designed to help employees navigate their parental leave and return to work.
• 24/7 access to an Employee Assistance Program, which includes parent-specific resources and services.
• 13 weeks of paid leave for new mothers.
• 5 weeks of paid leave for new fathers.

"The companies on this year's list are truly leaders in the space," said Simon Isaacs, Co-Founder and Chief Content Officer, Fatherly. "These organizations are not only demonstrating the importance of supporting new parents in this critical phase but are similarly paving the way for expanded leave for all."

OppenheimerFunds also promotes its family-friendly culture by hosting a bring your children to work day that include activities that focus on financial literacy and math education. Through its Volunteer Time Off (VTOP) program employees can spend two paid workdays per year volunteering with projects sponsored by qualified organizations, including those that support youth causes, education and math literacy.

The firm's corporate philanthropy benefits multiple youth-based initiatives, including its 10,000 Kids by 2020 program, which aims to introduce 10,000 students to math literacy programs over the next several years through non-profit partnerships and active employee volunteerism. The firm also works closely with organizations including the National Museum of Math, the Boys & Girls Club, and Cross-Cultural Solutions, which provides impactful and sustainable service opportunities and skills based volunteer programs in locations around the world.

OppenheimerFunds has been recognized by multiple organizations as one of the best places to work. Great Place to Work® and Fortune named the firm one of the 40 Best Companies in Financial Services, 100 Best Workplaces for Millennials, 50 Best Workplaces for Parents and 30 Best Workplaces to Retire From. The firm was also recognized by Pensions & Investments as a Best Place to Work in Money Management, and received a score of 100% on the Human Rights Campaign (HRC) Corporate Equality Index 2017 Best Place to Work for LGBT Equality. 

To view the full list of the 50 Best Places to Work for New Dads, visit Fatherly.com.

To learn more about OppenheimerFunds, visit www.oppenheimerfunds.com.

About OppenheimerFunds

OppenheimerFunds, Inc., a leader in global asset management, is dedicated to providing solutions for its partners and end investors. OppenheimerFunds, including its subsidiaries, manages more than $228 billion in assets for over 13 million shareholder accounts, including sub-accounts, as of March 31, 2017.

Founded in 1959, OppenheimerFunds is an asset manager with a history of providing innovative strategies to its investors. The firm's 15 investment management teams specialize in equity, fixed income, alternative, multi-asset, and revenue-weighted-ETF strategies, including ESG. OppenheimerFunds and its subsidiaries offer a broad array of products and services to clients, who range from endowments and sovereigns to financial advisors and individual investors. OppenheimerFunds and certain of its subsidiaries provide advisory services to the Oppenheimer family of funds, and OFI Global Asset Management offers solutions to institutions. The firm is also active through its Philanthropy & Community initiative: 10,000 Kids by 2020, reaching children with introductions to math literacy programs. For more information on the firm, visit oppenheimerfunds.com.

Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested.

Before investing in any of the Oppenheimer funds, investors should carefully consider a fund's investment objectives, risks, charges and expenses. Fund prospectuses and summary prospectuses contain this and other information about the funds, and may be obtained by asking your financial advisor, visiting oppenheimerfunds.com or calling 1.800.CALL OPP (225.5677). Read prospectuses and summary prospectuses carefully before investing.

Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc.

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SOURCE OppenheimerFunds