Great Place to Work® and Fortune Name OppenheimerFunds One of the Best Workplaces for Parents

The ranking considered the results from more than 120,000 surveys of U.S. employees across a range of industries. OppenheimerFunds and other winning businesses excelled in parents' assessment of their companies' fairness, camaraderie, professional opportunities and other factors essential to a rewarding career. OppenheimerFunds understands that the benefit of a supportive workplace for parents extends to their colleagues, as well. Research from Great Place to Work has found that high-trust workplaces often experience lower turnover and faster revenue growth than their peers.

"Supportive colleagues, trusting managers and equal opportunity for advancement: The strengths of The Best Workplaces for Parents benefit all of their employees," said Michael C. Bush, CEO of Great Place to Work. "The culture of professional respect at these companies is especially valuable for mothers and fathers as they meet the simultaneous challenges of work and family life."

"It is a privilege to be recognized by Great Place to Work and Fortune as a Best Workplace for Parents. OppenheimerFunds strives to provide a work environment that is both supportive and exciting throughout all stages of one's career," said Andy Doyle, Chief Human Resources Officer. "This recognition combined, along with the other accolades we have received this year, underscores our firm's commitment to innovating and to building a workplace where our employees can look forward to coming to work each day."

Earlier this year, OppenheimerFunds was recognized by Great Place to Work® and Fortune as one of the country's 100 Best Workplaces for Millennials in 2016, as well as one of the 30 Best Workplaces to Retire From. The firm was also named this week a Best Place to Work in Money Management for 2016 by Pensions & Investments, and earlier this month received a perfect score on the 2017 Corporate Equality Index, released by the Human Rights Campaign (HRC) Foundation, the educational arm of the nation's largest LGBTQ civil rights organization.

The firm has an active network of Business Resource Groups (BRGs) which include a Women's Network, Multicultural Network, PROUD Network (representing the LGBTQ community), Black Professionals Network, Military Network and Disabilities Network. Two additional working groups are the Asian Professionals group and Latino Professionals group.  Approximately 39% of OppenheimerFunds employees are a member of at least one BRG.

About The Best Workplaces for Parents
Published together with Fortune, The Best Workplaces for Parents ranking is based upon feedback from 122,482 working parents at Great Place to Work–Certified companies that completed the Trust Index© Employee Survey. Mothers, fathers and their colleagues answered 58 questions about the reality of their day-to-day work experience, including organization-wide support for work-life balance, the quality of benefits, the fairness of opportunities for professional development and advancement, and their overall assessment of the quality of their workplace. To determine the winners, Great Place to Work analyzed how positively mothers and fathers experienced their workplace overall, paying special attention to an index of factors where parents tended to have a less positive experience than colleagues without children. The ranking also takes into account how favorably parents experienced their workplace relative to colleagues without children, as well as the availability and generosity of maternity and paternity leave programs, adoption support and childcare programs. Organizations needed to have at least 50 employees to be considered and were compared to peers of similar size.

For Best Workplace lists and more information on how to apply, visit Great Place to Work online. #bestworkplaces

About Great Place to Work
Great Place to Work is the global authority on high-trust, high-performance workplace cultures. Through proprietary assessment tools, advisory services, and certification programs, including Best Workplaces lists and workplace reviews, Great Place to Work provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures. In the United States, Great Place to Work produces the annual Fortune "100 Best Companies to Work For®" and a series of Great Place to Work Best Workplaces lists, including lists for Millennials, Women, Diversity, Small and Medium Companies and over a half dozen different industries.

Follow Great Place to Work online at www.greatplacetowork.com and on Twitter at @GPTW_US.

SOURCE OppenheimerFunds, Inc.

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