PRINCETON, N.J., Sept. 16 /PRNewswire/ -- Novo Nordisk Inc. has been selected as a Working Mother 100 Best Company for being one of the nation's top companies for family-friendly benefits. Earlier this year, the company was recognized as one of FORTUNE's "100 Best Companies to Work For" and NJBiz's "Best Place to Work in New Jersey."
The 100 Best Companies' family programs adeptly help employees in all areas of their lives. Novo Nordisk's recognition can be attributed in part to programs that include support to help families balance work-life needs including: personal, emotional, financial, education, professional, and individual needs. In addition to offering adoption reimbursement, back-up care, concierge services, highly subsidized health benefits and generous paid time off, the company also provides unique programs like College Coach, which assists employees and their families with educational challenges including selecting, applying to, and financing college.
"It is an honor to be named as a Working Mother 100 Best Company," said Jeff Frazier, vice president of human resources, Novo Nordisk Inc. "This recognition shows our commitment to support a diverse and inclusive work environment, where everyone has an opportunity to participate in creating business success and people are valued for their unique skills, experiences and perspectives."
"Twenty-five years ago, we made a bold decision to launch our Best Companies initiative and challenge businesses to address the unique needs of working mothers," said Carol Evans, President, Working Mother Media. "The immense influx of women into the workforce demanded changes in workplace culture as companies strove to keep working moms' talent and loyalty. Today, we celebrate our winners' untiring commitment to their employees through an impressive array of programs."
Profiles of the 100 Best Companies, as well as national comparisons, are in the October issue of Working Mother and at workingmother.com/bestcompanies.
Companies were selected for the 2010 Working Mother 100 Best Companies based on an extensive application with more than 600 questions on workforce, compensation, child care, flexibility programs, leave policies and more. It also surveys 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, benefits, women's issues and advancement, child care, flexible work, parental leave and company culture. For this year's 100 Best, particular weight was given to benefits, flexibility and parental leave.
About Novo Nordisk
Novo Nordisk is a global healthcare company with more than 87 years of innovation and leadership in diabetes care. The company also has leading positions within hemophilia care, growth hormone therapy and hormone therapy for women. Novo Nordisk's business is driven by the Triple Bottom Line: a commitment to social responsibility to employees and customers, environmental soundness and economic success. Headquartered in Denmark, Novo Nordisk employs more than 29,650 employees in 76 countries, and markets its products in 179 countries. Novo Nordisk's B shares are listed on the stock exchange in Copenhagen and its ADRs are listed on the New York Stock Exchange (NVO). For more information, visit novonordisk-us.com.
About Working Mother Media
Working Mother magazine reaches 2 million readers and is the only national magazine for career-committed mothers; WorkingMother.com brings to the Web home and career information, advice and a broad range of solutions daily. This year marks the 25th anniversary of Working Mother's signature research initiative, Working Mother 100 Best Companies, the most important benchmark for work-life practices in corporate America. Working Mother Media, a division of Bonnier Corp. (www.bonnier.com), includes the National Association for Female Executives (NAFE, www.nafe.com), Diversity Best Practices (www.diversitybestpractices.com), the WorkLife Congress and the Multicultural Women's Conference and Leadership Summits. Working Mother Media's mission is to serve as a champion of culture change.
SOURCE Novo Nordisk Inc.