The Phoenix Companies, Inc. (NYSE:PNX) Named One of America's Best Adoption-Friendly Workplaces by D
The Phoenix Companies, Inc.
HARTFORD, Conn.--(BUSINESS WIRE)-- The Phoenix Companies, Inc. (NYS: PNX) was named one of the 2013 Best Adoption-Friendly Workplaces, a list released by the Dave Thomas Foundation for Adoption earlier this month. Phoenix ranked 34th overall, second within the insurance industry group and eighth among medium-sized companies.
Every year the Foundation announces America's top 100 adoption-friendly employers, leaders in each industry and the top 10 by size, from its annual survey of U.S. employers. Rankings are determined by an analysis of a company's adoption benefits, including the maximum amount of financial reimbursement and paid leave for families who adopt. Phoenix has been on the Foundation's list every year since it was launched in 2007.
Phoenix offers its employees up to three weeks of paid leave within the first six months of a child's adoption and pays 80 percent of eligible adoption-related expenses, up to $9,000 per adoption or up to $10,000 for a special needs child. These benefits can be used for up to two adoptions.
"Employees adopting a child face a number of unique challenges, and that is why we provide both monetary assistance and paid adoptive leave," said Jody A. Beresin, senior vice president, Administration. "We are pleased to be recognized for this family-friendly policy."
The Foundation's list recognizes organizations of every size and industry that offer adoption benefits. Employers who applied for the list offer an average of $7,000 and four weeks of paid leave. To view the full list, visit adoptionfriendlyworkplace.org.
Headquartered in Hartford, Connecticut, The Phoenix Companies, Inc. (NYS: PNX) is a boutique life insurance and annuity company serving customers' retirement and protection needs through select independent distributors. For more information, visit www.phoenixwm.com.
About the Dave Thomas Foundation for Adoption:
The Dave Thomas Foundation for Adoption is a national nonprofit public charity dedicated exclusively to finding permanent homes for the more than 134,000 children waiting in North America's foster care systems. Created by Wendy's® founder Dave Thomas who was adopted, the Foundation implements evidence-based, results-driven national service programs, foster care adoption awareness campaigns and advocacy initiatives. To learn more, visit davethomasfoundation.org or call 1-800-ASK-DTFA.
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