Freddie Mac Is Top 100 for Working Mothers

Working Mother magazine has once again named Freddie Mac to its list of top "100 Best Companies for Working Mothers." Freddie Mac's innovative programs and policies that help families achieve work/life balance placed us on the winners' list for 2005. These include:

• A free, on-site health center where employees have access to preventative care and other medical treatments
• An online concierge that offers assistance with travel, dining, entertainment, maid service and grocery delivery
• Seminars on stress reduction, parenting, elder care and balancing work and family to help improve the lives of working moms and dads
• Nearby backup child-care facility and full-day child care facility
• On-site, state-of-the-art fitness center
• Employee network groups sponsored by the company, which provides funding to each group as well as staff, ideas and a place to meet
• Long-term-care insurance available to family members (including spouses, children, parents and in-laws) of our staff and retirees at a reduced cost
• 6 weeks of paid maternity leave to new moms and six weeks of adoption leave, plus $8,300 in adoption assistance
• Tuition reimbursement,
• Health coverage for domestic partners
• Flextime and telecommuting options that make life even easier for employees juggling work and family needs

According to the magazine, in surveying the companies that were considered for this year's list, particular weight was given to questions in three areas: flexible scheduling, the most critical benefit for working mothers; child-care options, because without them parents can't work; and time off for new parents, because it's critical for mothers to bond with their newborns without suffering professionally. Freddie Mac's programs and benefits in these areas landed us the coveted title of "top company" for working mothers.