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"It is an honor to once again be named to the Working Mother 100 Best list," said Greg Babe, President and CEO of Bayer Corporation. "Bayer places a priority on work-life balance, and this includes providing initiatives and programs that allow working parents to succeed on the job and at home."
All companies were measured and evaluated on seven areas of work/life criteria, including women's issues and advancement, child care, company culture, flexible work arrangements, benefits, workforce profile, parental leave and other work/life programs.
Bayer was honored for its 29 family friendly programs, benefits, care giving programs and company culture. Bayer also received high marks for its health and wellness programs, availability of flexible work arrangements and its comprehensive Work-Life Resource & Referral and Employee Assistance programs.
The Working Mother recognition is one of several from national and local organizations that Bayer has received, including the prestigious Catalyst Award for leadership in establishing innovative programs to prepare women and people of color with the critical skills necessary to advance to senior positions.
Methodology
Working Mother's selection methodology is based on an extensive application with more than 500 questions. The application checks the usage, availability and tracking of programs and the accountability of managers who oversee them. Seven areas are measured and scored: workforce profile; compensation; child care; flexibility; time off and leaves; family friendly programs; company culture; and other work/life programs. For this year's 100 Best, particular weight was given to benefits, flexibility and parental leave.
The complete list of "100 Best Companies for Working Mothers" appears in the October issue of Working Mother, available on newsstands September 22, and is currently available on the magazine's Web site, www.workingmother.com.
For more information about Bayer Corporation's WorkLife programs, contact Diana Kamyk, the corporation's manager of Diversity and Work-Life, at 412-777-2430, or visit the Bayer Web site at www.BayerUS.com.
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About Working Mother Media
Celebrating 30 years, Working Mother magazine reaches 2 million readers and is the only national magazine for career-committed mothers while workingmother.com brings to the Web a broad range of insight and solutions served to working mothers every day. Working Mother's 24-year signature research initiative, Working Mother 100 Best Companies, is the most important benchmark for work-life practices in corporate America. With offices in New York and Washington, D.C., Working Mother Media, a division of Bonnier Corp., includes the National Association for Female Executives, Diversity Best Practices, the WorkLife Congress and the Multicultural Women's Conference and Town Halls. Working Mother Media's mission is to champion cultural change.
About Bayer Corporation
Bayer Corporation, headquartered in Pittsburgh, is a subsidiary of Bayer AG, an international health care, nutrition and high-tech materials group based in Leverkusen, Germany. In North America, Bayer had 2008 net sales of approximately 8 billion euros (about $12 billion) and employed 17,000 at year-end. Bayer's three subgroups, Bayer HealthCare, Bayer CropScience and Bayer MaterialScience, improve people's lives through a broad range of essential products that help diagnose, prevent and treat diseases; protect crops and enhance yields; and advance automobile safety and durability. For more information, go to www.bayerus.com.
Forward-Looking Statements
This news release may contain forward-looking statements based on current assumptions and forecasts made by Bayer Group or subgroup management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer's public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.
SOURCE: Bayer Corporation
Bayer Corporation Bryan Iams, 412-777-5200 E-mail: bryan.iams.b@bayer.com
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