Seramount Recognizes Nasdaq as One of the ‘100 Best Companies’ for Working Parents

Seramount, a strategic professional services and research firm, has named Nasdaq to its annual list of the 100 Best Companies for working parents. The 100 Best Companies list recognizes organizations for providing inclusive benefits for families, including paid gender-neutral parental leave, subsidized childcare, bereavement leave after miscarriage, reimbursement for fertility expenses and increased mental health benefits for employees. 

In 2022, Nasdaq was recognized by Seramount on its list of 100 Best Companies for working parents as well as its list of Best Companies for Dads.

“At Nasdaq, we are proud to create a supportive workplace and inclusive culture that enables all of our working parents to thrive,” said Laura Agharkar, Global Head of Diversity, Equity, and Culture at Nasdaq. “We are thrilled to be recognized by Seramount for our efforts and remain committed to ensuring Nasdaq is an equitable workplace for all.” 

As a part of Nasdaq’s commitment to promoting an inclusive culture and a sense of belonging among employees, the company supports 12 employee networks, including the Parents and Caregivers Employee Network, which provides support and community for parents at Nasdaq.

Nasdaq continues to receive recognition for its inclusive workplace culture and policies. Earlier this year, the company was one of just 18 companies named to both the Parity.Org lists for Best Companies for Women to Advance and Best Companies for People of Color to Advance. Bloomberg also selected Nasdaq for inclusion in its Gender-Equality Index for the third year in a row.

“Our 100 Best Companies are going the extra mile to create inclusive work environments for their parents and caregivers,” says Subha V. Barry, President of Seramount. “In addition to gender-neutral parental leave, organizations are upping their benefit offerings to cover necessities like childcare and sick-child care. Not only that, they recognize that this generation of workers will likely have to care for a sick family member at some point and are providing the support to do so. We are proud to honor these forward-thinking companies.”

Key findings from the 2023 100 Best Companies:

• Ninety-one percent of the 100 Best Companies offer bereavement leave after a miscarriage, as compared to 77 percent that offered bereavement leave for miscarriages in 2022. 
• The 100 Best Companies offer an average of 11 weeks of fully paid parental leave for full-time employees, the same as 2022. 
• The 100 Best Companies offer an average of 11 weeks of fully paid parental leave for full-time employees, the same as in 2022. More 100 Best Companies are subsidizing everyday childcare (39 percent in 2023 vs. 36 percent in 2022) as well as sick-child care (72 percent in 2023 vs. 68 percent in 2022). Sick-child care may take the form of sick-child care provided at on-site or near-site childcare centers, hospitals, or other sick bay facilities, or by a service that provides for in-home sick-child care.
• More 100 Best Companies are offering reimbursement for fertility procedures such as egg freezing (89 percent in 2023 vs. 74 percent in 2022) and surrogacy expenses (76 percent in 2023 vs. 61 percent in 2022). Reimbursement for in vitro fertilization has increased to 94 percent, up from 90 percent in 2022. 
• Among the 100 Best Companies, 88 percent offer coverage for travel for healthcare services where access is limited by state legislative action. 
• Ninety-four percent of the 100 Best Companies have policies supporting workplace mental health, compared to 92 percent in 2022.

Learn more about Seramount’s 100 Best Companies here.