Wednesday, Sep 1, 1999
South San Francisco, Calif. -- September 1, 1999 --Genentech, Inc. (NYSE: DNA) today announced that it was named one of the "100 Best Companies for Working Mothers," in the October issue of Working Mother magazine. This is the ninth time the company has made the list.
"We are very pleased to be recognized again for our commitment to providing our employees with benefits that recognize both work and family demands," said Arthur D. Levinson, Ph.D., chairman and chief executive officer. "At Genentech, we believe that creating a work environment that is responsive to our employees' needs is one of our most important priorities."
Working Mother chose 1999's 100 Best Companies based on six criteria: leave for new parents, flexible work arrangements, child care, work/life balance support such as counseling and support groups for employees, opportunities for women to advance, and pay.
Among Genentech's outstanding, family-friendly benefits recognized by Working Mother are Second Generation, one of the country's largest, corporate-sponsored, on-site child care facilities; paid sabbaticals; paid maternity leave for new moms; an employee concierge service and a commitment in Genentech's five-point strategy for success to invest in its employees.
"Genentech has been extremely diligent about addressing work/family issues and is always looking for new ways to enhance our employee programs," said Judy Heyboer, senior vice president of Human Resources. "Our family-friendly programs are designed to help us attract and retain the very best people in an extremely competitive employment market."
Genentech, Inc. is a leading biotechnology company that discovers, develops, manufactures and markets human pharmaceuticals for significant unmet medical needs. Twelve of the currently marketed biotechnology products stem from Genentech science. Genentech markets seven products directly in the United States. The company has headquarters in South San Francisco, California and is traded on the New York Stock Exchange under the symbol DNA.
# # #