The Estée Lauder Companies Announces Bold Family-Related Benefits to Meet the Diverse Needs of Its Employees
April 25 2018 - 9:30AM
Business Wire
Paid Parental Leave Policy Expanded to 20
Weeks
New Adoption Assistance Program Provides
Expense Reimbursement Up to $10,000
Benefits Expand to Include In-Home Back-Up
Child, Adult and Elder Care
The Estée Lauder Companies Inc. (NYSE:EL), the global leader in
prestige beauty, today announced new and enhanced family-related
programs, policies and benefits for its diverse employee base in
the U.S. Effective May 1, 2018, Paid Parental Leave will be
expanded to 20 weeks and an enhanced flexibility policy for parents
returning to work will be implemented. The policies apply to all
eligible employees, irrespective of gender. The company will also
be adding or enhancing benefits around adoption, child and elder
care, and infant transition support. These policies, which are
among the most comprehensive in the United States, underscore The
Estée Lauder Companies’ continued commitment to being one of the
nation’s leading global employers.
“Family is important to us. We started as a family company more
than 70 years ago, and today, we continue to demonstrate our
philosophy of being family-first through an array of benefits that
support the diverse needs of our employees,” said Michael O’Hare,
Executive Vice President, Global Human Resources. “We believe
providing an abundance of options to our employees will help them
thrive inside and outside of work.”
The new and enhanced family-related benefits, programs and
policies will include:
- Paid Parental Leave and Back-to-Work
Flexibility Policies: Eligible employees, irrespective of
gender and including parents adopting or fostering children, will
be able to take 20 weeks of Paid Parental Leave at full pay and six
weeks of back-to-work flexibility to allow all working parents to
bond with their new child(ren) and transition back to work. This
benefit is in addition to the Short Term Disability benefits
typically available to mothers for six to eight weeks following
childbirth.
- Adoption Assistance Program:
Eligible employees can seek reimbursement up to $10,000 for
eligible expenses related to the legal adoption of a child under
the age of 18, or older if it’s a special needs adoption. The
program covers costs such as fees relating to home surveys and
legal filings; the child’s medical expenses required for adoption;
and required pre- and post-adoption counseling services.
- In-Home Back-Up Child, Adult and
Elder Care: Back-up care will now include in-home care for
children or adults/elders (in addition to the currently offered
back-up child care at centers). An Infant Transition Program is
also available, offering more days of care to parents who are
transitioning back to work after the birth or placement of a
child.
These benefits, programs and policies will be available to
U.S.-based, full-time, The Estée Lauder Companies benefits-eligible
employees who have completed more than 90 continuous days of
service.
“Our company was founded on the belief that beauty is never
one-size-fits-all, and it’s critical that we offer benefits that
model this same belief – giving our employees the diverse benefits
they need for optimal well-being at any stage of their lives,” said
Sue Mosoff, Senior Vice President, Global Total Rewards.
Throughout its history, The Estée Lauder Companies has
demonstrated a continued commitment to investing in its employees’
personal and professional success by offering a variety of
benefits, support options and learning opportunities. For
U.S.-based, full-time, The Estée Lauder Companies benefits-eligible
employees, these include Infertility Benefits, offering $20,000 per
year per enrolled employee; a Student Loan Contribution Program,
offering up to $100 per month towards eligible loans with a
lifetime maximum of $10,000; a Tuition Reimbursement Program, which
offers reimbursement for pre-approved academic courses; and digital
learning initiatives, which give employees access to expert-led
courses and tailored learning experiences.
“As a company rooted in family values, we care deeply about our
employees’ wellbeing,” Mr. O’Hare continued. “We know that our
people, and prospective talent, want comprehensive benefits that
promote and inspire work-life balance, and we are thrilled to offer
a variety of options to help meet their needs.”
People interested in learning more about careers at The Estée
Lauder Companies in the U.S. and abroad can visit:
https://www.elcompanies.com/talent/careers.
About The Estée Lauder Companies Inc.
The Estée Lauder Companies Inc. is one of the world’s leading
manufacturers and marketers of quality skin care, makeup, fragrance
and hair care products. The Company’s products are sold in over 150
countries and territories under brand names including: Estée
Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy
Hilfiger, M·A·C, Kiton, La Mer, Bobbi Brown, Donna Karan New York,
DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors,
Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch,
RODIN olio lusso, Le Labo, Editions de Parfums Frédéric Malle,
GLAMGLOW, By Kilian, BECCA and Too Faced.
ELC-CELC-I
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