Blackstone (NYSE:BX) today announced that its Global Head of Human
Resources, Laura Waitz, will participate in the White House Summit on
Working Families. The summit is designed to help eliminate barriers
based on gender and family responsibilities in an effort to ensure the
continuing competitiveness of America’s labor force in the global
economy. At the summit, Waitz will act as Blackstone’s representative in
a dialogue between the private and public sectors about current issues
facing working families. Blackstone has established extensive policies
to make fulfilling both work and family responsibilities easier for its
employees.
“Our people remain the foundation of our success, and I am proud of our
participation in this summit, as well as of our work inside the firm to
support employees with family responsibilities,” said Stephen A.
Schwarzman, Blackstone’s Chairman, CEO, and Co-Founder. “As the economy
recovers, maintaining our nation’s global competitiveness through
efforts such as these remains a top priority.”
“At Blackstone, we view all of our employees as part of the Blackstone
family and we make a special effort to provide comprehensive resources
to help our employees integrate family and work,” said Laura Waitz. “We
view this as a priority and look forward to being part of continued
private-sector engagement to provide all employees with the opportunity
to succeed.”
Examples of Blackstone’s initiatives in this area include:
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Paid maternity, paternity, and adoption leave for new parents
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Subsidized back-up childcare and eldercare options for all employees
through a partnership with Bright Horizons
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Wide range of parenting resources at no cost to employees, including
access to childcare specialists, counseling services, and advising on
financial planning
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Multiple onsite private “family” rooms for nursing mothers
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Phase-back to work program for new mothers returning back from
maternity leave
The summit is jointly hosted by the Center for American Progress, the
Department of Labor, and the White House Council on Women and Girls.
Participants in the summit will discuss issues facing working families,
including equal pay protections, minimum wage, job-quality, and equality
of access to jobs in science, technology, engineering and mathematics
(STEM) fields.
About Blackstone
Blackstone is one of the world’s leading investment and advisory firms.
We seek to create positive economic impact and long-term value for our
investors, the companies we invest in, the companies we advise and the
broader global economy. We do this through the commitment of our
extraordinary people and flexible capital. Our asset management
businesses include investment vehicles focused on private equity, real
estate, hedge fund solutions, non-investment grade credit, secondary
funds, and multi asset class exposures falling outside of other funds’
mandates. Blackstone also provides various financial advisory services,
including financial and strategic advisory, restructuring and
reorganization advisory and fund placement services. Further information
is available at www.blackstone.com.
Follow Blackstone on Twitter @Blackstone.
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