PNC Named To Working Mother 100 Best Companies For Eighth Year

Enhanced back-up care programs and increased communication from senior leadership to employees about changing economic conditions were just two of the reasons that The PNC Financial Services Group, Inc., The PNC Financial Services Group, Inc. (NYSE: PNC) has been chosen for the eighth time among the nation’s 2009 Working Mother 100 Best Companies.

In a year when many companies cut costs by reducing corporate benefits, PNC expanded its work-life program for employees with the addition of a week of paid parental leave for moms and dads and a network back-up care program to provide child, adult and elder care for employees to use when regular care arrangements are unavailable.

In addition to increased work/life programs, PNC also enhanced executive communications efforts with more video and online messages to keep employees updated on company performance and the overall economy in the wake of the national recession.

“The Working Mother 100 Best Companies stand head and shoulders above the rest,” said Carol Evans, chief executive officer, Working Mother Media. “The 100 Best provide leadership where and when we need it most, furnishing a framework of support for working families during good times and bad. If all companies adopted these best practices, more families could weather the economic storm.”

This highly competitive, prestigious award is presented annually by Working Mother Magazine as a benchmark for work/life and family-friendly practices in corporate America. On the award’s 24th anniversary, the magazine focused on companies that are expanding work/life benefits, despite an economic recession, to include benefits for adoptive parents, fathers and grandparents as well as working mothers.

“PNC’s commitment to support our employees in their personal and professional lives continued this year with enhancements to paid leave for parents, and back-up care for those days when regular child, adult or elder caregivers are unexpectedly unavailable,” said Kathy D’Appolonia, manager of workplace solutions. “We greatly value the recognition by Working Mother magazine of PNC’s efforts to provide a wide array of work/life programs and enhanced communications efforts to help our employees and their families during this tough economy.”

The PNC Financial Services Group, Inc. (www.pnc.com) is one of the nation’s largest diversified financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management; asset management and global fund services.

Methodology:

Companies were selected for the 2009 Working Mother 100 Best Companies based on an extensive application with more than 500 questions on workforce, compensation, child care, flexibility programs, leave policies and more. It also surveys the usage, availability and tracking of programs, as well as the accountability of managers who oversee them. Seven areas were measured and scored: workforce profile, benefits, women’s issues and advancement, child care, flexible work, parental leave and company culture. For this year’s 100 Best, particular weight was given to benefits, flexibility and parental leave.

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