Fifth Third Recognized as a Best Adoption-Friendly Workplace by Dave Thomas Foundation for Adoption
07 May 2024 - 10:00PM
Business Wire
Bank recently enhanced its adoption
reimbursement, offers many family benefits including maternity
concierge, infertility coverage
Fifth Third Bank is proud to announce it has been named to the
Dave Thomas Foundation for Adoption list of 100 Best
Adoption-Friendly Workplaces. This recognition highlights employers
that are leading the way in providing adoption and foster care
benefits and recognizing the need for this life-changing
support.
Fifth Third recently increased its adoption reimbursement to
$15,000 per adopted child to support employees who want to build
their families through adoption. This benefit can be used three
times for a total of up to $45,000 in reimbursements.
“Growing a family looks different to different people,” said
Nancy Pinckney, chief human resources officer at Fifth Third.
“We’re pleased to offer our employees a comprehensive, competitive
benefits package that supports their families and their overall
well-being.”
Fifth Third offers other family-friendly benefits, including a
virtual, in-person and maternity concierge service, a generous paid
time off program, parental bonding leave for all new parents,
infertility coverage and subsidized back-up care for children and
elders. Fifth Third was named to this list in 2019, 2020 and
2021.
“The Foundation is pleased to recognize organizations like Fifth
Third that are leading the way in making adoption and foster care
supported options for every working parent,” said Rita Soronen,
president and CEO of the Dave Thomas Foundation for Adoption. “By
offering best-in-class benefits, Fifth Third demonstrates the
importance of being equitable to all the ways families are
formed.”
The complete 2024 Best Adoption-Friendly Workplaces list and
resources for employers can be viewed at
davethomasfoundation.org/AFW.
About Fifth Third
Fifth Third is a bank that’s as long on innovation as it is on
history. Since 1858, we’ve been helping individuals, families,
businesses and communities grow through smart financial services
that improve lives. Our list of firsts is extensive, and it’s one
that continues to expand as we explore the intersection of
tech-driven innovation, dedicated people and focused community
impact. Fifth Third is one of the few U.S.-based banks to have been
named among Ethisphere’s World’s Most Ethical Companies® for
several years. With a commitment to taking care of our customers,
employees, communities and shareholders, our goal is not only to be
the nation’s highest performing regional bank, but to be the bank
people most value and trust.
Fifth Third Bank, National Association, is a federally chartered
institution. Fifth Third Bancorp is the indirect parent company of
Fifth Third Bank, and its common stock is traded on the NASDAQ®
Global Select Market under the symbol "FITB." Investor information
and press releases can be viewed at www.53.com.
About the Dave Thomas Foundation for Adoption
The Dave Thomas Foundation for Adoption is a national nonprofit
public charity dedicated to finding permanent homes for the more
than 140,000 children waiting in North America’s foster care
systems. Created by Wendy’s® founder Dave Thomas who was adopted,
the Foundation implements evidence-based, results-driven national
service programs, foster care adoption awareness campaigns and
innovative grantmaking.
More than 30 years ago, Dave Thomas led an initiative advocating
for better adoption benefits in the workplace. The Foundation has
carried that legacy forward through the Adoption-Friendly Workplace
program. The Foundation recognizes organizations that offer
best-in-class adoption and foster care benefits, offers a toolkit
to help employers develop their policies and shares stories of
impact. Learn more at davethomasfoundation.org/AFW.
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Beth Oates (Media Relations) Beth.Oates@53.com |
313-230-9002
Matt Curoe (Investor Relations) Matthew.Curoe@53.com |
513-534-2345
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