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Published byMarybeth O’Connor’ Modified over 7 years ago
Global Leaders World Forum Montreal May 16, 2005
What is the IBM Global Work/Life Fund? Fund to help IBM attract, retain, and motivate IBM employees $50 Million 2001-2006 Customized projects that support the work/life needs of IBM employees, including child care and elder care needs of employees and the community
Why IBM Invests in Dependent Care Reduce employee stress Increase productivity and focus Enhance employee commitment Increase ability to attract, retain, and motivate talent Employees include work/life programs in selection criteria for prospective employers
Results of USA Funds for Dependent Care U.S. employees highly value the investments IBM is making in dependent care: 15 site surveys conducted in 1997– employees said: 79% Programs help them balance work and family responsibilities 69% Programs help attract employees to IBM 76% Programs help IBM retain employees 83% Programs have a positive influence on their feelings about IBM 78%Programs demonstrate IBM's leadership in the business community
Dependent Care Responsibilities for IBM Employees Employees in all geographies have significant dependent care responsibilities. Europe/Middle East/Africa (EMEA) and Latin America (LA) have more responsibility for elders.
Key Findings Employees are struggling to meet business needs and have a personal life Dependent care supports are critical to attracting and retaining key talent Lack of quality dependent care is a barrier for the advancement of women Existing care is often not aligned with IBM need – quality, hours, location, family-friendly practices Inadequate supply globally - especially infants and school age
How the GWLF Works Regional business priorities determine countries Targeted in about 30 countries in all regions of the world Develop recommendations and strategies based on assessments Work with local providers/experts to deliver strategic and high-quality solutions
IBM GWLF Guiding Principles Goal to enhance IBM's business by increasing the productivity, retention, and career success of key talent Strategic business initiative, not charitable dollars Priority funding given to projects with highest potential for greatest impact on employees Projects targeted to improving the supply and quality of care − Catalysts to improve dependent care infrastructure − Targeted investments in dependent care programs
IBM GWLF Guiding Principles -- Continued Projects will have defined goals and measurable outcomes Only projects that meet high quality standards will be funded Leverage IBM's investment, through collaboration, but only when these opportunities meet IBM's primary business needs of employee support/leadership In all projects, IBM employees will receive priority but almost all projects are open to the community
Targeted Countries 2005 Americas – Argentina – Brazil – Canada – Chile – Mexico – United States – Venezuela
Targeted Countries 2005 Europe/Middle East/Africa (EMEA) –Belgium –Czech Republic –France –Germany –Hungary –Ireland –Italy –Netherlands –Poland –Slovakia –South Africa –Spain –Sweden –Switzerland –United Kingdom
Targeted Countries 2005 Asia Pacific − Australia/New Zealand − China − India − Japan − Korea − Philippines − Singapore − Taiwan
Examples of Funded Child Care Projects Outside of United States New child care centers Canada, Ireland, Korea Child care center priority in existing programs China, Mexico, Japan, Canada, Camps and Holiday/Vacation Programs Germany, India, Japan, Sweden, South Africa, Singapore, UK Family child care (childminder) networks Germany, Singapore Global Healthy Child Care GHCC: Piloted in Argentina, China, South Africa Resource and Referral Brazil, France, Japan, Singapore Support of center accreditation standards Chile, Global Leaders
Questions? Contact: Abby Shapiro WFD Consulting email@example.com 01.617.673.3296
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