GENERAL DYNAMICS CORPORATION RANKS IN TOP FIFTH OF COMPANIES IN WORK-FAMILY CONCERNS
GENERAL DYNAMICS CORPORATION RANKS IN TOP FIFTH
OF COMPANIES IN WORK-FAMILY CONCERNS
WASHINGTON, D.C, Nov. 13, 1991 -- General Dynamics Corporation (NYSE: GD) has been rated in the top one-fifth of corporations evaluated in a three-year study which examined whether workers are afforded caring work places to solve work-family concerns.
The company, one of the nation's top defense contractors, was ranked among a "handful" of corporations with "family-friendly" scores that indicate a packaged response to the employees work-family needs.
The findings were reported in "Stages in the Development of Work- Family Programs," which was released yesterday by the New York-based Families and Work Institute, a non-profit education group.
"We were pleased at this account of our programs," said Roger Groh, General Dynamics corporate director for employee benefits. We've stressed flexibility in our benefits package and employee wellness for a number of years."
Only four of the 188 companies studied were ranked in the Institute's top "Stage III" rating, which identifies a company as having a comprehensive approach to providing benefits, established policies on gender equity and a life-cycle approach to benefits with strong community intervention programs.
General Dynamics ranked in "Stage II," a group of 36 companies which have integrated family and benefit policies and offer employees a flexible package of responses to their needs.
Ranked below this group were 148 "pre-Stage I and Stage I" companies which may have no policies, benefits or programs to care for work-family problems or other firms which still treat work-family issues as women's concerns.
Each company was examined by the Institute in several areas, including flexible benefit policies, part-time work and job-sharing policies, leave for mothers, personal day use policies, dependent care policies, child care center support policies and wellness and other work-family support policies.
/CONTACT: Tom Burgess of General Dynamics, 703-553-1224/
(GD) CO: General Dynamics ST: District of Columbia IN: ARO SU: MH -- DC031 -- 4156 11/13/91 17:38 EST