At least two firms in the mutual fund business are among the best businesses for parents to work at in the U.S. this year, according to the folks at a workplace culture specialist.

Kevin Thomas Jestice Nationwide Head of the Investment Management Group

The team at Great Place to Work has unveiled their 2023 Best Workplaces for Parents lists. One list includes 70 large workplaces (with 1,000 employees or more each), while the other includes 30 small and medium workplaces (with fewer than 1,000 employees each). This year's lists are based on confidential survey responses from 1.3 million confidential survey responses from employees (including more than 612,000 working parents) from Great Place to Work certified companies. (Certification involves conducting an employee experience survey and filling out a company culture and workforce questionnaire.)

In the asset management business, companies on the 2023 list of the best large workplaces for parents include: Nationwide at 56 (down from 33 last year) and Baird at 60 (down from 57).

According to the Great Place to Work team, companies on the lists "create great work experiences not just for full-time managers who are parents, but also for their part-time employees on the front lines who have children, for parents who've just joined and those who've spent their whole career there, for parents of every race and ethnicity, gender, neurotype, or other demographic in the organizations."

"We look at it all," the Great Place to Work team writes. "Companies with the broadest set of parents who report positive workplace experience receive the highest rankings."

The 2023 list also includes at least two firms in the retirement plan recordkeeping business, as highlighted by 401kWire, a sister publication to MFWire. 

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