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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
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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 careprograms
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 • abby.shapiro@wfd.com • 01.617.673.3296