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Children’s Memorial Hospital

Chicago, IL

It’s a Fact!

Free financial planning services help employees of Children’s Memorial Hospital make the most of their money.

Employees

4018

Women

82%

Children’s Memorial Hospital

What We Love
Meeting the needs of families is the raison d’être of this Chicago-based pediatric hospital, where 82% of employees are women.  To that end, it offers its employee parents priority access and generous discounts on full-time child care at two national chains, plus 20 days of free annual backup care—a benefit so popular that 2,300 requests were filed for it last year. To help with additional costs, the hospital places $100 into employees’ pretax dependent-care accounts every month. Older kids and their parents can take advantage of college coaches, who show how to select and apply for schools and establish direct-deposit 529 accounts to maximize their savings. Additionally, free financial planning services help employees learn how to both save and make the most of their money.

President & CEO: Patrick Magoon

Chief HR Officer: Barbara Bowman

Women managers/execs: 70%

Women among top earners: 75%

Women on board of directors: 24%

Women corporate executive hires in 2008: 0%

Women participating in management or leadership training in the past year: 50%

Women participating in formalized corporate executive planning last year: 60%

Women promoted last year who participated in a formal flexible work arrangement: 5%

Formal compensation policies reward managers who help women advance: No