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ReACT Case Study

Pfizer

Pfizer logo

Pfizer
New York
Number of Employees: 35,000 (in U.S.)
110,000 (worldwide)
www.pfizer.com

Program
Pfizer provides benefits in the U.S. and Puerto Rico to best meet the needs of colleagues, and help support the company’s long-term competitiveness and the sustainability of colleague benefits. To assist with caregiving needs, benefits include the following in the U.S.

  • Life Management Resources: This program includes both:
    • Consultation with a geriatric care manager to complete an assessment and develop a care plan; the benefit pays for up to four hours of assessment
    • Access to mental health counseling
  • Dependent Backup Care: Provides up to 10 days a year of subsidized backup care
  • Paid Caregiver Leave: Provides up to five days per year. This is in addition to normal vacation and FMLA.

Caregiver Leave Policy
More specifically, the paid caregiver leave benefit for eligible U.S. colleagues provides up to one week (five business days) per year to care for a family member, including a newborn or parent. This leave may be taken once per year and colleagues may take the leave a day at a time, provided it is in full-day increments. Additionally, the policy will allow for colleagues to use this leave for different reasons. For example, a colleague may need to take two days to care for his or her spouse and three days to care for his or her newborn.

Marketing
An internal website was created on Pfizer’s online HR portal for employees to access the most current U.S. benefits and policies information. The website was launched to colleagues in November 2011. No information is yet available on utilization.

Benefits to Employer
By offering the new caregiver leave policy, Pfizer was able to integrate various legacy company leave policies and provide a new paid leave benefit to reflect the broad family caregiving needs and enhance the retention and engagement of their colleagues.

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