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Charles Schwab & Co., Inc. Holds Grand Opening for New Child Care Center
Charles Schwab & Co., Inc. Holds Grand Opening for New Child Care Center
Published 12-07-00
Submitted by Schwab (Charles) Corporation
Charles Schwab & Co., Inc. today celebrated the opening of a state-of-the art child care center, called the "Schwab Family Center @ Orlando," at its location at 1950 Summit Park Drive. The center will serve Schwab employees' children.
"Our goal is to be the employer of choice in all the locations where we do business, and as part of that initiative we also want to be the most family-friendly place to work," said Andy Rich, Schwab executive vice president/human resources. "It's important to us to offer our employees a supportive environment that promotes balance between the rigors of work and the demands of home," he added.
"This center will provide high-quality child care to our employees at competitive market rates," noted Rich. "It makes great business sense to create child care solutions like this, and we're exploring the feasibility of opening additional family centers in other Schwab locations across the country."
Jackie Legg, senior vice president of operations at Bright Horizons, described how the Bright Horizons' programs are designed to be developmentally appropriate for each age group, while still taking the needs and development of each child into consideration. "Our curriculum is based on the principle that children are active learners and there is no clear separation between learning and caring, play and work," she said.
Schwab employees have already responded to with enthusiasm. John Rivera, a team manager in Schwab's Retail Client Services division, gave a glowing report of the impact the new day care center has already made on his life. "I have a 40-minute commute to work every morning, and now I get to enjoy the company of my two-year-old son," he said. "I've been extremely grateful for
the way Schwab has provided for me over the five and a half years I've been with the company, but words can't express how grateful I am for what Schwab is now providing for my son."
Grand opening activities included a ribbon cutting ceremony, while a clown and balloon artist entertained the younger guests.
About Schwab
The Charles Schwab Corporation, through Charles Schwab & Co., Inc.(member SIPC/NYSE), U.S. Trust Corporation, CyBerCorp Holdings, Inc. and its other operating subsidiaries, is one of the world's leading financial services firms, serving investors through offices, regional client telephone service centers and automated telephonic and online channels.
Schwab has received numerous awards and accolades for its online brokerage site, as well as for its leadership in technology and e-commerce. Schwab has also received the following awards for its progressive and employee-friendly corporate culture:
-- #8 in Fortune magazine's "100 Best Companies to Work for in America"
(Dec. 1999).
-- #2 in Working Woman's "Top 25 Companies for Executive Women"
(Dec. 1999).
-- One of the three winners of the 2000 Catalyst Award, which recognizes
companies for their initiatives to advance women.
-- #8 in Business Ethics magazine's "100 Best Corporate Citizens"
(March/April 2000).
-- Listing in Mademoiselle magazine's "Top 25 Companies to Work For"
(Nov. 2000).
-- #3 in Central Florida Family magazine's "Top 100 Companies for Working
Families" (2000).
The Charles Schwab, U.S. Trust and CyBerCorp Web sites can be reached at http://www.schwab.com, http://www.ustrust.com and http://www.cybercorp.com, respectively.
About Bright Horizons
Bright Horizons Family Solutions is the world's leading provider of employer-sponsored child care, early education, and work/life consulting services. The company manages more than 325 family centers for more than 250 clients across the United States, in Europe and the Pacific Rim. Among Bright Horizons' clients are many of the nation's leading companies, including 77 Fortune 500 companies and 44 of the "100 Best Companies for Working Mothers," as recognized by Working Mother magazine.
Bright Horizons Family Solutions is committed to gaining accreditation for all of its child care centers from the National Association for the Education of Young Children, a distinction of quality that fewer than 6 percent of centers in the United States achieve.
