Earlier in March, the National Association for Female Executives (NAFE) released its 2015 list of the top 50 companies for executive women.
How do they determine the top 50? According to NAFE's website:
The 2015 National Association for Female Executives (NAFE) Top 50 Companies for Executive Women application includes more than 200 questions on female representation at all levels, but especially the corporate officer and profit-and-loss leadership ranks. The application tracks how many employees have access to programs and policies that promote the advancement of women and how many employees take advantage of them. The application also examines how companies train managers to help women advance and how managers are held accountable for the advancement of female employees they oversee.
So, what companies did the best?
Read the story here:
The top 10 are.......
1. Abbott
2. Ernst & Young LLP
3. General Mills
4. IBM
5. Johnson & Johnson
6. KPMG
7. Marriott International
8. MassMutual Financial Group
9. Procter & Gamble
10. State Farm
Here's the link to see the full list, along with an informative narrative about each of the 50:
I found it interesting that both Target and Wal-Mart made the top 50. Here's what they said about each......
TARGET:
"Great perks greet executives who work for this retail giant, from day care discounts, concierge services and on-site fitness centers (at HQ) to $5,000 in adoption aid, substantial tuition assistance and a 401(k) with 100% match (up to the first 5% of salary). Women also earn 53% of all promotions within the management ranks and score 49% of top salaries here. But moving into the executive suite doesn’t have to be isolating: They can join six diversity and inclusion business councils (including one for women, with 4,066 members) and 100+ affinity networks (among them TWIST, for women in science and tech positions, and Red-Hot Mamas, for those with kids)."
WAL-MART:
"This big-box retailer’s Global Women’s Strategy sets the tone for the way it manages female employees all over the world. It nurtures their capabilities with hundreds of international leadership programs, maintains dedicated councils in every country where it does business and offers 40+ groups for those in merchandising, real estate, construction and other functions. All of these offerings have also been extended to U.S. workers, as has access to the employer’s Champions in Development initiative, which prepares store and market managers for potential executive roles. At HQ, 3,200+ women belong to the Women’s Resource Council, which provides additional training opportunities."
Very impressive work by these 2 organizations.
Nice to see them get some positive press, considering all the negative crap they are having to wade thru with regard to minimum wage and worker pay.
It is clearly evident that both Target and Wal-Mart realize the importance of involving and valuing women at all levels of management.
Too many companies do not. Still. Even here in the 2nd decade of the 2000's.
Out for now.....
Matt