100 best companies 2017 data snapshot - working mother · pdf fileworkingmother.com · 1...
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Workingmother.com · 1
DATA SNAPSHOT
BESTBEST100100100BESTCOMPANIES
DATA SNAPSHOT
2017
Workingmother.com · 2 Hall of Fame (at least 15 years on the list) 25 Quarter Century Club 10 Top 10 First Timer
CONGRATULATIONSA.T. Kearney
Abbott
AbbVie
Accenture Adobe Systems
The Advisory Board Company
Allianz Life Insurance Company of North America
American Express 25
Arnold & Porter Kaye Scholer
Astellas
Bain & Co.
Bank of America 25 10
Baptist Health South Florida 25
BDO USA
Blue Cross and Blue Shield of North Carolina
Boehringer Ingelheim USA
Bon Secours Virginia Health System
Booz Allen Hamilton
The Boston Consulting Group
Boston Scientific
Bristol-Myers Squibb
Broad Institute
CA Technologies
Capital One
Children’s Healthcare of Atlanta
Colgate-Palmolive
Deloitte 10
Diageo North America
DigitasLBi
Discovery Communications
Dow Jones & Co.
DuPont 25
Eli Lilly and Company Ernst & Young LLP 10
Finnegan, Henderson, Farabow, Garrett & Dunner
FINRA
First Horizon National
Freddie Mac
GE
Genentech General Mills
Goldman Sachs
Grant Thornton
Herman Miller
Horizon Blue Cross Blue Shield of NJ
HP 25
IBM 25 10
Intel
JLL Johnson & Johnson
25 10
JPMorgan Chase & Co. Katten Muchin Rosenman
Kimberly-Clark KPMG
L.E.K. Consulting
L’Oréal USA
LEGO Systems
Lenovo
Leo Burnett
Lexmark International
Marriott International
MassMutual Financial Group
McKinsey & Co. 10
Merck 25
MetLife
Monsanto
Moffitt Cancer Center
Moody’s
Morgan Stanley
Moss Adams
New York Life Insurance
Northwestern Memorial HealthCare
Novo Nordisk, Inc.
OppenheimerFunds
Pillsbury Winthrop Shaw Pittman
PNC Financial Services Group
Principal
Procter & Gamble 25
Prudential Financial 25 10
PwC 10
Roche Diagnostics
RSM
S&P Global
SapientRazorfish
SC Johnson 25
Scripps Health
State Street
Synchrony Financial
Takeda
Texas Instruments
TIAA
TriHealth
Turner
UBS
Unilever 10
Verizon
Viacom
WellStar Health System
Zoetis 10
Zurich North America
METHODOLOGY The Application The 2017 Working Mother 100 Best Companies application includes more than 400 questions on leave policies, workforce representation, benefits, childcare, advancement programs, flexibility policies and more. It surveys the availability and usage of these programs, as well as the accountability of the many managers who oversee them. Company profiles and data come from submitted applications and reflect 2016 data.
to the 2017 Working Mother 100 Best Companies
Workingmother.com · 3
WOMEN at the 100 Best Companies
male54%
female46%
TOTA
L
male65%
male72%
female35% female28%
male female
MA
NA
GER
S S
R. M
AN
AG
ERS
CORP
ORA
TE
EXEC
S
56% 44%
Boss
Workingmother.com · 4
*National numbers are based on the Society for Human Resource Management (SHRM) report 2017 Employee Benefits.
SUPPORT FOR PARENTS100 Best** U.S.*
Paid maternity
leave
Paid adoption
leave
Paid paternity
leave
Adoption assistance
100%30%
98%23%
97%24%
93%9%
**The Working Mother 100 Best Companies figure represents companies offering fully paid maternity leave; in contrast, the SHRM figure includes member companies surveyed that offer either fully or partially paid maternity leave, excluding short-term disability or leave covered by state law.
PAID LEAVETH
E BE
ST V
S. T
HE
REST
Workingmother.com · 5
PAID LEAVEAnd here are the numbers of weeks of paid leave employees actually used at the 100 Best, on average:
What the 100 Best Companies offer their employees, on average:
weeks9FULLY PAID MATERNITY LEAVE
weeks3FULLY PAID PATERNITY LEAVE
weeks5FULLY PAID ADOPTION LEAVE
MATERNITY LEAVE
10 weeks100 Best
15 weeks
15 weeks
Top 10
Top 25 in Paid Leave*
ADOPTION LEAVE
6 weeks100 Best
10 weeks
11 weeks
Top 10
Top 25 in Paid Leave*
PATERNITY LEAVE
4 weeks100 Best
9 weeks
7 weeks
Top 10
Top 25 in Paid Leave*
*Companies with the highest scores in the paid leave section of the application
Workingmother.com · 6
PAID LEAVEPhase-back programs allow mom employees to ease back into work with a less-than-full-time schedule after maternity leave. Most of the 100 Best Companies offer phase-back.
100 Best
Top 10
New moms receive full pay
during the phase-back period
Company offers a phase-back or
reduced-hour program to female full-time
employees returning to work
after pregnancy
86%
100%
38%
70%
Phase-back program is automatic
for new mothers returning to work
23%
30%
Workingmother.com · 7
PAID LEAVE
Paid days off (for full-time exempt employees) include vacation, PTO, and personal days, and the high usage rate shows that employees have confi-dence they can take time off without repercussions.
*Companies with the highest scores in the paid leave section of the application
21 The number of days actually taken by workers in the 100 Best, Top 10 and Top 25 in Paid Leave groups.
PAID DAYS OFF OFFERED
100 Best 27
Top 25 in Paid Leave* 27
Top 10 25
Workingmother.com · 8
FLEXIBILITY
FLEXIBLEWORK
100 BestU.S.*
Flextime
Tele- commuting
Compressed work
schedule
Job sharing
100%57%
99%62%
88%29%
79%11%
THE
BEST
VS.
TH
E RE
ST
Companies that offer each benefit:
*National numbers are based on the Society for Human Resource Management (SHRM) report 2017 Employee Benefits.
Workingmother.com · 9
FLEXIBILITYFlextime and telecommuting aren’t just for moms
at the 100 Best Companies.
Females Males
98% of the 100 Best companies provide equipment and supplies to support telecommuting, and
86% provide specialized training for employees working from home.
USA
GE O
F FLEXTIME
100 Best
78%
80%
USAGE OF TELECOM
MU
TING
100 Best
57%
56%
Workingmother.com · 10
BENEFITSTH
E BE
ST V
S. T
HE
REST
BONUS SERVICESCompanies that offer each benefit:
100 BestU.S.*
Legal assistance/
services 94%26%
Foreign- language classes
41%4%
Prepared take-home
meals39%3%
English as a second
language (ESL) classes
33%5%
Dry- cleaning services
60%8%
Concierge services 52%3%
Mortgage assistance2% 39%
Eldercare referral service
99%13%
Elder in-home assess-ments
42%1%
*National numbers are based on the Society for Human Resource Management (SHRM) report 2017 Employee Benefits.
Student loan refinancing and/or
forgiveness is becoming a more common
benefit among the most competitive companies—
almost a quarter of the 100 Best
Companies (23%) offer it, as do 40% of those
in the Top 10.
98% of the 100 Best
Companies (and
100% of the Top 10) offer tuition
reimbursement to employees.
Workingmother.com · 11
BENEFITS
The 100 Best Companies offer benefits that help employee families grow.
*Companies with the highest scores in the benefits section of the application
100 Best
Top 10
Top 25 in Benefits*
69%
100%
88%
IN VITRO FERTILIZATION
32%
80%
48%
EGG FREEZING
20%
40%
24%
SURROGACYEXPENSES
Workingmother.com · 12
Childcare benefits at the 100 Best Companies focus increasingly on flexible options rather than daily on-site care.
BENEFITS
Company has at least one
company-sponsored, on-site
childcare center
41%
50%
Company offers
backup childcare
92%
100%
72%
100%
Company offers
sick-child care
Many of the 100 Best Companies also offer a variety of other child-care options:Childcare referral services: 91%
School-holiday childcare: 71%
Summer-program childcare: 57%
Before- and after-school childcare: 47%
Before- and after-hours childcare: 43%
Travel childcare reimbursement: 33%
Subsidies at near-site childcare centers: 19%
Paying for a child’s caregivers to travel with parents on business trips: 9%
100 Best
Top 10
Workingmother.com · 13
COMPANY CULTUREThe Best Companies conduct surveys to find out what their employees need.
72% of the 100 Best
Companies train managers on how to hire, advance
or manage women; and
89% offer training on managing work-life and flexibility
concerns of employees.
When it comes to accountability, great companies use perfor-mance reviews and compensation to reward managers who are successful in advancing women.
Top 10
100 BestManagers are
rewarded for helping women advance
through performance reviews
Company has formal compensation
policies to reward managers who help
women advance
39%
90% 90%
*Companies with the highest scores in the culture section of the application
SURVEYS ON WOMEN’S ISSUES
87%100 Best
Top 10
Top 25 in Culture*
100%
96%
SURVEYS ON WORK-LIFE ISSUES
92%100 Best
Top 10
Top 25 in Culture*
100%
100%
54%
Workingmother.com · 14
COMPANY CULTURECEO COMMITMENT AT THE 100 BEST
CEOs at the 100 Best Companies show how committed they are to work-life programs in the following ways:
Meets regularly with work-life executive to review metrics and goals
74%Personally uses flexible work
70%Oversees or approves management compensation plans that are tied to work life
37%
ADVANCEMENT PROGRAMS OFFERED AT THE 100 BEST COMPANIES:
Advancement is a top priority.
96%Identifying High-Potential Women
95%Mentoring
61%Scholarships
92%Career Counseling
100%Management/Leadership Training
64%P&L Training
Workingmother.com · 15
From flexibility and childcare to the recruitment, retention and advancement of women, the Working Mother Research Institute is dedicated to tracking and promoting the best practices of today while creating strategies for tomorrow. WMRI’s goal is to give both working mothers and their employers the information they need to make workplaces truly family friendly.
Want to Dive Deeper? Explore WMRI’s benchmarking opportunities and learn more about your company’s strengths and weaknesses through a custom assessment of your results, trend analy-ses and even have a Working Mother representative come to you and work with your team to create an impactful presentation that highlights your Best Companies story. For more information, please contact Suzanne Richards at [email protected].
How do you rate in key areas like diversity and inclusion, women’s advancement and work life programs?
MEET OUR
TEAM SUZANNE RICHARDS Director of Researchsuzanne.richards@ contractor. workingmother.com
KRISTA CAROTHERS
Executive Research Editor
krista.carothers@ workingmother.com
KRISTEN WILLOUGHBYDirector, Editorial & Research [email protected]
MICHELE SIEGEL
Director of Research Initiatives
AVIVA ROSNERCustom Insights Analystaviva.rosner@ bonniercorp.com
To find out how your company rates, register today for our initiatives at
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The Working Mother Research Institute has the answer. With one of the most comprehensive databases available to corporate America, WMRI has the data you need to make the right decisions for both your employees and your bottom line.