100 Best Companies For Working Mom’s [Public Accounting CPA Firms] 2011

DISCLAIMER: Working Moms CPA Exam Motivation is in no way affiliated or owned by Working Mother Media. This report was converted from a PDF created by Working Mother Media for the purposes of easier reading and review. If you wish to download the PDF version, please refer to the link below for the original report published by Working Mother Media.

2011 Working Mother 100 Best Executive Summary 

Research Goals and Objectives

For 26 years, the Working Mother 100 Best Companies have set the standard for work life practices in the United States.

This initiative:

Reveals how the Best Companies compare in the areas of workforce profile, benefits, advancement, child care, flexible work arrangements, parental leave and company culture for working mothers.

Creates a benchmark of progressive policies and programs that make organizations succeed.

Tracks and measures the Working Mother 100 Best Companies against the nation’s employers.

Raises awareness of the issues working mothers face in the workplace and encourages the development of programs to address those issues.

Promotes the interests of working mothers in corporate America by honoring companies that successfully help employees integrate home and work.

Research Methodology

Each organization completed a detailed application covering both internal and external programs and activities that benefit working mothers. The 2011 application included more than 850 questions in the following clusters:

Company Profile

Flexible Work

Workforce Profile

Paid Time Off and Leave

Benefits

Company Culture

Women’s Issues & Advancement

Work Life Programs

Child Care

Best Practices: Tell Us Your Story

Completed applications for the 2011 Working Mother 100 Best Companies initiative were collected online from December 10, 2010, to March 11, 2011.

2011 Summary of Findings

Commitment to flexibility remains strong at the Working Mother 100 Best Companies despite the economy. By comparison, the percentage of employers nationwide that offer flex rebounded a bit last year to near pre-recession levels.

Nearly all 2011 Working Mother Best Companies offer mentoring programs, compared with only 17% of the nation’s employers overall. Employers nationwide have pulled back on their support for some advancement programs in recent years.

The Working Mother 100 Best Companies continue to lead the way on paid parental leave vs. employers nationwide.

Working Mother 100 Best Companies also continue to offer a broad array of economic and employee-service related programs at a much higher rate than employers nationwide.

2011 Top Ten Winners!

By the Numbers

The 2011 Working Mother 100 Best Companies employ 2.5 million people in 18 industries at more than 37,700 worksites nationwide.

Of these employees, 1.21 million are women.

Accounting

Legal

Apparel

Management Consulting

Chemicals

Manufacturing

Consumer Products

Media, Internet & Advertising

Education

Pharmaceutical

Financial Services

Professional Services

Hospitals/Healthcare

Technology

Hospitality

Telecommunications

Insurance

Utilities

 

Best vs. Rest: Access to Flexible Work Arrangements

Access to flexibility at the nation’s employers rose slightly or stayed constant after some gradual declines in the previous few years. By comparison, access at the 2011 Working Mother 100 Best Companies remains strong with 100% of the Best Companies offering flextime and telecommuting.

Access to Flexible Work Arrangements

2007 Nationwide

2008 Nationwide

2009 Nationwide

2010 Nationwide

2011 Nationwide

2011 Working Mother 100 Best Companies

Source: Nationwide data based on Society for Human Resource Management Benefits Survey Report (2011, 2010, 2009, 2008 and 2007 report)

Best vs. Rest: Advancement Programs

95% of the 2011 Working Mother Best Companies offer mentoring programs, compared with only 17% of the nation’s employers overall.

In addition, the nation’s employers have been decreasing their support of some advancement directly related to the job

Source: 2011 Working Mother 100 Best Companies

8

Source: Nationwide data based on Society for Human Resource Management Benefits Survey Report (2011, 2010 , 2009, 2008 and 2007 report); Note: A dash (—) indicates

that this particular benefit was not asked about or was combined with another benefit.

Best vs. Rest: Paid Time Off and Parental Leave

100% of the 2011 Working Mother 100 Best Companies offer paid maternity leave, 79% offer paid adoption leave and 76% offer paid paternity leave.

Parental Leave Offerings

Source: Nationwide data based on Society for Human Resource Management Benefits Survey Report (2011, 2010 and 2009 report)

Best vs. Rest: Economic Benefits

88% of the 2011 Working Mother 100 Best Companies offer legal assistance / services and 44% offer mortgage assistance, versus 20% and 3%, respectively, of the nation’s employers.

100%

Access to Economic Benefits

2009 Nationwide

2010 Nationwide

2011 Nationwide

2011 Working Mother 100 Best Companies

Best vs. Rest: Employee Service Benefits

76% of the 2011 Working Mother 100 Best Companies offer travel planning services, 69% offer massage therapy services at work and 43% offer prepared take-home meals.

Access to Employee Service Benefits

100 Best Year over Year: Paid Parental Leave

In the past year at the Working Mother 100 Best Companies, the number of partially-paid weeks of maternity leave increased, while the number of fully-paid weeks of maternity leave declined.

Access to Paid Parental Leave

2008 Working Mother 100 Best Companies

2009 Working Mother 100 Best Companies

2010 Working Mother 100 Best Companies

2011 Working Mother 100 Best Companies

Source: 2011, 2010, 2009, 2008 Working Mother 100 Best Companies

 

100 Best Year over Year:

Usage of Flexible Work Arrangements

The percentage of employees using flextime, telecommuting and compressed work schedules has increased over the past three years at the Best Companies. However, usage of part-time work and job sharing has declined at the Best Companies.

Source: 2010, 2009, 2008 Working Mother 100 Best Companies; *Usage based on total workforce.

100 Best Year over Year: Work Life Programs

After declines for the past three years, programs targeting moms-to-be and new moms experienced

an increase in support. 85% of Best Companies offer prenatal education, up from 77% the year before.

Source: 2010, 2009, 2008 Working Mother 100 Best Companies; percentage of companies offering breast pumps; encouraged breaks so nursing moms can pump; and refrigeration for

breast milk was asked in the question “Please indicate which of the following are normally included as part of the lactation programs: (Choose all that apply)”

100 Best Year over Year:

Spending Trends on Work Life Benefits

Spending on work life benefits, as a proportion of the total U.S. payroll, held steady or increased at 99% of winning companies last year, an increase over the past few years.

Among companies that increased spending on work-life benefits this year, 89%* said the growth resulted in new or improved programs and benefits (up from 82%* in the previous year), not inflation.

Spending

2008

2009

2010

2011

Spending Increased or

96%

93%

97%

99%

Remained the Same

Spending Decreased

4%

7%

3%

1%

*Figure is percentage of those companies that increased spending in the past year

Source: 2011, 2010, 2009 and 2008 Working Mother 100 Best Companies

The Positive Impact of Manager Training and Accountability

32 of the 2011 Working Mother

100 Best Companies require managers to receive training in how to hire, advance or manage women AND train and reward managers who help women advance

Impact of Manager

Training &

Accountability

On Promotion Rates

Of Women at the

Working Mother 100

Best Companies

68 of the 2011 Working Mother

100 Best Companies do NOT require managers to receive training in how to hire, advance or manage women nor train and reward managers who help women advance

At these 32 Best Companies, the percentage of employees promoted to manager, senior manager and corporate executive positions that are female:

46%

A difference of 7

percentage points!

At these 68 Best Companies, the percentage of employees promoted to manager, senior manager and corporate executive positions that are female:

17

Source: 2011 Working Mother 100 Best Companies

NOTE: Percentage of Working Mother 100 Best Companies

Communication Strategies for Work Life

A hotline for employees & families to gather info on programs

Representation: Gender’s Impact

Even though women represent almost 50% of all employees at the Best Companies, their representation shrinks the higher up the ladder they go.

The most significant shift this year was that the percentage of women on boards of directors increased to 25%, up from 17% in the previous year.

20

Source: 2011 Working Mother 100 Best Companies

Representation: Promotions

Women received almost half (46%) of the promotions to manager positions at the Best Companies in the past year. However, they received slightly less than a third (32%) of all promotions to corporate executive positions.

Representation of Promotions

Male Employees

Female Employees

Source: 2011 Working Mother 100 Best Companies

 

Interested in learning more? Contact us.

Source: 2011 Working Mother 100 Best Companies

Learn more at workingmother.com/bestcompanies/research 23

Source: 2011 Working Mother 100 Best Companies

Benchmarking

Benchmarking Survey

Want to see how your company compares to other Working Mother 100 Best Companies?

Level 1 Benchmarking: Get comprehensive knowledge on work life practices with this complete report on all benchmarking data for your company as culled from the Working Mother 100 Best Companies application.

Level 2 Benchmarking: Get a full benchmarking report, plus custom data specific to your industry and a turnkey Custom Benchmarking Assessment showing where your company leads and lags in important work life areas versus the Working Mother 100 Best Companies and the Best Companies in your industry.

Level 3 Benchmarking: Companies receive a full benchmarking report and Custom Benchmarking Analysis. Plus, Working Mother experts will tailor a data comparison that gets you the information you need to succeed.

•Learnmore about the Working Mother Research Institute at

workingmother.com/bestcompanies/research

 

24

Source: 2011 Working Mother 100 Best Companies