100 Best Companies For Working Mom’s [Public Accounting CPA Firms] 2014

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100 Best Companies 2014 Executive Summary

Background on the Initiative

For 29 years, the Working Mother 100 Best Companies have set the standard

for work life practices in the United States.

The Working Mother Research Institute collects data on the workforces and policies of the winning companies in order to:

Reveal how the Best Companies lead in the areas of representation, benefits,

advancement, child care, flexible work arrangements, parental leave and company culture.

Create a benchmark of progressive policies and programs that make

organizations succeed.

Raise awareness of the issues working mothers and all employees face in the

workplace and encourage the development of programs to address those issues.

Promote the interests of working mothers in corporate America by honoring

companies that successfully help employees integrate home and work.

Source: 2014 Working Mother 100 Best Companies

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Cover photograph by Chris Robbins/BLG; styling by Rachel Wirkus; hair and makeup by Stefano

Antoniazzi/anywaymgmt.com

Congratulations!

 

The 2014 Working Mother 100 Best Companies

  • A.T. Kearney
  • Abbott Top 10
  • AbbVie
  • Accenture
  • The Advisory Board Company
  • Allianz Life Insurance Company
  • of North America
  • Allstate Insurance
  • American Express
  • AOL
  • Arnold & Porter
  • AstraZeneca
  • Automatic Data Processing
  • Avon Products
  • Bain & Co.
  • Bank of America
  • Baptist Health South Florida
  • Barclays
  • BDO USA
  • Blue Cross Blue Shield of North Carolina
  • Boehringer Ingelheim USA
  • Bon Secours Virginia Health System
  • Booz Allen Hamilton
  • Boston Consulting Group
  • Bristol-Myers Squibb
  • CA Technologies
  • Capital One Financial
  • Cardinal Health
  • Children’s Healthcare of Atlanta
  • Cisco
  • Citi
  • Colgate-Palmolive
  • Dell
  • Deloitte
  • Deutsche Bank
  • Diageo North America
  • Discovery Communications Top 10
  • Dow Corning
  • DuPont
  • Eli Lilly and Company
  • Ernst & Young LLP
  • Finnegan, Henderson, Farabow,
  • Garrett & Dunner
  • FINRA
  • First Horizon National
  • Freddie Mac
  • GE
  • Genentech
  • General Mills Top 10
  • Goldman Sachs
  • Grant Thornton
  • Horizon Healthcare Services, Inc.
  • HP
  • IBM Top 10
  • Intel
  • Johnson & Johnson
  • Katten Muchin Rosenman
  • Kellogg Company
  • KPMG
  • LEGO Systems
  • March of Dimes Foundation
  • Marriott International
  • MassMutual Financial Group
  • MasterCard
  • McGladrey
  • McGraw Hill Financial
  • McKinsey & Co.
  • Merck
  • MetLife
  • Moffitt Cancer Center
  • Moss Adams
  • New York Life
  • Northern Trust
  • Northwestern Memorial HealthCare
  • Novartis Pharmaceuticals Corp.
  • Ogilvy & Mather
  • Oliver Wyman
  • Patagonia
  • Pillsbury Winthrop Shaw Pittman
  • PNC Financial Services Group
  • Procter & Gamble
  • Prudential Financial Top 10
  • PwC
  • Roche Diagnostics
  • Rothstein Kass
  • Ryan
  • SC Johnson
  • Scripps Health
  • State Street
  • Takeda
  • TIAA-CREF
  • TriHealth
  • Turner Broadcasting System
  • UBS
  • University of Wisconsin Hospital
  • and Clinics
  • Valassis
  • Verizon Communications
  • Viacom
  • WellStar Health System Top 10
  • Yale University
  • Zoetis Top 10
  • Zurich North America

Source: 2014 Working Mother 100 Best Companies

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Summary of 2014 Findings

More women at the Best Companies were promoted

into senior manager ranks than in 2013, while 23% of corporate executive hires went to women (up from 19% last year).

The number of Best Companies offering sponsorship to employees continues to grow, hitting 62% in 2014.

On average, the Best Companies offer 7 weeks

of fully paid maternity leave. Among Best Companies that also offer partially paid weeks, the average is now 6, the highest its

been in seven years.

On average, the Best Companies offer 5 weeks of fully paid

adoption leave and 3 weeks of fully paid paternity leave—even as,

nationwide, the number of companies offering either decline.

Use of telecommuting continues to rise

at the Best Companies (to 55%), while use of compressed work weeks declined, year over year.

At the Best Companies, men and women use flex time (77% women vs. 74%

men), telecommuting (54% vs. 52%) and remote work (18% vs. 17%) at similar rates.

More Best Companies are training managers how to hire, advance and manage women than in the past two years—and holding them accountable through formal compensation

tie-ins.

Source: 2014 Working Mother 100 Best Companies; Society for Human Resource Management Annual Benefits Survey, 2014

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Overview of the 100 Best Companies

The 2014 Working Mother 100 Best Companies employ almost 2.1 million people in 15 industries at more than 27,000 worksites nationwide.

Of these employees, almost 1 million, or 46%, are women.

  • Chemical (including Petro)
  • Consumer Products (including
  • Cosmetics, Food and
  • Beverages)
  • Education
  • Financial Services
  • Hospitality
  • Hospitals/Health Care
  • Insurance
  • Legal
  • Manufacturing
  • Media, Internet and Advertising
  • Pharmaceutical
  • Professional Services,
  • Management Consulting,
  • Accounting
  • Retail and Apparel
  • Science, Technology,
  • Engineering, Aerospace
  • Telecommunications

Source: 2014 Working Mother 100 Best Companies

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Female Representation

Representation of women remains at 46% of all employees at the Best Companies versus a year ago.

At higher job levels, representation of women declined slightly at the manager level, year over year, but increased at

the senior manager (to 36% from 34%) and corporate executive (to 26% from 23%) levels.

Women

Men

Total Employees

2014

46%

54%

2013

46%

54%

Managers

2014

42%

58%

2013

43%

57%

Senior Managers

2014

36%

65%

2013

34%

66%

Corporate Executives

2014

26%

74%

2013

23%

77%

Source: 2014 Working Mother 100 Best Companies

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Representation of Women in Leadership Positions

At the Best Companies, women make up about a third (33%) of the top 20% of earners, and almost a quarter (23%) of board of directors members.

Percentage of women in leadership positions at the 2014 Best Companies

33%

28%

23%

22%

Top 20% earners

Direct reports

Board of directors

Executives

to CEO

with P&L

responsibilities

Source: 2014 Working Mother 100 Best Companies

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Promotion Rates for Women

At the Best Companies, the average promotion rates for women at the manager, senior manager and corporate executive

levels held steady this year, at 42%, versus a year ago.

Women received 40% of all promotions to senior manager positions (up from 36% last year), while female promotions to corporate executive levels inched up to 32%.

Percentage of Promotions Received by Women

Promotion to

Promotion to

Promotion to

Manager

Senior Manager

Corporate Executive

Source: 2014 Working Mother 100 Best Companies

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Corporate Executive Female Hires

 

Women made up almost a quarter (23%) of corporate executives hired into the 2014 Best Companies, up from 19% last year.

Corporate Executive Female Hires

2014 23%

2013 19%

Source: 2014 Working Mother 100 Best Companies

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 Employee Surveys on Women’s Issues

Eighty-six percent of Best Companies conducted employee opinion surveys on women’s issues, compared to 80% in 2013. Of

those companies, 57% used the results to improve programs and/or policies.

How did your company utilize the findings from your last employee opinion survey

that included women’s issues?

Gained a better understanding of womens’ opinions about the company culture

Evaluated effectiveness of programs for women

Made decisions about programs for women

Developed a business strategy for new or improved women’s initiatives or programs

Communicated the results to employees

Evaluated usage rates of programs for women

Conducted a needs assessment

Source: 2014 Working Mother 100 Best Companies

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Best vs. Rest: Paid Parental Leave

All Best Companies offer fully paid maternity leave.

The past three years have seen a steady increase in the number of Best Companies offering paid adoption leave and paid

paternity leave, while nationwide these figures have declined.

Source: 2012, 2014 Working Mother 100 Best Companies; nationwide data based on Society for Human Resource

Management

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Benefits Survey Report (2014, 2012 report), Families and Work Institute National Study of Employers (2012).

Best vs. Rest: Flexible Work

Arrangements

Access to flextime, job sharing and compressed workweeks nationwide declined in the past year, while the share of

companies offering telecommuting across the nation increased one percentage point. By contrast, 100% of the Best Companies offer flextime

and telecommuting.

Source: 2014 Working Mother 100 Best Companies; Nationwide data based on Society for Human Resource Management

Benefits Survey Report (2014, 2013,

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2012, 2011, 2010, 2009 and 20008 report); Telecommuting is defined as some form of telecommuting (not necessarily

full-time or on an ad-hoc basis).

 Best vs. Rest: Health & Wellness

Programs

Nationwide, support for health and wellness programs has either held steady or declined slightly.

At the Best Companies, support for on-site fitness centers, health care premium discounts for wellness program

participation, on-site sick rooms, and

on-site nap rooms continues to grow.

Source: 2014 Working Mother 100 Best Companies

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Best vs. Rest: Programs for Parents

Nationwide, the number of employers offering on-site lactation rooms (28%), child care resource and referral services

(10%), adoption assistance (6%), lactation support services (6%), and backup child care (3%) has decreased since last year. However, a

majority of Best Companies support these programs for employee parents.

Nationwide 2013

Programs for Parents Offered

Nationwide 2014

100 Best Companies 2014

Year Over Year: Maternity Leave

On average, the Best Companies offer 7 weeks of fully paid maternity leave.

The average number of weeks of partially paid maternity leave at the Best

Companies reached 6 in 2014, the highest number in seven years.

Source: 2014, 2013, 2012, 2011, 2010, 2009, 2008 Working Mother 100 Best Companies

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Year Over Year: Paternity and Adoption

Leave

Best Companies, on average, continue to offer 3 weeks of paid paternity leave and 5 weeks of paid adoption leave for caregivers.

Access to Paid Parental Leave

*2014 paid data represent fully paid weeks

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Source: 2014, 2013, 2012, 2011, 2010, 2009, 2008 Working Mother 100 Best Companies

Year Over Year: Women’s Issues &

Advancement

All 2014 Best Companies offer management or leadership training.

Best Companies that Support Women’s Issues and Advancement Programs

Source: 2014 Working Mother 100 Best Companies; NOTE: Percentage of Working Mother 100 Best Companies

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Year Over Year: Sponsorship

Support for sponsorship continues to grow; the percentage of 2014 Best Companies that offer sponsorship has increased

16 percentage points from 2011.

Best Companies that Support Sponsorship Programs

Source: 2014 Working Mother 100 Best Companies

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Year Over Year:

Usage of Women’s Issues & Advancement Programs

More women are participating in affinity/network groups at the Best Companies (36% from 34% last year); however, fewer

women participated in career counseling (52% from 59%), management/leadership training (20% from 23%), and sponsorship (4% from 7%) versus last year.

Percentage of Women Participating in Women’s Issues & Advancement Programs

Source: 2014, 2013, 2012, 2011 Working Mother 100 Best Companies. NOTE: Percentage of Working Mother 100 Best

Companies

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Female vs. Male Program Usage

Thirty-six percent of women at the Best Companies participate in affinity/ network groups, compared to 17% of men.

However, the percentage of women participating in career counseling, mentoring, management/leadership training, succession planning, and

executive coaching lags behind the average percentage of men participating in these programs.

Female vs. Male Program Usage Rates

100%

Percentage of women participating

Percentage of men participating

Source: 2014 Working Mother 100 Best Companies

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Year Over Year: Usage of Flexible Work Arrangements

 

The percentage of employees using telecommuting continued to increase (to 55% from 52% last year), while the

percentage of employees using flextime remained fairly flat (77%), year-over-year.

The average percentage of employees using a compressed work schedule is at its lowest rate (20%) in the past six years.

Usage of Flexible Work Arrangements

Usage of Flex

Usage of

Usage of a Compressed

Telecommuting

Work Schedule

Source: 2014, 2013, 2012, 2011, 2010, 2009 Working Mother 100 Best Companies; * Usage based on total workforce

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Usage of Flexible Work Arrangements

Women at the Best Companies use flexible work arrangements at a slightly higher rate than men. All Best Companies

review requests for flexibility through an equitable process.

Usage of Flexible Work Arrangements at 2014 Best Companies

FlextimeTelecommutingRemote

Work

77%

55%

19%

of Total Workforce

of Total Workforce

of Total Workforce

74%

77%

52%

54 %

17%

18%

of Men

of Women

of Men

of Women

of Men

of Women

Source: 2014 Working Mother 100 Best Companies

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 Year Over Year: Manager Training & Accountability

 

More Best Companies are training managers to hire, advance and manage women than in the past two years. In addition,

more 2014 Best Companies are rewarding managers who help women advance through formal compensation policies.

Manager Training & Accountability at the Best Companies

Training for managers in how to hire, advance or manage women

Formal compensation rewards managers who help women advance

Formal compensation rewards managers who help manage work life concerns

Source: 2014, 2013, 2012 Working Mother 100 Best Companies

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Research Methodology

Each organization completed a

detailed application covering programs and activities that benefit working mothers. The 2014 application included more than

400 questions in the following clusters:

  • Paid Time Off and Leaves
  • Workforce Profile
  • Benefits
  • Women’s Issues & Advancement
  • Flexible Work
  • Company Culture and Work Life Programs

Completed applications for the

2014 Working Mother 100 Best Companies initiative were collected online from December 13, 2013, to March 14, 2014.

Winning Companies were ranked

on the data they provided in their applications.

Statistics in this report are

based on the data from the 100 winning companies.

Winners are announced in the

October/November 2014 issue of Working Mother magazine and online at www.workingmother.com/wmri.

Source: 2014 Working Mother 100 Best Companies

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How do you rate in key areas like diversity & inclusion, women’s advancement and work life programs? 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.

To find out how your company rates, register today for one of our initiatives:

  • Working Mother 100 Best Companies
  • Working Mother Best Companies for Multicultural Women
  • Working Mother & Flex-Time Lawyers Best Law Firms for
  • Women
  • NAFE Top Companies for Executive Women
  • Diversity Best Practices Benchmarking Tool

Participation is free and confidential.

Interested in learning more? Visit wmmsurveys.com today!

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Celebrate National Flex Day

For 29 years, the Working Mother 100 Best Companies have served as the vanguard of flexible work. What was once

cutting edge is now essential not only for working parents, but for all employees—from fitness buffs and community volunteers to pet

owners and anyone else who has obligations and interests outside the workplace.

That’s why Working Mother has created National Flex Day. Join us on October 21, 2014, as we

celebrate all forms of flex, from flextime and remote work to off- ramping and phased retirement.

Flex is a powerful benefit that serves all employees and their employers.

Visit workingmother.com/flex to read more about National Flex Day and to learn how to

participate.

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Benchmarking

Our benchmarking reports offer the most detailed data available, showing how your company rates, question- by-

question, against all of the Best Companies. Custom comparisons are also available.

Scorecards

Each participating company receives a free top-line summary of how it compares with all

applicants across essential clusters of the initiative’s extensive application.

Custom Assessments

Let our researchers do the assessment for you. Our experienced team will turn your benchmarking data into a turnkey

presentation showing where your company leads and lags compared with the Best Companies.

Interested in learning more? Contact us for more information today! 

From flexibility and child care 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.

Learn more at workingmother.com/wmri