Executive Summary Best Companies for Advancement

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Executive Summary 2011

Ten companies make up the first-ever 2011 Working Mother

Best Companies for Women’s Advancement

  • General Mills
  • IBM
  • KPMG
  • Marriott International
  • The Procter & Gamble

Company

 By the Numbers

The 2011 Working Mother Best Companies for Women’s Advancement employ more than 765,00 people in 7 industries at 11,686 worksites nationwide.

Women represent 47% of these employees and 39% of all managers and above.

  • Accounting
  • Consumer Products
  • Financial Services
  • Hospitality
  • Manufacturing
  • Professional Services
  • Technology

Accounting

Women interested in becoming better accountants need to click here

; managers and above is comprised of managers, senior managers and corporate executives.

 

Advancement Programs

The 10 Best Companies report higher female participation rates versus the Working Mother 100 Best Companies across most key advancement programs.

What Is Sponsorship?

Too often, sponsorship is confused with mentoring, but the two programs are different.

Mentors provide advice and counsel; such relationships can be web-like, formed among peers, bosses and underlings. By contrast, sponsors are senior executives with the clout and the desire to advance their protégés.

“A sponsor is someone who is pounding the table for you to get the raise, the promotion, or the chance to work on a high profile project,” says Susan Bulkeley Butler, author of Women Count: A Guide to Changing the World.

— “Friends in High Places,”

Working Mother February/March 2011

How many years has your company offered a sponsorship program?

Five Best Companies have offered a sponsorship program for at least 10 years!

 

Who reviews senior-level succession plans for gender equity?

 CEOs at all 10 Best Companies for review succession plans for gender equity.

2011 Working

Holding Managers Accountable

At 90% of Best Companies, manager compensation is tied to the number of women who advance.

2011 Summary

 

At 10 Best Companies, CEOs review succession plans for gender equity.

10 Best Companies use sponsorship as a way to lift more women into higher ranks.

10 Best Companies report a long-standing commitment to key advancement programs such as mentoring, career counseling and executive coaching.

10 Best Companies report higher female participation rates across these key advancement programs.

Research Methodology

The 2011 Working Mother Best Companies for Women’s Advancement is based on scores culled from a broad selection of questions from the 2010 Working Mother 100 Best Companies application. The areas considered for this initiative include:

Company Profile

Workforce Profile

Women’s Issues & Advancement

Flexible Work Arrangements

Company Culture

Completed applications for the 2010 Working Mother 100 Best Companies initiative were collected online from December 18, 2009 to March 12, 2010.

Winning companies were ranked on the data they provided in their application.

Statistics reflected in this report are based on the data from the 10 Working Mother Best Companies for Women’s Advancement.

Working Mother Research Institute

Survey Opens

Survey Closes

2011 NAFE & Flex-Time Lawyers Best Law Firms for Women

November 12, 2010

January 21

2011 Working Mother 100 Best Companies

December 10, 2010

March 13

Global Diversity Best Practices Assessment & Benchmarking Tool

February 18

April 15

Diversity Best Practices Assessment & Benchmarking Tool: Wave 4

May 13

July 15

2012 Working Mother Best Companies for Hourly Workers

July 2011

October 2011

2012 NAFE Top 50 Companies for Executive Women

August 2011

October 2011

2011 Working Mother Best Companies for Multicultural Women

August 2011

November 2011

Diversity Best Practices Assessment & Benchmarking Tool

August 2011

November 2011

Executive Summary 2011