|
|
|
|
2006 Best Companies for Women of Color. These 12 trailblazing companies have cutting-edge policies and
practices that support African-American, Asian-American, Latina and
Native-American women in the workplace. They reflect the good news that
women of color are making gains in number and in status throughout
corporate America. In the four years since we introduced this
initiative, multicultural women have secured more jobs and more
leadership positions at our winning companies. And our findings echo
national trends: Over the past decade, employment for women of color
has been climbing steadily; they're also landing more jobs as managers,
according to the U.S. Equal Employment Opportunity Commission.
We
know that it can take years to see diversity initiatives translate into
a workforce profile that includes high numbers of women of color in top
positions. Multicultural women continue to lag behind their white
counterparts in terms of salary and advancement. They also continue to
be underrepresented in management positions, in executive suites and on
company boards. There's still much work to be done. That's why we
weighted programs that help women of color and policies that hold
managers accountable for advancing them—what we call "company
culture"—more heavily than other categories in our application this
year. We want to recognize the companies with programs that promote the
interests of women of color because we know the numbers will follow. We
salute our winning companies for their passion and persistence: They
know it's a marathon, not a sprint.
Read more about the 2006 Best Companies for Women of Color
|
|
|
|
|
| |
|
Allstate Insurance Co.
|
|

|
|
Women of color
are in good hands with Allstate—especially when it comes to career
advancement. All multicultural women received career counseling last
year. They also accounted for about a third of the women who
participated in Allstate's mentoring program. Plus, employees can tap
into specialized mentoring groups, such as the Black Data Processing
Associates, a ...
|
| Read More >> |
|
| |
|
American Electric Power
|
|

|
|
Monthly diversity education and recognition
programs are offered to employees, who are also encouraged to give back
to the community. The company sponsors an annual clothing drive to help
low-income women of color reenter the workforce.
...
|
| Read More >> |
|
| |
|
American Express
|
|

|
|
The company believes
in holding leaders accountable for achieving results. An annual survey
measures employee satisfaction in 14 areas, including diversity. A
significant 60% of a manager's pay is based on the results of the
survey.
...
|
| Read More >> |
|
| |
|
Deloitte & Touche USA LLP
|
|

|
|
The company turned to its women of color
last year with a series of focus groups to hear what was on their
minds. These women spoke; management listened. In response, Deloitte
piloted several specialized programs, such as Leadership Education for
Asian Pacifics and the Executive Leadership Council for African
Americans, to assist with ...
|
| Read More >> |
|
| |
|
General Mills
|
|

|
|
Employee network members work with recruiters to host
Revisit Weekends, which bring multicultural MBA students into town to
tour the Twin Cities and participate in activities with upper
management. These weekends have resulted in about 90% of candidates
accepting their job offers.
...
|
| Read More >> |
|
| |
|
Hewlett-Packard Co.
|
|

|
|
Women of color identified as having leadership
potential may participate in weeklong executive development programs
such as the UCLA Women's Leadership Institute, the UCLA
African-American Leadership Institute and Leadership Education for
Asian Pacifics (LEAP). The company provides time off and pays all
program tuition fees ($7,000 to $8,400 per person), as well as ...
|
| Read More >> |
|
| |
|
IBM Corp.
|
|

|
|
Women can
phone in and listen as key multicultural executives share their career
and work/life balance advice. Last year, these teleconferences were
such a hit that more than 1,000 women-of-color employees joined in on
the conversations—an increase of 40% over the prior year.
...
|
| Read More >> |
|
| |
|
JP Morgan Chase
|
|

|
|
Thanks to the one-on-one coaching and the
laid-back structure of a networking group in Delaware, women of color
who've never talked openly about their careers before are now
"shining." Developing a positive view of company politics was one topic.
...
|
| Read More >> |
|
| |
|
MetLife Inc.
|
|

|
|
Managers are
trained and encouraged to attract, retain and develop high-performing
women-of-color associates. Each manager must develop a formal plan to
create a more inclusive team—and they're tracked on how they manage
diversity issues.
...
|
| Read More >> |
|
| |
|
PricewaterhouseCoopers LLP
|
|

|
|
The company has
formed strategic partnerships with several groups to recruit, retain
and advance more women of color, including the Association of Latino
Professionals in Finance and Accounting, the National Asian American
Society of Accountants and the National Association of Black
Accountants. There are 49 women of color in the top 20% of all
employees ...
|
| Read More >> |
|
|
|
|
|
|
|
|
|
|