EXECUTIVE SUMMARY - Work-Life Balance Tips & … 2016 Working Mother 100 Best Companies workingmother.com/best-companies | 2 For 31 years, the Working Mother 100 Best Companies has

EXECUTIVE SUMMARY

workingmother.com/best-companies | 2Source: 2016 Working Mother 100 Best Companies

For 31 years, the Working Mother 100 Best Companies has set the standard for work life practices in the United States.

The Working Mother Research Institute collects data on the workforce 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.

BACKGROUND


CONGRATULATIONS!

THE 2016 WORKING MOTHER 100 BEST COMPANIES

A.T. Kearney TOP 10

Abbott

AbbVie

Accenture TOP 10

ADP

The Advisory Board Company

Allianz Life Insurance Company of North America

Arnold & Porter

Astellas

Avon Products

Bain & Co.

Bank of America

Baptist Health South Florida

Barclays

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

Bristol-Myers Squibb

CA Technologies

Capital One

Cardinal Health

Children’s Healthcare of AtlantaCitiColgate-PalmoliveDeloitte TOP 10

Diageo North AmericaDigitasLBiDiscovery CommunicationsThe Dow Chemical CompanyDow Jones & Co.DuPontEli Lilly and CompanyErnst & Young LLP TOP 10

Finnegan, Henderson, Farabow, Garrett & DunnerFINRAFirst Horizon National Freddie MacGEGenentechGeneral MillsGoldman SachsGrant Thornton H. Lee Moffitt Cancer Center & Research InstituteHorizon Blue Cross Blue Shield of NJHP IBM TOP 10

Intel

Johnson & Johnson TOP 10

JPMorgan Chase & Co.

Katten Muchin Rosenman

KPMG

LEGO Systems

Leo Burnett

Lexmark International

L’Oreal USA

March of Dimes Foundation

MassMutual Financial Group

McKinsey & Co. TOP 10

Merck

MetLife

Monsanto

Moody’s

Morgan Stanley

Moss Adams

New York Life Insurance

Northwestern Memorial HealthCare

Novartis Pharmaceuticals Corp.

Novo Nordisk

Ogilvy & Mather

Oliver Wyman

Pillsbury Winthrop Shaw Pittman

The PNC Financial Services Group

PricewaterhouseCoopers TOP 10

Principal

Procter & Gamble

Prudential Financial TOP 10

Roche Diagnostics

RSM US

Ryan

S&P Global

SC Johnson

Scripps Health

Takeda Pharmaceuticals

Texas Instruments

TIAA

TriHealth

Turner

UBS

Unilever

University of Wisconsin Hospitals and Clinics

Verizon

Vertex

Viacom

WellStar Health System TOP 10

Yale University

Zoetis

Zurich North America

workingmother.com/best-companies | 4Source: 2016 and 2012 Working Mother 100 Best Companies; 2016 SHRM Employee Benefits Full Report

• All Best Companies offer fully paid maternity leave. The average number of weeks offered across the Best Companies continues to inch upwards, now registering at 9 weeks. The Top 10 Best Companies offer an average of 11 weeks of fully paid maternity leave.

• The past five years have seen a steady increase in the number of Best Companies offering paid adoption leave (97%) and paid paternity leave (96%) as well. By comparison, the 2016 Employee Benefits Survey by the Society for Human Resource Management finds the percentage of companies offering these benefits lower than in 2012 (only 20% for paid adoption leave and 21% for paid paternity leave).

• At the Best Companies, the percentage of employees using flextime (80%), telecommuting (59%) and compressed work schedules (22%) all saw healthy jumps this year over last.

• Female participation numbers in key advancement and retention programs all saw jumps year over year. More women participate in affinity/network groups (41%, up from 38%), management/leadership training (30%, up from 25%), career counseling (66%, up from 43%) and mentoring (28%, up from 24%) at the 2016 Best Companies than in last year’s group.

SUMMARY OF 2016 FINDINGS


OVERVIEW OF THE 100 BEST COMPANIES

The 2016 Working Mother 100 Best Companies

employ almost

2 million people in

16 industries at more than

30,000 worksites nationwide.

Of these employees, more than 900,000—46%—are women.

Chemical (including Petro)

Consumer Products (including Cosmetics, Food and Beverages)

Education

Financial Services

Hospitality

Hospitals/Healthcare

Insurance

Legal

Manufacturing

Media, Internet and Advertising

Nonprofit

Pharmaceutical

Professional Services, Management Consulting, Accounting

Retail and Apparel

Science, Technology, Engineering, Aerospace, Medical Devices

Telecommunications

workingmother.com/best-companies | 6Source: 2016 and 2012 Working Mother 100 Best Companies

Women represent 46% of all employees at the Best Companies.

Representation of women has increased two percentage points at the senior manager level (to 35%) since 2012 and four percentage points at the corporate executive level (to 27%).

FEMALE REPRESENTATION

WOMEN MEN

Total Employees2016

2012

54%

49%

46%

51%

Managers2016

2012 57%

57%43%

43%

Senior Managers2016

2012 67%33%

65%35%

Corporate Executives2016

2012

73%

77%

27%

23%

REPRESENTATION OF FEMALE AND MALE EMPLOYEES AT ALL JOB LEVELS


At the Best Companies, women make up about a third of the top 20% of earners (33%) and of corporate executives who report directly to the CEO (31%).

REPRESENTATION OF WOMEN IN LEADERSHIP

WOMEN MEN

Top 20% of Earners

Direct Reports to CEO

Board of Directors

67%33%

Executives with P&L Responsibilities 77%23%

74%26%

69%31%

PERCENTAGE OF LEADERSHIP POSITIONS HELD BY WOMEN


At the Best Companies, an average of 43% of all the promotions to manager, senior manager and corporate executive positions went to women, up from 41% last year.

Women received 34% of all promotions to corporate executive positions (up from 32% last year), and 45% of promotions to manager (up from 42% last year).

PROMOTION RATES FOR WOMEN

PERCENTAGE OF PROMOTIONS RECEIVED BY WOMEN

Promotion to Manager

Promotion to Senior Manager

Promotion to Corporate Executive

39% 34%45%


The rate of new hires who are women stayed comparable in 2016 to last year.

In 2016, women made up almost a quarter (23%) of corporate executives hired into the 2016 Best Companies, on average, compared to 22% in 2015.

FEMALE HIRES

PERCENTAGE OF NEW HIRES WHO ARE WOMEN

Female Manager

Hires

Female Senior Manager

Hires

Female Corporate Executive

Hires

39% 23%30%


All 2016 Best Companies offer management or leadership training, and almost all offer executive coaching, affinity groups and formal mentoring.

YEAR OVER YEAR: ADVANCEMENT PROGRAMS OFFERED

PERCENTAGE OF BEST COMPANIES OFFERING

Management or Leadership

Training

Formal Mentoring Program

Affinity/Network Groups

Career Counseling

Formal Executive

Succession Planning

Executive Coaching

Sponsorship Program

2012 2016 2012 2016 2012 20162012 2016 2012 20162012 2016 2012 2016

96%91%

100% 100%

52%

69%

99% 99%95% 93%

98% 98% 98%94%

workingmother.com/best-companies | 11Source: 2016, 2015, 2014, 2013, 2012 and 2011 Working Mother 100 Best Companies

After five years of increases, the share of Best Companies offering a sponsorship program has leveled out at 69% since 2015.

YEAR OVER YEAR: SPONSORSHIP

PERCENTAGE OF BEST COMPANIES THAT SUPPORT SPONSORSHIP PROGRAMS

2011 20142013 201620152012

46%

62%58%69%69%

52%

workingmother.com/best-companies | 12Source: 2016, 2015, 2014, 2013, 2012 and 2011 Working Mother 100 Best Companies

YEAR OVER YEAR: WOMEN’S USE OF ADVANCEMENT PROGRAMS

Female participation in key advancement and retention programs, such as mentoring and management training, all saw jumps, year over year. Two thirds of women employees at Best Companies (66%) participate in career counseling.

Female participation in affinity/network groups has steadily increased since 2011, up to 41% this year.

PERCENTAGE OF WOMEN PARTICIPATING IN ADVANCEMENT PROGRAMS

2011 20142013 201620152012

40%

66% Career Counseling

41%

25%


19%

28% Formal Mentoring Program

30%

24%

Management or Leadership Training

7% 6%

Sponsorship Program

4% 5%Formal Executive Succession Planning

1%0.7%Executive Coaching


At the Best Companies, women are more likely to participate in career counseling, affinity groups and mentoring than men are.

FEMALE VS. MALE PARTICIPATION IN ADVANCEMENT PROGRAMS

FEMALE VS. MALE PROGRAM USAGE RATES

Career Counseling


Sponsorship Program

Executive Coaching

63%66%

7%6%

Formal Mentoring Program

27%28%

Management or Leadership

Training

32%30%

18%

41%

1% 2%

PERCENTAGE OF WOMEN PARTICIPATING PERCENTAGE OF MEN PARTICIPATING

workingmother.com/best-companies | 14Source: 2016 Working Mother 100 Best Companies; 2016 SHRM Employee Benefits Full Report

Nationwide, access to flextime, telecommuting and job sharing hovers at levels similar to those of recent years, while access to compressed workweeks has declined.

By contrast, 100% of the Best Companies offer flextime and telecommuting.

BEST VS. REST: FLEXIBLE WORK ARRANGEMENTS

PERCENTAGE OF EMPLOYERS OFFERING ACCESS TO FLEXIBLE WORK ARRANGEMENTS

100 BEST COMPANIESNATIONWIDE

Flextime

’12’11’10’09’08 ’13 ’15’14 ’16

100%

’12’11’10’09’08 ’13 ’15’14 ’16

Telecommuting

100%

59%54%

57%60%

’12’11’10’09’08 ’13 ’15’14 ’16

Job Sharing

82%

18%

10%

’12’11’10’09’08 ’13 ’15’14 ’16

Compressed Workweeks

91%

37%

29%

workingmother.com/best-companies | 15Source: 2016, 2015, 2014, 2013, 2012, 2011, 2010 and 2009 Working Mother 100 Best Companies

The percentage of employees using flextime (80%), telecommuting (59%) and compressed work schedules (22%) all saw healthy jumps this year over last.

YEAR OVER YEAR: USAGE OF FLEXIBLE WORK ARRANGEMENTS

PERCENTAGE OF WORKFORCE USING FLEXIBLE WORK ARRANGEMENTS

Use of Flextime

78%

71% 72%75% 74%

80%77% 77%

’13’09 ’10 ’11 ’15 ’16’12 ’14 ’13’09 ’10 ’11 ’15 ’16’12 ’14 ’13’09 ’10 ’11 ’15 ’16’12 ’14

Use of Telecommuting

55%52% 53%

59%

46%50% 50% 50%

Use of Compressed Work Schedule

22%20% 19%23%

26% 25%31% 29%


Women at the Best Companies use flexible work arrangements at essentially the same rates as men. All Best Companies review requests for flexibility through an equitable process.

FEMALE VS. MALE USE OF FLEXIBLE WORK ARRANGEMENTS

USAGE OF FLEXIBLE WORK ARRANGEMENTS

Flextime

80% of Total Workforce

Telecommuting


Remote Work


of Women

of Menof

Womenof

Men

of Women

of Men

20% 20%58% 58%80% 78%


All Best Companies offer fully paid maternity leave to full-time employees.

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

BEST VS. REST: PAID PARENTAL LEAVE

PERCENTAGE OF EMPLOYERS OFFERING PARENTAL LEAVE


Paid Maternity Leave

2012 2016

16%

100%

26%

100%

Paid Adoption Leave

2012 2016

17%

81%

20%

97%

Paid Paternity Leave

2012 2016

16%

78%

21%

96%

workingmother.com/best-companies | 18Source: 2016, 2015, 2014, 2013 and 2012 Working Mother 100 Best Companies

On average, the Best Companies offer 9 weeks of fully-paid maternity leave, while the Top 10 Best Companies average 11 weeks.

The average number of weeks of partially-paid maternity leave at the Best Companies holds steady at 6 weeks. Currently 39% of Best Companies offer partially-paid maternity leave in addition to fully-paid leave.

YEAR OVER YEAR: WEEKS OF MATERNITY LEAVE

PAID MATERNITY LEAVE OFFERED

Average Weeks of Fully-paid Maternity Leave

2012

79

20162014

7

2013

8

2015

8

2014

6

2015

6

2016

6

2012

5

2013

5

Average Weeks of Partially-paid Maternity Leave


The number of Best Companies that offer paid adoption leave and paid paternity leave continues to rise.

YEAR OVER YEAR: ADOPTION AND PATERNITY LEAVE

PERCENTAGE OF BEST COMPANIES OFFERING

Paid Paternity Leave

2012

78%

2013

83%

2015

90%

2014

84%

2016

96%

Paid Adoption Leave

2012

81%

2013

87%

2015

93%

2014

90%

2016

97%


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

YEAR OVER YEAR: WEEKS OF PATERNITY AND ADOPTION LEAVE

PAID PARENTAL LEAVE OFFERED

Average Weeks of Fully Paid Paternity Leave

2012

3 3

20162014

3

2013

3

2015

3

2014

6

2015 20162012

5 5 5

2013

5

Average Weeks of Fully Paid Adoption Leave


Full-time exempt mothers at the Best Companies took an average of 10 weeks of fully-paid maternity leave, up from an average of 8 weeks in 2012.

The average number of weeks of fully-paid paternity leave taken at the Best Companies increased to 3 weeks after holding steady for four years at two weeks.

Full-time exempt adoptive parents continue to take an average of 5 weeks of leave.

USE OF PAID FAMILY LEAVE

USAGE OF PAID PARENTAL LEAVE

2014

2

2015

2

2016

3

2012

2

2013

2

Average Weeks of Fully-paid Paternity Leave Taken

by Full-time Exempt Fathers

2014

4

2015

5

2016

5

2012

5

2013

4

Average Weeks of Fully-paid Adoption Leave Taken by

Full-time Exempt Parents

Average Weeks of Fully-paid Maternity Leave Taken

by Full-time Exempt Mothers

2012

10

201620142013 2015

89

8 8


The number of Best Companies providing childcare resource and referrals has remained steady at 93% since 2012, while nationwide, it declined one percentage point.

Eighty-eight percent of Best Companies offer backup childcare, up from 86% in 2012. Nationwide, only 3% of companies offer this benefit—the same as in 2012.

BEST VS. REST: CHILDCARE

PERCENTAGE OF EMPLOYERS OFFERING PROGRAMS FOR PARENTS


Backup Childcare

2012 2016

3%

86%

3%

88%

Childcare Resource and Referrals

2012 2016

16%17%

93% 93%


Support for subsidized childcare centers is either steady or declining for Best Companies and nationwide since 2012.

BEST VS. REST: ACCESS TO CHILDCARE

PERCENTAGE OF EMPLOYERS OFFERING CHILDCARE CENTERS


Subsidized Childcare Center

2012

4%

2016

2%

Subsidies for Near-site Childcare

Centers

2012

22%

2016

17%

Subsidies for On-site Childcare

Centers

2012

30%

2016

30%


Since 2012, the Best Companies have beefed up support for caregiving by increasing the number of days allowed per employee for backup, sick-child and dependent care.

CAREGIVING SUPPORT

CARE OFFERINGS AT BEST COMPANIES

Backup ChildcareMaximum days of backup childcare allowed per employee

Average cost to employee per day for backup childcare

Sick-Child CareMaximum days of sick-child care allowed per employee

Average cost to employee per day for sick-child care

In-Home Backup Childcare

Maximum days of in-home backup childcare allowed per employee

Average cost to employee per day for in-home backup childcare

Backup Dependent Care

Maximum days of backup dependent care allowed per employee

Average cost to employee per day for backup dependent care

In-Home Backup Dependent Care

Maximum days of in-home backup dependent care allowed per employee

Average cost to employee per day for in-home backup dependent care

2012 BEST COMPANIES

24 days

$30

35 days

$41

14 days

$41

15 days

$32

14 days

$35

2016 BEST COMPANIES

33 days

$29

37 days

$42

21 days

$39

21 days

$34

21 days

$39


Nationwide, the percentage of companies offering resource and referral services for eldercare and backup eldercare increased slightly from 2012

At the Best Companies, 63% of companies offer backup eldercare, up from 61% in 2012.

ACCESS TO ELDERCARE SERVICES

PERCENTAGE OF EMPLOYERS OFFERING ELDERCARE SERVICES


10%

100%

12%

100%

40%

Resource and Referrals

2012 2016

Eldercare In-home Assessment

2012 2016

Backup Eldercare

2012 2016

61% 63%

2%1%

38%

1%2%

workingmother.com/best-companies | 26

Nationwide, there was an increase in support for on-site lactation rooms (39%, up from 30% in 2012) while all Best Companies continue to support on-site lactation rooms.

There was a decrease in Best Companies providing lactation support services (down to 85% from 92% in 2012), while nationwide the program saw a slight increase in support.

BEST VS. REST: LACTATION SUPPORT

PERCENTAGE OF EMPLOYERS OFFERING LACTATION SUPPORT


Lactation Support Services

2012 2016

6%

92%

8%

85%

On-site Lactation Room

2012 2016

39%30%

100% 100%

Source: 2016 and 2012 Working Mother 100 Best Companies; 2016 SHRM Employee Benefits Full Report


Nationwide, the percentage of employers offering foster care assistance and on-site vaccinations increased one percentage point from 2012. At the Best Companies, 70% offer foster care assistance (up from 66% in 2012), while 68% provide on-site vaccinations (down from 75% in 2012).

Ninety-three of the Best Companies continue to provide adoption assistance, while the number nationwide also remains unchanged, at 9%.

BEST VS. REST: PROGRAMS FOR PARENTS

PERCENTAGE OF EMPLOYERS OFFERING PROGRAMS


9%

Adoption Assistance

2012 2016

9%

93% 93%

2%

On-site Vaccinations

2012 2016

75%

3%

68%

3%2%

Foster Care Assistance

2012 2016

66% 70%

Source: 2016 and 2012 Working Mother 100 Best Companies; 2016 SHRM Employee Benefits Full Report


At the Best Companies, access to health and lifestyle coaching has increased 7 percentage points to 97% since 2012, while nationwide, it decreased to 37% in 2016 from 45% in 2012.

Best Companies offering on-site fitness centers and nutrition counseling increased in 2016 compared to 2012. Nationwide, companies offering on-site fitness centers increased to 26% this year, while companies offering nutrition counseling remained at 20%.

BEST VS. REST: HEALTH & WELLNESS PROGRAMS

PERCENTAGE OF EMPLOYERS OFFERING HEALTH & WELLNESS PROGRAMS


Health and Lifestyle Coaching

2012 2016

90%

45%

97%

37%

81%

22%

83%

26%

93%

20%

96%

20%

Nutrition Counseling

2012 2016

On-site Fitness Centers

2012 2016


Eighty-seven percent of Best Companies conduct employee opinion surveys on women’s issues. Sixty-nine Best Companies use the results to improve their programs and/or policies.

EMPLOYEE SURVEYS ON WOMEN’S ISSUES

HOW DID YOUR COMPANY USE FINDINGS FROM ITS LAST EMPLOYEE OPINION SURVEY ON WOMEN’S ISSUES?

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

Communicated the results to employees

Evaluated effectiveness of programs for women

Improved programs and/or policies

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

Evaluated usage rates of programs for women

Conducted a needs assessment

20162015

20162015

20162015

20162015

20162015

20162015

20162015

83%84%

72%74%

49%51%

80%75%

53%56%

75%69%

68%69%


Although the percentage of Best Companies training managers to hire and advance women has generally been on an upswing since 2012, support for many manager accountability factors has fallen since last year.

YEAR OVER YEAR: MANAGER TRAINING & ACCOUNTABILITY

Train managers on how to hire, advance or manage women

58%60%

65%72%

71%

201420152016

20132012

Train managers on supporting employees’ flexible work

arrangements91%

89%87%

91%88%

201420152016

20132012

Train managers on overseeing work life concerns of their employees

93%89%89%

87%87%

201420152016

20132012

Formal compensation rewards managers who help women advance

39%43%

45%46%

40%

201420152016

20132012

PERCENTAGE OF BEST COMPANIES UTILIZING MANAGER TRAINING AND ACCOUNTABILITY METHODS


Each organization completed a detailed application covering programs and activities that benefit working mothers. The 2016 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 2016 Working Mother 100 Best Companies initiative were collected online from December 14, 2015, to March 11, 2016.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 2016 issue of Working Mother magazine and online at www.workingmother.com/best-companies.

RESEARCH METHODOLOGY


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 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!


For more than 30 years, the Working Mother 100 Best Companies has 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 18, 2016, 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.

CELEBRATE NATIONAL FLEX DAY


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 Kristen Willoughby at [email protected] 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


Jennifer Owens, Director [email protected]

Krista Carothers, Senior Research Editor [email protected]

Kristen Willoughby, Senior Manager, Editorial & Research Initiatives [email protected]

Michele Siegel, Director of Research Initiatives [email protected]

Aviva Rosner, Custom Insights Analyst [email protected]

Learn more at workingmother.com/wmri

CONTACT INFORMATION

Documents

EXECUTIVE SUMMARY - Work-Life Balance Tips & … 2016 Working Mother 100 Best Companies workingmother.com/best-companies | 2 For 31 years, the Working Mother 100 Best Companies has