Monday, July 2, 2007
Abbott
This work/life leader really gets the message out about flex: About 65% of employees use some form of alternative work arrangement, and most have been supplied with the computers, software and remote access they need to work from home. The firm encourages job-sharing or part-time options when staffers ...
Read More >>
Accenture
About 60% of its staffers flex their hours or telecommute, and they only need to work an hour a week to earn health-care benefits. In response to recent staff surveys, the firm reduced overtime work, shortened business trips and added more opportunities for employees to adjust their daily schedules. ...
Read More >>
Aflac Inc.
Renowned for its popular talking-duck commercials, this insurance leader is a favorite among working parents. Staffers are given lots of flexibility to adjust and compress their hours and to work off-site. In fact, employees in the customer call center regularly submit their "dream schedules" for approval. ...
Read More >>
Allstate Insurance Co.
Employees are in good hands with this top financial services firm, where innovative work/life policies help them maintain balance in their lives. More than half of staffers flex their hours, a quarter telecommute, and a tenth compress their schedules. Job-shares and part-time work are also popular. ...
Read More >>
American Express Co.
This family-friendly company allows employees to take advantage of flextime, compressed weeks, telecommuting and job-sharing. To ensure fairness, it provides managers with detailed selection criteria, user guides and a sample case study of successful flexible work arrangements so they can assess whether a flexible schedule is the right fit ...
Read More >>
Arnold & Porter LLP
Role models for women abound, from the firm's female executive director to its part-time advisor, a partner and mom who counsels other employees who work part-time. Women also benefit from the firm's networking, mentoring and career development programs, which are open to all employees. ...
Read More >>
Astrazeneca
An on-site day-care center at headquarters provides full-time and backup care to infants, toddlers and kindergartners. A summer camp is open to their school-age siblings. Discounts are available at regional and national child-care chains, and all employees get ten days of in-home or center-based backup care, subsidized at 90% ...
Read More >>
Avon Products Inc.
Avon's long history of serving women has fostered a truly inclusive culture. Women make up 72% of the staff, and their career advancement is supported by a variety of mentoring, leadership training and executive succession programs. More than half (54%) of the firm's top-earning employees are women. ...
Read More >>
Bank of America
The company subsidizes 65% of the cost of care at its three on-site day-care centers at headquarters and in Jacksonville, FL. Employees in ten cities can take advantage of the Snowy Day backup-care program when nasty weather keeps their kids out of school, and staffers who earn less than ...
Read More >>
Baptist Health South Florida
Staffers rave about the summer leave policy, which allows them to take off for 12 (unpaid) weeks. All new parents are eligible for at least 12 job-guaranteed weeks off after they adopt or give birth; four of those weeks are partially paid for birthmothers. Workers may also take ...
Bayer Corp.
Its parent company may be 143 years old, but this firm's policies are remarkably progressive. Staffers can share jobs, work off-site or reduce their hours while still receiving health benefits, pending a manager's approval. Employees in the Consumer Care Division in Morristown, NJ, work summer hours — allowing them ...
Read More >>
Bon Secours Richmond Health System
Recognizing that at-home concerns can translate into obstacles at work, Bon Secours offers discounted tutoring services for kids with learning difficulties, while children with weight issues may sign up for nutrition classes, and self-defense classes help keep girls safe. ...
Read More >>
Booz Allen Hamilton
About a quarter of the employees at this busy consulting firm have children under the age of 12, and they depend on alternative work arrangements to maintain balance in their lives. Flex is endorsed at almost all levels, with nearly 80% of workers occasionally changing their hours and 54% ...
Read More >>
The Boston Consulting Group
The company takes care of employee families by paying 100% of their health and dental costs, with a low copay of just $5 per office visit. There's unlimited coverage for in-vitro fertilization treatments and full coverage for children's speech and physical therapy. ...
Read More >>
Bristol-Myers Squibb Co.
Four on-site day-care centers (located in New Jersey and Connecticut) look after kids 8 weeks to 6 years old and offer gardening activities, music lessons and field trips to toddlers and preschoolers. Older kids use the facilities during school holidays and sign up by the dozens for their summer ...
Read More >>
Bronson Healthcare Group Inc.
Alternative work arrangements form the backbone of this health-care system: 30% of all employees compress their schedules, while 16% flex their hours. A smaller number telecommute, work part-time or job-share. ...
Read More >>
Capital One Financial Corp.
Expectant parents got a big break in 2005, with more time off. New moms now have 16 weeks of job-guaranteed leave (up from 12), with eight weeks fully paid (up from six). New dads and adoptive and foster parents get 12 weeks off (two paid for fathers and ...
Read More >>
Carlson Companies
Carlson's employee assistance program is extremely comprehensive, offering help with everything from finding tutors for children facing learning challenges to locating aid for elderly parents and guiding teens through the college application process. ...
Read More >>
Children's Healthcare of Atlanta
Quarterly baby showers provide moms-to-be (and dads, too) with information on breastfeeding, returning to work and finding the best child care. ...
Read More >>
Children's Memorial Hospital
Working parents feel right at home at this child-friendly Midwestern hospital, where flexible schedules--including staggered shifts, telecommuting, compressed workweeks and part-time hours--are simply a part of "the way we work." An impressive 50% of employees use flextime on the job. ...
Read More >>
Citigroup Inc.
Working parents aren't lacking assistance: The firm boasts seven on-site child-care centers and recently broke ground on an eighth. In addition to full-time and backup care, most offer extended hours and summer camp programs, with deeply discounted rates for low-income families. This year, a new ...
Read More >>
CJW Medical Center
To help employees keep their skills current, the hospital reimburses school tuition and fees for certification classes. Full-time employees receive up to $5,000 per year, while part-time employees get $3,000. ...
Read More >>
Colgate-Palmolive Co.
This global manufacturer of toothpaste--among many other products--keeps employees smiling with its flexible scheduling policies. With the approval of their managers, staffers can come in late or leave early, telecommute, job-share, work a compressed week or arrange sabbaticals. A uniform application process for flex schedules ensures equity. ...
Read More >>
Cornell University
Students aren't the only ones learning at this Ivy League university: As of 2005, all supervisors are trained to manage their employees' alternative work arrangements. The school's casual atmosphere tends to promote flexibility: Many staffers adjust or reduce their hours on a regular basis, and it takes just ...
Read More >>
Covington & Burling LLP
A brand-new day-care center across the street from headquarters accommodates 96 children from infancy through age 4. Employees in New York City, San Francisco and Washington have access to subsidized in-home and center-based backup care, at prices ranging from $3 per hour to $25 per day per child. Teens ...
Read More >>
Credit Suisse Securities LLC
New moms receive 20 job-guaranteed weeks off as maternity leave, with 12 weeks fully paid. Fathers and adoptive parents also get 20 weeks off, with up to six of them paid. There's a $4,000 reimbursement for those who adopt. Staffers with the firm for five ...
Read More >>
DaimlerChrysler Corp.
The cornerstone of the company's benefits is its work/family account that allocates $5,000 to eligible salaried employees for child care, adoption costs, dependent education costs and elder care. The program allows employees to decide how to use their funds based on their individual needs. ...
Read More >>
Deloitte & Touche USA LLP
When an emergency crops up, parents can send their children to one of 69 backup-care centers across the country. If they need alternative arrangements, the company offers reimbursement for child care provided outside these centers. ...
Read More >>
Deutsche Bank
A women's network was formally relaunched in 2005 as Women on Wall Street. Its goal: to address the issues female employees care about most and help them advance in their careers. Networking opportunities, business lunches, conferences and workshops are sponsored by the network. Approximately 15% ...
Read More >>
Discovery Communications Inc.
Here's a global company that has discovered the value of allowing employees to flex their schedules. About 60% of staffers made use of the media company's liberal flextime policy last year, which allows them to set their own hours or telecommute with the approval of ...
Dow Corning Corp.
The company has spent hundreds of thousands of dollars building community-based day-care centers that employee parents may use. When a child or elderly relative is sick, staffers may hire in-home care subsidized by the company--or, if they prefer to stay home for a day or ...
Read More >>
Dupont Co.
The company proved its strong commitment to its employees last year when hurricanes Katrina and Rita severely damaged nine plants and left hundreds of employees homeless. DuPont donated more than $1 million to the relief effort, plus food and supplies, mobile homes and essential services ...
Read More >>
Eli Lilly & Co.
This leading drug company gives employees a wide berth to create their own schedules (with supervisor approval), asking only that they structure them around the core hours of 9:00 a.m. to 3:00 p.m. Flexible work arrangements are encouraged: Nearly half of all staffers telecommute, while ...
Read More >>
Ernst & Young LLP
The company's leave program gives employees ample time to adjust to a new child, retirement or a career hiatus. New moms with one year of service receive eight weeks of maternity leave beyond the 12 weeks offered by FMLA, six of which are fully paid; ...
Read More >>
Fannie Mae
Parents considering adoption can use the firm's resource and referral services to investigate their options. If they decide to adopt, they can take four paid weeks off to spend with their child and have $10,000 of their costs reimbursed. ...
Read More >>
First Horizon National Corp.
With 609 U.S. sites, this large financial firm relies on flexible schedules to meet its employees' work/life needs, such as four-day workweeks, job-shares and reduced "prime-time" schedules of 20 to 32 hours a week, with full benefits. In 2005, 46% of employees flexed their hours ...
Read More >>
First National Bank
Helping employees stay fit is a priority at First National. An on-site fitness center at headquarters doubled in size this past year, and class offerings increased to 20 a week (up from five). ...
Read More >>
Ford Motor Co.
In 2005, Ford launched a formal internal mentoring program, the Ford Senior Women's Initiative, to pair high-potential women with vice presidents who serve as their mentors, offering advice and advocating for their best interests. ...
Read More >>
Genentech
Convenience is key: A hair salon and dental services on-site keep working moms looking good. A full-time concierge helps busy employees knock some items off their to-do list--from waiting for the cable guy to planning a child's birthday. Other on-site services include laundry and dry cleaning, plus massages--to make ...
Read More >>
General Electric Co.
GE's thriving Women's Network connects senior-level women to leadership opportunities. The network has successfully brought women together and made them more visible to senior leadership. ...
Read More >>
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© Copyright 2007, Working Mother Media Inc. All Rights Reserved
New York, NY (September 24) — Despite a business culture troubled by economic downturn, smart companies are carrying on their efforts to compete for the talent of the nation's 26 million working mothers, Working Mother magazine announced today.
With the release of the 17th annual list of the "100 Best Companies for Working Mothers," Working Mother laid out three basic trends among applicants: no rollback of work/life benefits during the recent recession, a post-9/11 increased emphasis on flexible scheduling, and augmented use of family leave by employees.
Editor-in-Chief Jill Kirschenbaum explained that "we're also seeing more and more working dads demanding work/life benefits, which turns out to be good news for working moms. The more it becomes the norm for both parents to stay involved with their kids, the less women's family obligations will negatively affect their advancement — or their paycheck."
Carol Evans, CEO of Working Mother Media, adds that "post-September 11, work/life initiatives have taken on even greater significance, with programs from employee assistance to telecommuting. Employees want to have flexibility to deal with family needs on a day-to-day basis, as well as in an emergency. Companies are winning the loyalty of employees who get the work done, wherever and whenever they do their jobs."
In compiling the "100 Best Companies for Working Mothers" list, the editors focused on how well companies provide their employees with particular benefits like flexible schedules and leave for new parents. Programs for women's advancement also assumed greater importance this year.
The complete list appears in the October issue of Working Mother (on newsstands today and at www.workingmother.com). A CNBC television special will spotlight some of the best of the "100 Best" at 8PM EST this evening. Working Mother magazine will honor the companies at a gala awards ceremony at the WorkLife Congress in New York October 1 & 2, www.worklifecongress.com).
Top 10
Working Mother gives special kudos to the ten companies that rank the highest (listed alphabetically):
Abbott Laboratories, IL (1st time on Top 10; 2 years on list)
American Express, NY (1st time on Top 10; 13 years on list)
Bank of America, NC (9th time on Top 10; 14 years on list)
Booz Allen Hamilton, VA (1st time on Top 10; 4 years on list)
Bristol-Myers Squibb, NY (2nd time on Top 10; 5 years on list)
Colgate-Palmolive, NY (1st time on Top 10; 3 years on list)
Computer Associates, NY (1st time on Top 10; 3 years on list)
Fannie Mae, DC (4th time on Top 10; 9 years on list)
General Mills, MN (1st time on Top 10; 7 years on list)
IBM, NY (15th time on Top 10; 17 years on list)
Industry Leaders
Companies that shine as BEST IN INDUSTRY include Booz Allen Hamilton (Financial & Professional Services), Baptist Health South Florida (Health Care), IBM (Information Technology), General Mills (Manufacturing), Discovery Communications (Media & Advertising), Abbott Laboratories (Pharmaceuticals), and Carlson Companies (Travel & Hospitality).
Best in Class
Using company survey scores, this year Working Mother also highlights as BEST IN CLASS those companies excelling in specific categories: DuPont (Flexibility), CIGNA (Representation of Women), Bristol-Myers Squibb (Child Care), S.C. Johnson & Son (Advancement), Citigroup (Family-Friendly/Corporate Culture), and Arnold & Porter (Leave for New Parents).
Family Champion
Working Mother singles out Steve Sanger, CEO of manufacturing giant General Mills (Minneapolis, MN) as this year's FAMILY CHAMPION for thinking outside the (cereal) box with regard to family-friendly programs. Ever since CEO Steve Sanger's two year-old daughter locked herself in the hotel bathroom moments before a Wall Street analyst presentation six years ago, nobody has to explain to him how work and family obligations can collide. Flexible work arrangements make up one piece of the work/family puzzle assembled under Sanger that includes on-site child care and health care, time-saving employee perks, backup child-care, and programs to advance women through the ranks. Parent-friendly offerings reflect the complex needs of working mothers, such as emergency-care for kids on school holidays, on-site mammograms for time-crunched working moms, as well as a variety of yoga and exercise classes for stressed-out employees.
Small Business Champion
Working Mother also recognizes the efforts of America's small businesses, which employ more than half of the workforce but lack the resources of large organizations. "Every company strives to lure — and keep — the best people by finding the right mix of pay and perks, and this challenge looms large, particularly for small companies," says Kirschenbaum.
Saluted for his above-and-beyond commitment to employees, this year's SMALL BUSINESS CHAMPION, Noel Group CEO John Noel, began the Wisconsin-based travel insurance agency — and his quest for work/life balance — over a decade ago in his basement. Noel's fervent dedication to staff shows in work/life initiatives like on-site child care and flexibility. And when Noel adopted a "no-downsizing" policy post 9/11, employees returned the loyalty by volunteering for 24-hour shifts, providing back-up child care, and taking on new roles in short-staffed departments.
Companies To Watch
Acknowledging those companies improving work-life benefits but have yet to achieve "100 Best" status, Working Mother points to three COMPANIES TO WATCH: Pitt County Memorial Hospital (NC), Heller Ehrman White & McAuliffe (CA), and Forest Laboratories, Inc (NY).
About Working Mother
Working Mother magazine, founded in 1979, reaches more than 3 million readers and is the only national magazine for career-committed mothers. Its 17-year signature "100 Best Companies for Working Mothers" serves as a benchmark for work/life practices in corporate America. The magazine is part of Working Mother Media (WMM), which also owns the National Association for Female Executives (NAFE), Executive Female, and the annual 100 Best Companies Work/Life Conference. In 2002, WMM launched a new initiative, Best Companies for Women of Color.
2002 "100 Best Companies for Working Mothers"
* first year on the list
ABBOTT LABORATORIES IL
ABN AMRO NORTH AMERICA, INC. IL
ACACIA GROUP* MD
AFLAC INCORPORATED GA
AGILENT TECHNOLOGIES* CA
ALLSTATE INSURANCE COMPANY IL
AMERICA ONLINE* VA
AMERICAN AIRLINES TX
AMERICAN ELECTRIC POWER* OH
AMERICAN EXPRESS COMPANY NY
ARNOLD & PORTER DC
ARNOLD WORLDWIDE* MA
ASTRAZENECA* DE
AVENTIS PHARMACEUTICALS, INC.* NJ
AVNET, INC* AZ
BANK OF AMERICA, N.A. NC
BANK ONE CORPORATION IL
BAPTIST HEALTH SOUTH FLORIDA FL
BAYER CORPORATION PA
BAYFRONT HEALTH SYSTEM FL
BLUE CROSS BLUE SHIELD OF MASS. MA
BON SECOURS RICHMOND HEALTH SYSTEM VA
BOOZ ALLEN & HAMILTON VA
BP AMERICA INC* IL
BRISTOL-MYERS SQUIBB COMPANY NY
BROWN BROTHERS HARRIMAN* NY
BRYANLGH MEDICAL CENTER NE
CARLSON COMPANIES MN
CIGNA CORPORATION PA
CINERGY OH
CISCO SYSTEMS, INC. CA
CITIGROUP NY
COLGATE-PALMOLIVE COMPANY NY
COMPUTER ASSOCIATES INTERNATIONAL, INC. NY
CORNING INCORPORATED NY
CROSS COUNTRY TRAVCORPS FL
DAIMLERCHRYSLER CORPORATION MI
DELOITTE & TOUCHE CT
DEUTSCHE BANK NY
DISCOVERY COMMUNICATIONS, INC. MD
DUPONT DE
EASTMAN KODAK COMPANY NY
ELI LILLY AND COMPANY IN
ERNST & YOUNG LLP NY
FANNIE MAE DC
FIRST NATIONAL BANK * NE
FIRST TENNESSEE NATIONAL CORPORATION TN
FLEETBOSTON FINANCIAL MA
FLEISHMAN HILLARD* MO
FORD MOTOR COMPANY MI
FREDDIE MAC* VA
GANNETT CO., INC. VA
GENENTECH CA
GENERAL MILLS MN
GENERAL MOTORS MI
GLAXOSMITHKLINE NC
HOFFMANN-LA ROCHE NJ
HOUSEHOLD INTERNATIONAL IL
HP CA
IBM CORPORATION NY
INTEGRIS HEALTH, INC.* OK
INTEL CORPORATION* CA
JFK MEDICAL CENTER FL
JOHNSON & JOHNSON NJ
JPMORGAN CHASE NY
KPMG LLP NJ
KRAFT FOODS INC IL
LINCOLN FINANCIAL GROUP PA
LUCENT TECHNOLOGIES INC NJ
MARRIOTT INTERNATIONAL, INC. DC
MASTERCARD INTERNATIONAL * NY
MBNA AMERICA BANK, N.A. DE
MERCK & CO, INC. NJ
MERRILL LYNCH & CO., INC. NY
METLIFE NY
MORGAN STANLEY NY
MORRISON & FOERSTER LLP CA
NEW YORK LIFE INSURANCE COMPANY NY
NORTHERN TRUST CORPORATION IL
NORTHWESTERN MEMORIAL HEALTHCARE IL
NOVANT HEALTH, INC. NC
NOVARTIS PHARMACEUTICALS CORP. NJ
PATAGONIA, INC CA
PEARSON EDUCATION NJ
PFIZER INC. NY
THE PHOENIX COMPANIES, INC. CT
PRICEWATERHOUSECOOPERS LLP NY
PROCTER & GAMBLE OH
PRUDENTIAL FINANCIAL, INC. NJ
REPUBLIC BANCORP INC. MI
SAS INSTITUTE NC
S. C. JOHNSON & SON, INC. WI
SCHERING-PLOUGH CORPORATION NJ
SUN MICROSYSTEMS, INC. CA
TEXAS INSTRUMENTS TX
TIAA-CREF NY
USAA TX
VERIZON WIRELESS* NJ
WACHOVIA CORPORATION NC
WYETH NJ
This work/life leader really gets the message out about flex: About 65% of employees use some form of alternative work arrangement, and most have been supplied with the computers, software and remote access they need to work from home. The firm encourages job-sharing or part-time options when staffers ...
Read More >>
Accenture
About 60% of its staffers flex their hours or telecommute, and they only need to work an hour a week to earn health-care benefits. In response to recent staff surveys, the firm reduced overtime work, shortened business trips and added more opportunities for employees to adjust their daily schedules. ...
Read More >>
Aflac Inc.
Renowned for its popular talking-duck commercials, this insurance leader is a favorite among working parents. Staffers are given lots of flexibility to adjust and compress their hours and to work off-site. In fact, employees in the customer call center regularly submit their "dream schedules" for approval. ...
Read More >>
Allstate Insurance Co.
Employees are in good hands with this top financial services firm, where innovative work/life policies help them maintain balance in their lives. More than half of staffers flex their hours, a quarter telecommute, and a tenth compress their schedules. Job-shares and part-time work are also popular. ...
Read More >>
American Express Co.
This family-friendly company allows employees to take advantage of flextime, compressed weeks, telecommuting and job-sharing. To ensure fairness, it provides managers with detailed selection criteria, user guides and a sample case study of successful flexible work arrangements so they can assess whether a flexible schedule is the right fit ...
Read More >>
Arnold & Porter LLP
Role models for women abound, from the firm's female executive director to its part-time advisor, a partner and mom who counsels other employees who work part-time. Women also benefit from the firm's networking, mentoring and career development programs, which are open to all employees. ...
Read More >>
Astrazeneca
An on-site day-care center at headquarters provides full-time and backup care to infants, toddlers and kindergartners. A summer camp is open to their school-age siblings. Discounts are available at regional and national child-care chains, and all employees get ten days of in-home or center-based backup care, subsidized at 90% ...
Read More >>
Avon Products Inc.
Avon's long history of serving women has fostered a truly inclusive culture. Women make up 72% of the staff, and their career advancement is supported by a variety of mentoring, leadership training and executive succession programs. More than half (54%) of the firm's top-earning employees are women. ...
Read More >>
Bank of America
The company subsidizes 65% of the cost of care at its three on-site day-care centers at headquarters and in Jacksonville, FL. Employees in ten cities can take advantage of the Snowy Day backup-care program when nasty weather keeps their kids out of school, and staffers who earn less than ...
Read More >>
Baptist Health South Florida
Staffers rave about the summer leave policy, which allows them to take off for 12 (unpaid) weeks. All new parents are eligible for at least 12 job-guaranteed weeks off after they adopt or give birth; four of those weeks are partially paid for birthmothers. Workers may also take ...
Bayer Corp.
Its parent company may be 143 years old, but this firm's policies are remarkably progressive. Staffers can share jobs, work off-site or reduce their hours while still receiving health benefits, pending a manager's approval. Employees in the Consumer Care Division in Morristown, NJ, work summer hours — allowing them ...
Read More >>
Bon Secours Richmond Health System
Recognizing that at-home concerns can translate into obstacles at work, Bon Secours offers discounted tutoring services for kids with learning difficulties, while children with weight issues may sign up for nutrition classes, and self-defense classes help keep girls safe. ...
Read More >>
Booz Allen Hamilton
About a quarter of the employees at this busy consulting firm have children under the age of 12, and they depend on alternative work arrangements to maintain balance in their lives. Flex is endorsed at almost all levels, with nearly 80% of workers occasionally changing their hours and 54% ...
Read More >>
The Boston Consulting Group
The company takes care of employee families by paying 100% of their health and dental costs, with a low copay of just $5 per office visit. There's unlimited coverage for in-vitro fertilization treatments and full coverage for children's speech and physical therapy. ...
Read More >>
Bristol-Myers Squibb Co.
Four on-site day-care centers (located in New Jersey and Connecticut) look after kids 8 weeks to 6 years old and offer gardening activities, music lessons and field trips to toddlers and preschoolers. Older kids use the facilities during school holidays and sign up by the dozens for their summer ...
Read More >>
Bronson Healthcare Group Inc.
Alternative work arrangements form the backbone of this health-care system: 30% of all employees compress their schedules, while 16% flex their hours. A smaller number telecommute, work part-time or job-share. ...
Read More >>
Capital One Financial Corp.
Expectant parents got a big break in 2005, with more time off. New moms now have 16 weeks of job-guaranteed leave (up from 12), with eight weeks fully paid (up from six). New dads and adoptive and foster parents get 12 weeks off (two paid for fathers and ...
Read More >>
Carlson Companies
Carlson's employee assistance program is extremely comprehensive, offering help with everything from finding tutors for children facing learning challenges to locating aid for elderly parents and guiding teens through the college application process. ...
Read More >>
Children's Healthcare of Atlanta
Quarterly baby showers provide moms-to-be (and dads, too) with information on breastfeeding, returning to work and finding the best child care. ...
Read More >>
Children's Memorial Hospital
Working parents feel right at home at this child-friendly Midwestern hospital, where flexible schedules--including staggered shifts, telecommuting, compressed workweeks and part-time hours--are simply a part of "the way we work." An impressive 50% of employees use flextime on the job. ...
Read More >>
Citigroup Inc.
Working parents aren't lacking assistance: The firm boasts seven on-site child-care centers and recently broke ground on an eighth. In addition to full-time and backup care, most offer extended hours and summer camp programs, with deeply discounted rates for low-income families. This year, a new ...
Read More >>
CJW Medical Center
To help employees keep their skills current, the hospital reimburses school tuition and fees for certification classes. Full-time employees receive up to $5,000 per year, while part-time employees get $3,000. ...
Read More >>
Colgate-Palmolive Co.
This global manufacturer of toothpaste--among many other products--keeps employees smiling with its flexible scheduling policies. With the approval of their managers, staffers can come in late or leave early, telecommute, job-share, work a compressed week or arrange sabbaticals. A uniform application process for flex schedules ensures equity. ...
Read More >>
Cornell University
Students aren't the only ones learning at this Ivy League university: As of 2005, all supervisors are trained to manage their employees' alternative work arrangements. The school's casual atmosphere tends to promote flexibility: Many staffers adjust or reduce their hours on a regular basis, and it takes just ...
Read More >>
Covington & Burling LLP
A brand-new day-care center across the street from headquarters accommodates 96 children from infancy through age 4. Employees in New York City, San Francisco and Washington have access to subsidized in-home and center-based backup care, at prices ranging from $3 per hour to $25 per day per child. Teens ...
Read More >>
Credit Suisse Securities LLC
New moms receive 20 job-guaranteed weeks off as maternity leave, with 12 weeks fully paid. Fathers and adoptive parents also get 20 weeks off, with up to six of them paid. There's a $4,000 reimbursement for those who adopt. Staffers with the firm for five ...
Read More >>
DaimlerChrysler Corp.
The cornerstone of the company's benefits is its work/family account that allocates $5,000 to eligible salaried employees for child care, adoption costs, dependent education costs and elder care. The program allows employees to decide how to use their funds based on their individual needs. ...
Read More >>
Deloitte & Touche USA LLP
When an emergency crops up, parents can send their children to one of 69 backup-care centers across the country. If they need alternative arrangements, the company offers reimbursement for child care provided outside these centers. ...
Read More >>
Deutsche Bank
A women's network was formally relaunched in 2005 as Women on Wall Street. Its goal: to address the issues female employees care about most and help them advance in their careers. Networking opportunities, business lunches, conferences and workshops are sponsored by the network. Approximately 15% ...
Read More >>
Discovery Communications Inc.
Here's a global company that has discovered the value of allowing employees to flex their schedules. About 60% of staffers made use of the media company's liberal flextime policy last year, which allows them to set their own hours or telecommute with the approval of ...
Dow Corning Corp.
The company has spent hundreds of thousands of dollars building community-based day-care centers that employee parents may use. When a child or elderly relative is sick, staffers may hire in-home care subsidized by the company--or, if they prefer to stay home for a day or ...
Read More >>
Dupont Co.
The company proved its strong commitment to its employees last year when hurricanes Katrina and Rita severely damaged nine plants and left hundreds of employees homeless. DuPont donated more than $1 million to the relief effort, plus food and supplies, mobile homes and essential services ...
Read More >>
Eli Lilly & Co.
This leading drug company gives employees a wide berth to create their own schedules (with supervisor approval), asking only that they structure them around the core hours of 9:00 a.m. to 3:00 p.m. Flexible work arrangements are encouraged: Nearly half of all staffers telecommute, while ...
Read More >>
Ernst & Young LLP
The company's leave program gives employees ample time to adjust to a new child, retirement or a career hiatus. New moms with one year of service receive eight weeks of maternity leave beyond the 12 weeks offered by FMLA, six of which are fully paid; ...
Read More >>
Fannie Mae
Parents considering adoption can use the firm's resource and referral services to investigate their options. If they decide to adopt, they can take four paid weeks off to spend with their child and have $10,000 of their costs reimbursed. ...
Read More >>
First Horizon National Corp.
With 609 U.S. sites, this large financial firm relies on flexible schedules to meet its employees' work/life needs, such as four-day workweeks, job-shares and reduced "prime-time" schedules of 20 to 32 hours a week, with full benefits. In 2005, 46% of employees flexed their hours ...
Read More >>
First National Bank
Helping employees stay fit is a priority at First National. An on-site fitness center at headquarters doubled in size this past year, and class offerings increased to 20 a week (up from five). ...
Read More >>
Ford Motor Co.
In 2005, Ford launched a formal internal mentoring program, the Ford Senior Women's Initiative, to pair high-potential women with vice presidents who serve as their mentors, offering advice and advocating for their best interests. ...
Read More >>
Genentech
Convenience is key: A hair salon and dental services on-site keep working moms looking good. A full-time concierge helps busy employees knock some items off their to-do list--from waiting for the cable guy to planning a child's birthday. Other on-site services include laundry and dry cleaning, plus massages--to make ...
Read More >>
General Electric Co.
GE's thriving Women's Network connects senior-level women to leadership opportunities. The network has successfully brought women together and made them more visible to senior leadership. ...
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© Copyright 2007, Working Mother Media Inc. All Rights Reserved
New York, NY (September 24) — Despite a business culture troubled by economic downturn, smart companies are carrying on their efforts to compete for the talent of the nation's 26 million working mothers, Working Mother magazine announced today.
With the release of the 17th annual list of the "100 Best Companies for Working Mothers," Working Mother laid out three basic trends among applicants: no rollback of work/life benefits during the recent recession, a post-9/11 increased emphasis on flexible scheduling, and augmented use of family leave by employees.
Editor-in-Chief Jill Kirschenbaum explained that "we're also seeing more and more working dads demanding work/life benefits, which turns out to be good news for working moms. The more it becomes the norm for both parents to stay involved with their kids, the less women's family obligations will negatively affect their advancement — or their paycheck."
Carol Evans, CEO of Working Mother Media, adds that "post-September 11, work/life initiatives have taken on even greater significance, with programs from employee assistance to telecommuting. Employees want to have flexibility to deal with family needs on a day-to-day basis, as well as in an emergency. Companies are winning the loyalty of employees who get the work done, wherever and whenever they do their jobs."
In compiling the "100 Best Companies for Working Mothers" list, the editors focused on how well companies provide their employees with particular benefits like flexible schedules and leave for new parents. Programs for women's advancement also assumed greater importance this year.
The complete list appears in the October issue of Working Mother (on newsstands today and at www.workingmother.com). A CNBC television special will spotlight some of the best of the "100 Best" at 8PM EST this evening. Working Mother magazine will honor the companies at a gala awards ceremony at the WorkLife Congress in New York October 1 & 2, www.worklifecongress.com).
Top 10
Working Mother gives special kudos to the ten companies that rank the highest (listed alphabetically):
Abbott Laboratories, IL (1st time on Top 10; 2 years on list)
American Express, NY (1st time on Top 10; 13 years on list)
Bank of America, NC (9th time on Top 10; 14 years on list)
Booz Allen Hamilton, VA (1st time on Top 10; 4 years on list)
Bristol-Myers Squibb, NY (2nd time on Top 10; 5 years on list)
Colgate-Palmolive, NY (1st time on Top 10; 3 years on list)
Computer Associates, NY (1st time on Top 10; 3 years on list)
Fannie Mae, DC (4th time on Top 10; 9 years on list)
General Mills, MN (1st time on Top 10; 7 years on list)
IBM, NY (15th time on Top 10; 17 years on list)
Industry Leaders
Companies that shine as BEST IN INDUSTRY include Booz Allen Hamilton (Financial & Professional Services), Baptist Health South Florida (Health Care), IBM (Information Technology), General Mills (Manufacturing), Discovery Communications (Media & Advertising), Abbott Laboratories (Pharmaceuticals), and Carlson Companies (Travel & Hospitality).
Best in Class
Using company survey scores, this year Working Mother also highlights as BEST IN CLASS those companies excelling in specific categories: DuPont (Flexibility), CIGNA (Representation of Women), Bristol-Myers Squibb (Child Care), S.C. Johnson & Son (Advancement), Citigroup (Family-Friendly/Corporate Culture), and Arnold & Porter (Leave for New Parents).
Family Champion
Working Mother singles out Steve Sanger, CEO of manufacturing giant General Mills (Minneapolis, MN) as this year's FAMILY CHAMPION for thinking outside the (cereal) box with regard to family-friendly programs. Ever since CEO Steve Sanger's two year-old daughter locked herself in the hotel bathroom moments before a Wall Street analyst presentation six years ago, nobody has to explain to him how work and family obligations can collide. Flexible work arrangements make up one piece of the work/family puzzle assembled under Sanger that includes on-site child care and health care, time-saving employee perks, backup child-care, and programs to advance women through the ranks. Parent-friendly offerings reflect the complex needs of working mothers, such as emergency-care for kids on school holidays, on-site mammograms for time-crunched working moms, as well as a variety of yoga and exercise classes for stressed-out employees.
Small Business Champion
Working Mother also recognizes the efforts of America's small businesses, which employ more than half of the workforce but lack the resources of large organizations. "Every company strives to lure — and keep — the best people by finding the right mix of pay and perks, and this challenge looms large, particularly for small companies," says Kirschenbaum.
Saluted for his above-and-beyond commitment to employees, this year's SMALL BUSINESS CHAMPION, Noel Group CEO John Noel, began the Wisconsin-based travel insurance agency — and his quest for work/life balance — over a decade ago in his basement. Noel's fervent dedication to staff shows in work/life initiatives like on-site child care and flexibility. And when Noel adopted a "no-downsizing" policy post 9/11, employees returned the loyalty by volunteering for 24-hour shifts, providing back-up child care, and taking on new roles in short-staffed departments.
Companies To Watch
Acknowledging those companies improving work-life benefits but have yet to achieve "100 Best" status, Working Mother points to three COMPANIES TO WATCH: Pitt County Memorial Hospital (NC), Heller Ehrman White & McAuliffe (CA), and Forest Laboratories, Inc (NY).
About Working Mother
Working Mother magazine, founded in 1979, reaches more than 3 million readers and is the only national magazine for career-committed mothers. Its 17-year signature "100 Best Companies for Working Mothers" serves as a benchmark for work/life practices in corporate America. The magazine is part of Working Mother Media (WMM), which also owns the National Association for Female Executives (NAFE), Executive Female, and the annual 100 Best Companies Work/Life Conference. In 2002, WMM launched a new initiative, Best Companies for Women of Color.
2002 "100 Best Companies for Working Mothers"
* first year on the list
ABBOTT LABORATORIES IL
ABN AMRO NORTH AMERICA, INC. IL
ACACIA GROUP* MD
AFLAC INCORPORATED GA
AGILENT TECHNOLOGIES* CA
ALLSTATE INSURANCE COMPANY IL
AMERICA ONLINE* VA
AMERICAN AIRLINES TX
AMERICAN ELECTRIC POWER* OH
AMERICAN EXPRESS COMPANY NY
ARNOLD & PORTER DC
ARNOLD WORLDWIDE* MA
ASTRAZENECA* DE
AVENTIS PHARMACEUTICALS, INC.* NJ
AVNET, INC* AZ
BANK OF AMERICA, N.A. NC
BANK ONE CORPORATION IL
BAPTIST HEALTH SOUTH FLORIDA FL
BAYER CORPORATION PA
BAYFRONT HEALTH SYSTEM FL
BLUE CROSS BLUE SHIELD OF MASS. MA
BON SECOURS RICHMOND HEALTH SYSTEM VA
BOOZ ALLEN & HAMILTON VA
BP AMERICA INC* IL
BRISTOL-MYERS SQUIBB COMPANY NY
BROWN BROTHERS HARRIMAN* NY
BRYANLGH MEDICAL CENTER NE
CARLSON COMPANIES MN
CIGNA CORPORATION PA
CINERGY OH
CISCO SYSTEMS, INC. CA
CITIGROUP NY
COLGATE-PALMOLIVE COMPANY NY
COMPUTER ASSOCIATES INTERNATIONAL, INC. NY
CORNING INCORPORATED NY
CROSS COUNTRY TRAVCORPS FL
DAIMLERCHRYSLER CORPORATION MI
DELOITTE & TOUCHE CT
DEUTSCHE BANK NY
DISCOVERY COMMUNICATIONS, INC. MD
DUPONT DE
EASTMAN KODAK COMPANY NY
ELI LILLY AND COMPANY IN
ERNST & YOUNG LLP NY
FANNIE MAE DC
FIRST NATIONAL BANK * NE
FIRST TENNESSEE NATIONAL CORPORATION TN
FLEETBOSTON FINANCIAL MA
FLEISHMAN HILLARD* MO
FORD MOTOR COMPANY MI
FREDDIE MAC* VA
GANNETT CO., INC. VA
GENENTECH CA
GENERAL MILLS MN
GENERAL MOTORS MI
GLAXOSMITHKLINE NC
HOFFMANN-LA ROCHE NJ
HOUSEHOLD INTERNATIONAL IL
HP CA
IBM CORPORATION NY
INTEGRIS HEALTH, INC.* OK
INTEL CORPORATION* CA
JFK MEDICAL CENTER FL
JOHNSON & JOHNSON NJ
JPMORGAN CHASE NY
KPMG LLP NJ
KRAFT FOODS INC IL
LINCOLN FINANCIAL GROUP PA
LUCENT TECHNOLOGIES INC NJ
MARRIOTT INTERNATIONAL, INC. DC
MASTERCARD INTERNATIONAL * NY
MBNA AMERICA BANK, N.A. DE
MERCK & CO, INC. NJ
MERRILL LYNCH & CO., INC. NY
METLIFE NY
MORGAN STANLEY NY
MORRISON & FOERSTER LLP CA
NEW YORK LIFE INSURANCE COMPANY NY
NORTHERN TRUST CORPORATION IL
NORTHWESTERN MEMORIAL HEALTHCARE IL
NOVANT HEALTH, INC. NC
NOVARTIS PHARMACEUTICALS CORP. NJ
PATAGONIA, INC CA
PEARSON EDUCATION NJ
PFIZER INC. NY
THE PHOENIX COMPANIES, INC. CT
PRICEWATERHOUSECOOPERS LLP NY
PROCTER & GAMBLE OH
PRUDENTIAL FINANCIAL, INC. NJ
REPUBLIC BANCORP INC. MI
SAS INSTITUTE NC
S. C. JOHNSON & SON, INC. WI
SCHERING-PLOUGH CORPORATION NJ
SUN MICROSYSTEMS, INC. CA
TEXAS INSTRUMENTS TX
TIAA-CREF NY
USAA TX
VERIZON WIRELESS* NJ
WACHOVIA CORPORATION NC
WYETH NJ
Saturday, June 30, 2007
INSURANCE NEWSCAST
5th Annual Report of the “INSURANCE INDUSTRY 100 MOST POWERFUL (NORTH AMERICA)” LIST
01/09/06 -- "InsuranceBroadcasting.com is pleased to announce our 5th annual list of the 100 most powerful people in the insurance industry (North America)" commented Walter B. Podgurski, CEO.
"We understand the subjectivity of this type of ranking, but stand by our five year premise. The people below are the 100 we think who have the most resources available to them and who would have the most ability (as a group) to successfully accomplish any goal or directive of the insurance industry. What better list of 100 people exists that could exert more collective influence over the insurance industry?"
We have a simple methodology of measuring power. This is not a list of the largest 100 insurance company CEO's, or designed to recognize past achievement, longevity, or decide who is the most effective businessperson, or determine who has been the most innovative, or who is on the fast-track to the top. It is an attempt to express who controls the most insurance industry resources (people, capital, intellectual knowledge, technology, etc.) or has the most influence on those resources.
Here is the methodology we chose to support our choices.
The person with the most power is the person at the top of the organization.
Power is diverse.
Power controls or influences resources.
Our list is weighted by current control of power.
Each year we receive a certain amount of criticism and critique. In an industry as large and segmented as the insurance industry, 100 people is an incredibly small number of people to single out and recognize, ensuring at least some degree of debate.
We publish this list to provoke thinking and discussion, and to provide a better perspective on our industry. It is a serious list, but it shouldn't be taken that seriously. We do take pride in our annual list and are honored to name these people to our list of the 100 most powerful.
As we mention each year, it is important to note that no one asked to be on the list, and many might even be a bit uncomfortable to be on a "power" list. The term "power" in today's society can make people uncomfortable, with words like leadership or stewardship preferred. My personal belief is that the people on this list would be the first to give credit to others. Most likely they have worked hard and have great integrity and management skills, and the reason they have power is that they have been given that power by others because they are "trusted." I believe they believe that their power is a reflection of the confidence and faith others have in them, and their power is viewed by them as a guardianship, duty and charge to serve others.
We received many nominations of people with great credentials that we were just unable to fit onto a list of only 100. The difficulty is easily understood by asking yourself who you would remove from the list below to add your favorite. We also have categorized the names to look at who was selected from a specific niche of the insurance industry. The names are listed alphabetically within each category. No effort was made to rank the list as #1, #3, etc.
Let us know what you think (wpodgurski@aol.com) - we will report back all the comments, good or bad, in a future edition of INSURANCE NEWSCAST.
Sincerely
Walt PodgurskiChairman & CEOwww.InsuranceBroadcasting.com
INSURANCE NEWSCAST
SPECIAL REPORT - "INSURANCE NEWSCAST 100 INSURANCE INDUSTRY MOST POWERFUL - NORTH AMERICA” LIST FOR 2005 - 2006
SUPER-ICON STATUS
RATINGS AGENCIES
P&C COMPANIES
LIFE COMPANIES
HEALTH INSURANCE / HEALTHCARE
RE-INSURANCE
AGENT ORGANIZATIONS & DISTRIBUTION
INSURANCE REGULATION / LEGISLATION
INSURANCE BROKERAGE
INSURANCE EDUCATION & RESEARCH
INSURANCE LAW
CONSULTING
INDUSTRY ORGANIZATIONS
INSURANCE ANALYSTS
INSURANCE, CANADA
INSURANCE TECHNOLOGY
INSURANCE INDUSTRY VENDORS
BANK INSURANCE MARKETING
WORKSITE MARKETING NICHE
LEGAL PLAN NICHE
ONLINE DISTRIBUTION
INSURANCE MEDIA
STRUCTURED SETTLEMENTS
DIRECT MARKETING
RISK MODELING
INSURANCE NEWSCAST - STORIES
INSURANCE NEWSCAST'S 2005 - 2006 LIST OF THE 100 MOST POWERFUL PEOPLE IN THE INSURANCE INDUSTRY - NORTH AMERICA
SUPER-ICON STATUS
Warren E. Buffett, CEO, Berkshire Hathaway Inc. - 4th Appearance
Maurice R. Greenberg, C.V. Starr & Company, Inc. (C.V. Starr) - 5th Appearance
Back To Top
RATINGS AGENCIES
Keith M. Buckley, Managing Director, Fitch's North American Insurance Rating Group - - 5th Appearance
Ted Collins, Managing Director, Moody's Investors Service - - 5th Appearance
Steven J. Dreyer, Managing Director, North American Practice Leader for Standard & Poor's Financial Services. - 5th Appearance
Robert L. Riegel, Managing Director, Life & Health Insurance Team, Financial Institutions Group, Moody's Investors Service - - 5th Appearance
Arthur Snyder, President & Chairman, A.M. Best - 5th Appearance
Martin D. Weiss, Ph.D., Chairman Weiss Ratings, Inc.- - 5th Appearance
Back To Top
P&C COMPANIES
Axel Lehmann, CEO, Zurich North America - 1st Appearance
Ramani Ayer, Chairman & Chief Executive Officer, The Hartford Financial Services Group, Inc. - 5th Appearance
Jay S. Fishman, Chairman, President & Chief Executive Officer, The St. Paul Companies - 5th Appearance
Edmund F. Kelly, Chairman, President & Chief Executive Officer, Liberty Mutual Insurance - 5th Appearance
Ed Liddy, Chairman and Chief Executive Officer, The Allstate Corporation - 5th Appearance
Stephen W. Lilienthal, Chairman and Chief Executive Officer, CNA Insurance - 3rd Appearance
Glen Renwick,, President & CEO, Progressive - 5th Appearance
Edward B. Rust Jr., Chairman and CEO, State Farm Insurance Companies - 5th Appearance
Martin J. Sullivan, President And Chief Executive, AIG - 1st Appearance
Mark R. Thresher, President and Chief Operating Officer, Nationwide Financial - 3rd Appearance
Back To Top
LIFE COMPANIES
Herbert M. Allison, Jr., Chairman, President, and Chief Executive Officer, TIAA-CREF - 3rd Appearance
Robert H. Benmosche, Chairman and Chief Executive Officer MetLife - 5th Appearance
Donald J. Shepard, Chairman of the Executive Board of AEGON N.V., Chairman of AEGON USA - 4th Appearance
Sy Sternberg, Chairman Of The Board, President, & Chief Executive Officer, New York Life Insurance Company - 5th Appearance
Arthur Ryan, Chairman & Chief Executive Officer, Prudential Financial, Inc. - 5th Appearance
Ed Zore, President & CEO, Northwestern Mutual Insurance - 5th Appearance
Back To Top
HEALTH INSURANCE / HEALTHCARE
Larry C. Glasscock, Chairman, President and Chief Executive Officer, Anthem, Inc. - 3rd Appearance
H. Edward Hanway, Chairman & Chief Executive Officer, CIGNA Corporation - 5th Appearance
Karen Ignagni, President & CEO, AAHP-HIAA - 5th Appearance
Evelyn F. Ireland, CAE, Executive Director, National Association Of Dental Plans - 1st Appearance
David A. Jones, Chairman of the Board & Co-Founder, Humana Inc. - 5th Appearance
William W. McGuire, M.D., Chairman & Chief Executive Officer, UnitedHealth Group - 5th Appearance
John W. Rowe, M.D., Chairman, President and Chief Executive Officer, Aetna Inc.- 5th Appearance
Scott P. Serota, President & Chief Executive Officer, Blue Cross and Blue Shield Association - 5th Appearance
Thomas R. Watjen, President and Chief Executive Officer, UnumProvident Corporation - 3rd Appearance
Back To Top
RE-INSURANCE
Jacques Aigrain, Chief Executive Officer, Swiss Re - 1st Appearance
Dr. jur. Nikolaus von Bomhard, Chairman, Munich Re Group - 3rd Appearance
Franklin W. Nutter, President, Reinsurance Association of America (RAA) - 5th Appearance
Brian O'Hara, President & Chief Executive Officer, XL CAPITAL - 2nd Appearance
Ron Pressman, Chairman, President & CEO, GE Insurance Solutions - 4th Appearance
Back To Top
AGENT ORGANIZATIONS & DISTRIBUTION
Jessica M. Bibliowicz, President and Chief Executive Officer, National Financial Partners - 1st Appearance
Leonard Brevik, Executive Vice President & CEO, National Association Of Professional Insurance Agents (PIA) - 2nd Appearance
Ken A. Crerar, President, The Council of Insurance Agents & Brokers Officers (CIAB) - 2nd Appearance
Bernd G. Heinze, Esquire, Executive Director, American Association of Managing General Agents (AAMGA) - 5th Appearance
Fred H. Jonske, President and Chief Executive Officer, M Financial Group - 5th Appearance
Kevin Merz, 2005 Chairman, National Association of Independent Life Brokerage Agencies, (NAILBA) - 2nd Appearance
Stephen O. Rothschild, CLU, ChFC, President, Million Dollar Round Table (MDRT), - 1st Appearance
Robert A. Rusbuldt, Chief Executive Officer, Independent Insurance Agents & Brokers of America, Inc. (IIABA). - 5th Appearance
Janet Trautwein, Executive Vice President and CEO, National Association of Health Underwriters (NAHU) - 1st Appearance
David F. Woods, CLU, ChFC, Chief Executive Officer , The National Association of Insurance and Financial Advisors (NAIFA) - 4th Appearance
Back To Top
INSURANCE REGULATION / LEGISLATION
Alessandro Iuppa, NAIC President, Maine Insurance Superintendent - 1st Appearance
Susan Nolan, Executive Director, The National Conference of Insurance Legislators (NCOIL) - 2nd appearance
Catherine (Cathy) J. Weatherford, Executive Vice President and CEO, The National Association of Insurance Commissioners (NAIC) - 3rd Appearance
Back To Top
INSURANCE BROKERAGE
J. Hyatt Brown, CPCU, CLU, Chairman, President, & Chief Executive Officer, Brown & Brown - 4th Appearance
Michael Cherkasky, Chief Executive Officer, Marsh Inc. - 2nd Appearance
Martin P. Hughes, Chairman and Chief Executive Officer, HUB International Limited - 4th Appearance
Paul Karon, President and COO, Benfield Inc. (US Division) - 1st Appearance
Joe Plumeri, Chairman & Chief Executive Officer, Willis Group Holdings Limited - 5th Appearance
Patrick G. Ryan, Chairman & Chief Executive Officer, Aon Corporation - 5th Appearance
Dave Zuercher, Chairman & Head of International and Insurance Services, Acordia Inc. - 1st Appearance
Back To Top
INSURANCE EDUCATION & RESEARCH
Laurence Barton, Ph.D., President & CEO, The American College - 3rd Appearance
Joseph M. Belth, Ph.D., professor emeritus of insurance at the Kelley School of Business at Indiana University (Bloomington),
Thomas P. Donaldson, FLMI, CLU President & Chief Executive Officer LOMA - 5th Appearance
Gordon Stewart - President - Insurance Information Institute - 1st Appearance
William T. Hold, Ph.D., CIC, CPCU, CLU, President, The National Alliance For Insurance Education And Research - 3rd Appearance
Robert A. Kerzner, President & Chief Executive Officer LIMRA International - 2nd Appearance
James R. Marks, CAE, CPCU, AIM, Executive Vice President, CPCU Society - 5th Appearance
Back To Top
INSURANCE LAW
Brian Casey, Partner, Lord, Bissell & Brook - 4th Appearance
Thomas A. Player, Partner, Morris, Manning & Martin, LLP - 4th Appearance
Back To Top
CONSULTING
Patricia Guinn, Managing Director of Tillinghast - Towers Perrin and Towers Perrin Reinsurance - 5th Appearance
John Haley, President and Chief Executive Officer, Watson Wyatt Worldwide, Inc. - 1st Appearance
Back To Top
INDUSTRY ORGANIZATIONS
Brian K. Atchinson, Executive Director, IMSA - - 5th Appearance
Robert M. Beuerlein, President, Society of Actuaries - 1st Appearance
Charles M. Chamness, President, National Association of Mutual Insurance Companies (NAMIC) - 3rd Appearance
Ernst N. Csiszar, President & CEO, President & CEO, Property Casualty Insurers Association of America - 2nd Appearance
Gary Hicks, Executive Director, Aviation Insurance Association - 2nd Appearance
Dennis Jay, Executive Director, Coalition Against Insurance Fraud - 1st Appearance
Frank Keating, President and CEO, American Council of Life Insurers (ACLI) - 4th Appearance
Joseph P. Pomilia, Executive Director, Insurance Accounting & Systems Association, Inc. (IASA) - 3rd Appearance
Jack Ramirez, President, CEO National Association of Independent Insurers (NAII) - 5th Appearance
Governor Marc Racicot, President, American Insurance Association (AIA) - 1st Appearance
David F. Woods, CLU, ChFC, President, The Life and Health Insurance Foundation for Education (LIFE) - 1st Appearance
Back To Top
INSURANCE ANALYSTS
Vincent J. Dowling, Insurance Stock Analyst, Dowling & Partners Securities - 5th Appearance
Back To Top
INSURANCE, CANADA
Stanley I. Griffin, President and C.E.O. of the Insurance Bureau of Canada (IBC) - 5th Appearance
Dominic D'Alessandro, President and Chief Executive Officer, Manulife - 5th Appearance
Raymond L. McFeetors, President & Chief Executive Officer, Great-West Lifeco Inc. (Lifeco) - 1st Appearance
Back To Top
INSURANCE TECHNOLOGY
Mary Roth, Executive Director, Risk and Insurance Management Society (RIMS) - 2nd Appearance
Jim Kellner, Chairman and CEO, Applied Systems - 5th Appearance
Gregory A. Maciag, President & CEO, ACORD - 5th Appearance
Clare DeNicola, President & CEO, IVANS Inc. - 2nd Appearance
Back To Top
INSURANCE INDUSTRY VENDORS
Jay F. Cook CEO & Chief Visioneer, MIB Group, Inc. - 5th Appearance
Frank J. Coyne, Chairman, President, & CEO, Insurance Services Office, Inc (ISO) - 4th Appearance
Back To Top
BANK INSURANCE MARKETING
Beth L. Climo, Executive Director, ABA Securities Association, American Bankers Insurance Association (ABIA) - 5th Appearance
Larry Marsh, President & CEO, Marsh·Berry Companies - 5th Appearance
Back To Top
WORKSITE MARKETING NICHE
Daniel Paul Amos, Chairman & Chief Executive Officer, AFLAC Incorporated - 5th Appearance
Back To Top
LEGAL PLAN NICHE
Alec Schwartz, Executive Director, American Prepaid Legal Services Institute - 2nd appearance
Back To Top
ONLINE DISTRIBUTION
Robert S. Bland, Chairman and Founder, Quotesmith.com -2nd Appearance
Back To Top
INSURANCE MEDIA
Andrew L. Goodenough, President & CEO, Highline Media, LLC. - 1st Appearance
Back To Top
STRUCTURED SETTLEMENTS & VIATICALS
Malcolm Deener, President, National Structured Settlements Trade Association - 2nd Apperance
Doug Head, Executive Director, Viatical and Life Settlement Association of America (VLSAA) - 2nd Appearance
Back To Top
DIRECT MARKETING
Donald Jackson, Chairman, JCG Group, Ltd. - 3rd Appearance
Back To Top
RISK MODELING
Hemant H. Shah, Co-Founder, President & CEO, RMS. - 3rd Appearance
American Express Co.
This family-friendly company allows employees to take advantage of flextime, compressed weeks, telecommuting and job-sharing. To ensure fairness, it provides managers with detailed selection criteria, user guides and a sample case study of successful flexible work arrangements so they can assess whether a flexible schedule is the right fit ...
Read More >>
Bank of America
The company subsidizes 65% of the cost of care at its three on-site day-care centers at headquarters and in Jacksonville, FL. Employees in ten cities can take advantage of the Snowy Day backup-care program when nasty weather keeps their kids out of school, and staffers who earn less than ...
Read More >>
Capital One Financial Corp.
Expectant parents got a big break in 2005, with more time off. New moms now have 16 weeks of job-guaranteed leave (up from 12), with eight weeks fully paid (up from six). New dads and adoptive and foster parents get 12 weeks off (two paid for fathers and ...
Read More >>
Credit Suisse Securities LLC
New moms receive 20 job-guaranteed weeks off as maternity leave, with 12 weeks fully paid. Fathers and adoptive parents also get 20 weeks off, with up to six of them paid. There's a $4,000 reimbursement for those who adopt. Staffers with the firm for five ...
Read More >>
Deloitte & Touche USA LLP
When an emergency crops up, parents can send their children to one of 69 backup-care centers across the country. If they need alternative arrangements, the company offers reimbursement for child care provided outside these centers. ...
Read More >>
Deutsche Bank
A women's network was formally relaunched in 2005 as Women on Wall Street. Its goal: to address the issues female employees care about most and help them advance in their careers. Networking opportunities, business lunches, conferences and workshops are sponsored by the network. Approximately 15% ...
Read More >>
Ernst & Young LLP
The company's leave program gives employees ample time to adjust to a new child, retirement or a career hiatus. New moms with one year of service receive eight weeks of maternity leave beyond the 12 weeks offered by FMLA, six of which are fully paid; ...
Read More >>
Fannie Mae
Parents considering adoption can use the firm's resource and referral services to investigate their options. If they decide to adopt, they can take four paid weeks off to spend with their child and have $10,000 of their costs reimbursed. ...
Read More >>
First Horizon National Corp.
With 609 U.S. sites, this large financial firm relies on flexible schedules to meet its employees' work/life needs, such as four-day workweeks, job-shares and reduced "prime-time" schedules of 20 to 32 hours a week, with full benefits. In 2005, 46% of employees flexed their hours ...
Read More >>
First National Bank
Helping employees stay fit is a priority at First National. An on-site fitness center at headquarters doubled in size this past year, and class offerings increased to 20 a week (up from five). ...
Goldman, Sachs & Co.
This prestigious investment bank believes its greatest asset is its employees, so it allows them to work part-time, job-share and telecommute. To make the process easier, employees can submit their requests for flexible arrangements online to managers. ...
Read More >>
Grant Thornton LLP
With employees spread out over 50 locations, a single firmwide child-care solution wasn't possible. Still, technology (laptops, BlackBerrys and videoconferencing) and flexible arrangements allow parents to work from home if their regularly scheduled child care falls through or their child is home sick. ...
Read More >>
HSBC-North America
This leading financial services firm, where more than half the employees are women, aims to help its working moms manage their professional and personal lives by offering a spectrum of flex programs to meet their needs, from telecommuting to job-sharing. Employees need to work only ...
Read More >>
JPMorgan Chase
This leading global financial services firm allows employees to telecommute, job-share, flex hours or work compressed schedules. Part-time employees are eligible for health benefits, scholarships for their children and tuition reimbursement. ...
Read More >>
KPMG LLP
The firm is among the minority of U.S. companies offering backup child care. Several KPMG offices lease space in or near child-care facilities, where they have a contract for services. ...
Read More >>
Morgan Stanley
Employees are covered in the event of a child-care emergency, with 80 free hours of in-home backup care and space at 15 national backup facilities. Staffers can also locate full-time care through the firm's resource and referral service. A brand-new parenting network and a wealth of seminars help moms ...
Read More >>
Northern Trust Corp.
Women represent 29% of executive VPs and above and 49% of managers. Half of all mentees in the Executive Networking and Mentoring program in 2005 were female. A leadership forum also regularly provides networking opportunities for women at the VP level and above. ...
Read More >>
PNC Financial Services Group Inc.
From birth to college, employee children have access to programs designed just for them. Infants and toddlers whose mothers enroll them in the Great Start program receive eight consecutive weeks of deeply discounted ($6 a day) child care, while children up to age 13 receive ...
Read More >>
PricewaterhouseCoopers LLP
To help women be great moms and high-performing professionals, this global accounting firm offers a wide variety of flexible work options that employees can easily apply for online. There's also a 24/7 hotline for those who have questions. Thanks to a new Flexible Fridays policy, ...
Read More >>
Principal Financial Group
Flexibility is a way of life at this company, where more than half of all employees took advantage of flextime last year. Many who chose to work from home--more than 1,800 employees--were provided with computers, office equipment and software. ...
01/09/06 -- "InsuranceBroadcasting.com is pleased to announce our 5th annual list of the 100 most powerful people in the insurance industry (North America)" commented Walter B. Podgurski, CEO.
"We understand the subjectivity of this type of ranking, but stand by our five year premise. The people below are the 100 we think who have the most resources available to them and who would have the most ability (as a group) to successfully accomplish any goal or directive of the insurance industry. What better list of 100 people exists that could exert more collective influence over the insurance industry?"
We have a simple methodology of measuring power. This is not a list of the largest 100 insurance company CEO's, or designed to recognize past achievement, longevity, or decide who is the most effective businessperson, or determine who has been the most innovative, or who is on the fast-track to the top. It is an attempt to express who controls the most insurance industry resources (people, capital, intellectual knowledge, technology, etc.) or has the most influence on those resources.
Here is the methodology we chose to support our choices.
The person with the most power is the person at the top of the organization.
Power is diverse.
Power controls or influences resources.
Our list is weighted by current control of power.
Each year we receive a certain amount of criticism and critique. In an industry as large and segmented as the insurance industry, 100 people is an incredibly small number of people to single out and recognize, ensuring at least some degree of debate.
We publish this list to provoke thinking and discussion, and to provide a better perspective on our industry. It is a serious list, but it shouldn't be taken that seriously. We do take pride in our annual list and are honored to name these people to our list of the 100 most powerful.
As we mention each year, it is important to note that no one asked to be on the list, and many might even be a bit uncomfortable to be on a "power" list. The term "power" in today's society can make people uncomfortable, with words like leadership or stewardship preferred. My personal belief is that the people on this list would be the first to give credit to others. Most likely they have worked hard and have great integrity and management skills, and the reason they have power is that they have been given that power by others because they are "trusted." I believe they believe that their power is a reflection of the confidence and faith others have in them, and their power is viewed by them as a guardianship, duty and charge to serve others.
We received many nominations of people with great credentials that we were just unable to fit onto a list of only 100. The difficulty is easily understood by asking yourself who you would remove from the list below to add your favorite. We also have categorized the names to look at who was selected from a specific niche of the insurance industry. The names are listed alphabetically within each category. No effort was made to rank the list as #1, #3, etc.
Let us know what you think (wpodgurski@aol.com) - we will report back all the comments, good or bad, in a future edition of INSURANCE NEWSCAST.
Sincerely
Walt PodgurskiChairman & CEOwww.InsuranceBroadcasting.com
INSURANCE NEWSCAST
SPECIAL REPORT - "INSURANCE NEWSCAST 100 INSURANCE INDUSTRY MOST POWERFUL - NORTH AMERICA” LIST FOR 2005 - 2006
SUPER-ICON STATUS
RATINGS AGENCIES
P&C COMPANIES
LIFE COMPANIES
HEALTH INSURANCE / HEALTHCARE
RE-INSURANCE
AGENT ORGANIZATIONS & DISTRIBUTION
INSURANCE REGULATION / LEGISLATION
INSURANCE BROKERAGE
INSURANCE EDUCATION & RESEARCH
INSURANCE LAW
CONSULTING
INDUSTRY ORGANIZATIONS
INSURANCE ANALYSTS
INSURANCE, CANADA
INSURANCE TECHNOLOGY
INSURANCE INDUSTRY VENDORS
BANK INSURANCE MARKETING
WORKSITE MARKETING NICHE
LEGAL PLAN NICHE
ONLINE DISTRIBUTION
INSURANCE MEDIA
STRUCTURED SETTLEMENTS
DIRECT MARKETING
RISK MODELING
INSURANCE NEWSCAST - STORIES
INSURANCE NEWSCAST'S 2005 - 2006 LIST OF THE 100 MOST POWERFUL PEOPLE IN THE INSURANCE INDUSTRY - NORTH AMERICA
SUPER-ICON STATUS
Warren E. Buffett, CEO, Berkshire Hathaway Inc. - 4th Appearance
Maurice R. Greenberg, C.V. Starr & Company, Inc. (C.V. Starr) - 5th Appearance
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RATINGS AGENCIES
Keith M. Buckley, Managing Director, Fitch's North American Insurance Rating Group - - 5th Appearance
Ted Collins, Managing Director, Moody's Investors Service - - 5th Appearance
Steven J. Dreyer, Managing Director, North American Practice Leader for Standard & Poor's Financial Services. - 5th Appearance
Robert L. Riegel, Managing Director, Life & Health Insurance Team, Financial Institutions Group, Moody's Investors Service - - 5th Appearance
Arthur Snyder, President & Chairman, A.M. Best - 5th Appearance
Martin D. Weiss, Ph.D., Chairman Weiss Ratings, Inc.- - 5th Appearance
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P&C COMPANIES
Axel Lehmann, CEO, Zurich North America - 1st Appearance
Ramani Ayer, Chairman & Chief Executive Officer, The Hartford Financial Services Group, Inc. - 5th Appearance
Jay S. Fishman, Chairman, President & Chief Executive Officer, The St. Paul Companies - 5th Appearance
Edmund F. Kelly, Chairman, President & Chief Executive Officer, Liberty Mutual Insurance - 5th Appearance
Ed Liddy, Chairman and Chief Executive Officer, The Allstate Corporation - 5th Appearance
Stephen W. Lilienthal, Chairman and Chief Executive Officer, CNA Insurance - 3rd Appearance
Glen Renwick,, President & CEO, Progressive - 5th Appearance
Edward B. Rust Jr., Chairman and CEO, State Farm Insurance Companies - 5th Appearance
Martin J. Sullivan, President And Chief Executive, AIG - 1st Appearance
Mark R. Thresher, President and Chief Operating Officer, Nationwide Financial - 3rd Appearance
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LIFE COMPANIES
Herbert M. Allison, Jr., Chairman, President, and Chief Executive Officer, TIAA-CREF - 3rd Appearance
Robert H. Benmosche, Chairman and Chief Executive Officer MetLife - 5th Appearance
Donald J. Shepard, Chairman of the Executive Board of AEGON N.V., Chairman of AEGON USA - 4th Appearance
Sy Sternberg, Chairman Of The Board, President, & Chief Executive Officer, New York Life Insurance Company - 5th Appearance
Arthur Ryan, Chairman & Chief Executive Officer, Prudential Financial, Inc. - 5th Appearance
Ed Zore, President & CEO, Northwestern Mutual Insurance - 5th Appearance
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HEALTH INSURANCE / HEALTHCARE
Larry C. Glasscock, Chairman, President and Chief Executive Officer, Anthem, Inc. - 3rd Appearance
H. Edward Hanway, Chairman & Chief Executive Officer, CIGNA Corporation - 5th Appearance
Karen Ignagni, President & CEO, AAHP-HIAA - 5th Appearance
Evelyn F. Ireland, CAE, Executive Director, National Association Of Dental Plans - 1st Appearance
David A. Jones, Chairman of the Board & Co-Founder, Humana Inc. - 5th Appearance
William W. McGuire, M.D., Chairman & Chief Executive Officer, UnitedHealth Group - 5th Appearance
John W. Rowe, M.D., Chairman, President and Chief Executive Officer, Aetna Inc.- 5th Appearance
Scott P. Serota, President & Chief Executive Officer, Blue Cross and Blue Shield Association - 5th Appearance
Thomas R. Watjen, President and Chief Executive Officer, UnumProvident Corporation - 3rd Appearance
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RE-INSURANCE
Jacques Aigrain, Chief Executive Officer, Swiss Re - 1st Appearance
Dr. jur. Nikolaus von Bomhard, Chairman, Munich Re Group - 3rd Appearance
Franklin W. Nutter, President, Reinsurance Association of America (RAA) - 5th Appearance
Brian O'Hara, President & Chief Executive Officer, XL CAPITAL - 2nd Appearance
Ron Pressman, Chairman, President & CEO, GE Insurance Solutions - 4th Appearance
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AGENT ORGANIZATIONS & DISTRIBUTION
Jessica M. Bibliowicz, President and Chief Executive Officer, National Financial Partners - 1st Appearance
Leonard Brevik, Executive Vice President & CEO, National Association Of Professional Insurance Agents (PIA) - 2nd Appearance
Ken A. Crerar, President, The Council of Insurance Agents & Brokers Officers (CIAB) - 2nd Appearance
Bernd G. Heinze, Esquire, Executive Director, American Association of Managing General Agents (AAMGA) - 5th Appearance
Fred H. Jonske, President and Chief Executive Officer, M Financial Group - 5th Appearance
Kevin Merz, 2005 Chairman, National Association of Independent Life Brokerage Agencies, (NAILBA) - 2nd Appearance
Stephen O. Rothschild, CLU, ChFC, President, Million Dollar Round Table (MDRT), - 1st Appearance
Robert A. Rusbuldt, Chief Executive Officer, Independent Insurance Agents & Brokers of America, Inc. (IIABA). - 5th Appearance
Janet Trautwein, Executive Vice President and CEO, National Association of Health Underwriters (NAHU) - 1st Appearance
David F. Woods, CLU, ChFC, Chief Executive Officer , The National Association of Insurance and Financial Advisors (NAIFA) - 4th Appearance
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INSURANCE REGULATION / LEGISLATION
Alessandro Iuppa, NAIC President, Maine Insurance Superintendent - 1st Appearance
Susan Nolan, Executive Director, The National Conference of Insurance Legislators (NCOIL) - 2nd appearance
Catherine (Cathy) J. Weatherford, Executive Vice President and CEO, The National Association of Insurance Commissioners (NAIC) - 3rd Appearance
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INSURANCE BROKERAGE
J. Hyatt Brown, CPCU, CLU, Chairman, President, & Chief Executive Officer, Brown & Brown - 4th Appearance
Michael Cherkasky, Chief Executive Officer, Marsh Inc. - 2nd Appearance
Martin P. Hughes, Chairman and Chief Executive Officer, HUB International Limited - 4th Appearance
Paul Karon, President and COO, Benfield Inc. (US Division) - 1st Appearance
Joe Plumeri, Chairman & Chief Executive Officer, Willis Group Holdings Limited - 5th Appearance
Patrick G. Ryan, Chairman & Chief Executive Officer, Aon Corporation - 5th Appearance
Dave Zuercher, Chairman & Head of International and Insurance Services, Acordia Inc. - 1st Appearance
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INSURANCE EDUCATION & RESEARCH
Laurence Barton, Ph.D., President & CEO, The American College - 3rd Appearance
Joseph M. Belth, Ph.D., professor emeritus of insurance at the Kelley School of Business at Indiana University (Bloomington),
Thomas P. Donaldson, FLMI, CLU President & Chief Executive Officer LOMA - 5th Appearance
Gordon Stewart - President - Insurance Information Institute - 1st Appearance
William T. Hold, Ph.D., CIC, CPCU, CLU, President, The National Alliance For Insurance Education And Research - 3rd Appearance
Robert A. Kerzner, President & Chief Executive Officer LIMRA International - 2nd Appearance
James R. Marks, CAE, CPCU, AIM, Executive Vice President, CPCU Society - 5th Appearance
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INSURANCE LAW
Brian Casey, Partner, Lord, Bissell & Brook - 4th Appearance
Thomas A. Player, Partner, Morris, Manning & Martin, LLP - 4th Appearance
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CONSULTING
Patricia Guinn, Managing Director of Tillinghast - Towers Perrin and Towers Perrin Reinsurance - 5th Appearance
John Haley, President and Chief Executive Officer, Watson Wyatt Worldwide, Inc. - 1st Appearance
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INDUSTRY ORGANIZATIONS
Brian K. Atchinson, Executive Director, IMSA - - 5th Appearance
Robert M. Beuerlein, President, Society of Actuaries - 1st Appearance
Charles M. Chamness, President, National Association of Mutual Insurance Companies (NAMIC) - 3rd Appearance
Ernst N. Csiszar, President & CEO, President & CEO, Property Casualty Insurers Association of America - 2nd Appearance
Gary Hicks, Executive Director, Aviation Insurance Association - 2nd Appearance
Dennis Jay, Executive Director, Coalition Against Insurance Fraud - 1st Appearance
Frank Keating, President and CEO, American Council of Life Insurers (ACLI) - 4th Appearance
Joseph P. Pomilia, Executive Director, Insurance Accounting & Systems Association, Inc. (IASA) - 3rd Appearance
Jack Ramirez, President, CEO National Association of Independent Insurers (NAII) - 5th Appearance
Governor Marc Racicot, President, American Insurance Association (AIA) - 1st Appearance
David F. Woods, CLU, ChFC, President, The Life and Health Insurance Foundation for Education (LIFE) - 1st Appearance
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INSURANCE ANALYSTS
Vincent J. Dowling, Insurance Stock Analyst, Dowling & Partners Securities - 5th Appearance
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INSURANCE, CANADA
Stanley I. Griffin, President and C.E.O. of the Insurance Bureau of Canada (IBC) - 5th Appearance
Dominic D'Alessandro, President and Chief Executive Officer, Manulife - 5th Appearance
Raymond L. McFeetors, President & Chief Executive Officer, Great-West Lifeco Inc. (Lifeco) - 1st Appearance
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INSURANCE TECHNOLOGY
Mary Roth, Executive Director, Risk and Insurance Management Society (RIMS) - 2nd Appearance
Jim Kellner, Chairman and CEO, Applied Systems - 5th Appearance
Gregory A. Maciag, President & CEO, ACORD - 5th Appearance
Clare DeNicola, President & CEO, IVANS Inc. - 2nd Appearance
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INSURANCE INDUSTRY VENDORS
Jay F. Cook CEO & Chief Visioneer, MIB Group, Inc. - 5th Appearance
Frank J. Coyne, Chairman, President, & CEO, Insurance Services Office, Inc (ISO) - 4th Appearance
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BANK INSURANCE MARKETING
Beth L. Climo, Executive Director, ABA Securities Association, American Bankers Insurance Association (ABIA) - 5th Appearance
Larry Marsh, President & CEO, Marsh·Berry Companies - 5th Appearance
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WORKSITE MARKETING NICHE
Daniel Paul Amos, Chairman & Chief Executive Officer, AFLAC Incorporated - 5th Appearance
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LEGAL PLAN NICHE
Alec Schwartz, Executive Director, American Prepaid Legal Services Institute - 2nd appearance
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ONLINE DISTRIBUTION
Robert S. Bland, Chairman and Founder, Quotesmith.com -2nd Appearance
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INSURANCE MEDIA
Andrew L. Goodenough, President & CEO, Highline Media, LLC. - 1st Appearance
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STRUCTURED SETTLEMENTS & VIATICALS
Malcolm Deener, President, National Structured Settlements Trade Association - 2nd Apperance
Doug Head, Executive Director, Viatical and Life Settlement Association of America (VLSAA) - 2nd Appearance
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DIRECT MARKETING
Donald Jackson, Chairman, JCG Group, Ltd. - 3rd Appearance
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RISK MODELING
Hemant H. Shah, Co-Founder, President & CEO, RMS. - 3rd Appearance
American Express Co.
This family-friendly company allows employees to take advantage of flextime, compressed weeks, telecommuting and job-sharing. To ensure fairness, it provides managers with detailed selection criteria, user guides and a sample case study of successful flexible work arrangements so they can assess whether a flexible schedule is the right fit ...
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Bank of America
The company subsidizes 65% of the cost of care at its three on-site day-care centers at headquarters and in Jacksonville, FL. Employees in ten cities can take advantage of the Snowy Day backup-care program when nasty weather keeps their kids out of school, and staffers who earn less than ...
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Capital One Financial Corp.
Expectant parents got a big break in 2005, with more time off. New moms now have 16 weeks of job-guaranteed leave (up from 12), with eight weeks fully paid (up from six). New dads and adoptive and foster parents get 12 weeks off (two paid for fathers and ...
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Credit Suisse Securities LLC
New moms receive 20 job-guaranteed weeks off as maternity leave, with 12 weeks fully paid. Fathers and adoptive parents also get 20 weeks off, with up to six of them paid. There's a $4,000 reimbursement for those who adopt. Staffers with the firm for five ...
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Deloitte & Touche USA LLP
When an emergency crops up, parents can send their children to one of 69 backup-care centers across the country. If they need alternative arrangements, the company offers reimbursement for child care provided outside these centers. ...
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Deutsche Bank
A women's network was formally relaunched in 2005 as Women on Wall Street. Its goal: to address the issues female employees care about most and help them advance in their careers. Networking opportunities, business lunches, conferences and workshops are sponsored by the network. Approximately 15% ...
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Ernst & Young LLP
The company's leave program gives employees ample time to adjust to a new child, retirement or a career hiatus. New moms with one year of service receive eight weeks of maternity leave beyond the 12 weeks offered by FMLA, six of which are fully paid; ...
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Fannie Mae
Parents considering adoption can use the firm's resource and referral services to investigate their options. If they decide to adopt, they can take four paid weeks off to spend with their child and have $10,000 of their costs reimbursed. ...
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First Horizon National Corp.
With 609 U.S. sites, this large financial firm relies on flexible schedules to meet its employees' work/life needs, such as four-day workweeks, job-shares and reduced "prime-time" schedules of 20 to 32 hours a week, with full benefits. In 2005, 46% of employees flexed their hours ...
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First National Bank
Helping employees stay fit is a priority at First National. An on-site fitness center at headquarters doubled in size this past year, and class offerings increased to 20 a week (up from five). ...
Goldman, Sachs & Co.
This prestigious investment bank believes its greatest asset is its employees, so it allows them to work part-time, job-share and telecommute. To make the process easier, employees can submit their requests for flexible arrangements online to managers. ...
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Grant Thornton LLP
With employees spread out over 50 locations, a single firmwide child-care solution wasn't possible. Still, technology (laptops, BlackBerrys and videoconferencing) and flexible arrangements allow parents to work from home if their regularly scheduled child care falls through or their child is home sick. ...
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HSBC-North America
This leading financial services firm, where more than half the employees are women, aims to help its working moms manage their professional and personal lives by offering a spectrum of flex programs to meet their needs, from telecommuting to job-sharing. Employees need to work only ...
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JPMorgan Chase
This leading global financial services firm allows employees to telecommute, job-share, flex hours or work compressed schedules. Part-time employees are eligible for health benefits, scholarships for their children and tuition reimbursement. ...
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KPMG LLP
The firm is among the minority of U.S. companies offering backup child care. Several KPMG offices lease space in or near child-care facilities, where they have a contract for services. ...
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Morgan Stanley
Employees are covered in the event of a child-care emergency, with 80 free hours of in-home backup care and space at 15 national backup facilities. Staffers can also locate full-time care through the firm's resource and referral service. A brand-new parenting network and a wealth of seminars help moms ...
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Northern Trust Corp.
Women represent 29% of executive VPs and above and 49% of managers. Half of all mentees in the Executive Networking and Mentoring program in 2005 were female. A leadership forum also regularly provides networking opportunities for women at the VP level and above. ...
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PNC Financial Services Group Inc.
From birth to college, employee children have access to programs designed just for them. Infants and toddlers whose mothers enroll them in the Great Start program receive eight consecutive weeks of deeply discounted ($6 a day) child care, while children up to age 13 receive ...
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PricewaterhouseCoopers LLP
To help women be great moms and high-performing professionals, this global accounting firm offers a wide variety of flexible work options that employees can easily apply for online. There's also a 24/7 hotline for those who have questions. Thanks to a new Flexible Fridays policy, ...
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Principal Financial Group
Flexibility is a way of life at this company, where more than half of all employees took advantage of flextime last year. Many who chose to work from home--more than 1,800 employees--were provided with computers, office equipment and software. ...
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