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NAFE TOP 70A.T. KearneyAbbottAccentureADPAetnaAllstateAmerican ExpressAT&TBank of AmericaBDO USABenco DentalBoehringer Ingelheim USABoston Scientific BozzutoBristol-Myers SquibbCA TechnologiesCapital OneCardinal HealthChico's FAS, Inc.Colgate-Palmolive Co.DeloitteDiageo North AmericaDuPontEdelman
Eli Lilly and CompanyErnst & Young LLPFirst Horizon National FleishmanHillardFreddie MacGap Inc.General MillsGeneral Motors Grant Thornton HP IBMIntelJCPenneyJLLJohnson & JohnsonKellogg CompanyKimberly-Clark CorporationKPMG Lexmark International.L'Oreal USAMarriott InternationalMassMutual McKinsey & Co.Merck
MetLife MonsantoMoss Adams New York Life Insurance Northern TrustPNC Financial Services GroupPrincipalProcter & GamblePrudential FinancialRoche DiagnosticsSAP AmericaSodexoState FarmSynchrony Financial TargetTexas InstrumentsThe Boston Consulting Group, Inc.TIAAVerizonViacomVoya FinancialZurich North America
Red=Top10
2018
Aetna 19Allstate 16American Express 15Bristol-Myers Squibb 15Colgate-Palmolive Co. 15IBM 20Merck 16Principal 17Procter & Gamble 18Prudential Financial 18
Red = new on Hall of Fame list
Hall of Fame Companies = 15 years+
NAFE 2018 • TOP 70 COMPANIES FOR EXECUTIVE WOMEN
Blue Cross and Blue Shield of North CarolinaBon Secours Virginia Health System
Children's Healthcare of AtlantaH. Lee Moffitt Cancer Center & Research Institute
Horizon Blue Cross Blue Shield of New JerseyNorthwestern Memorial HealthCare
Scripps HealthTriHealth
WellStar Health SystemYale New Haven Hospital
NAFE 2018 • TOP 70 COMPANIES FOR EXECUTIVE WOMEN
NAFE Top 10 Nonprofits
More than 80% of NAFE Top 70 CEOs present details of women’s progress to their boards of directors.
NAFE 2018 : TOP 70 COMPANIES FOR EXECUTIVE WOMEN NAFE 2017 : TOP 60 COMPANIES FOR EXECUTIVE WOMEN
Female Board Representation
30% 29%
21% 20%
0%
5%
10%
15%
20%
25%
30%
35%
2018 2017
NAFE S&P 500*
*Source: Catalyst
Percentage of Companies With Female CEOs
70% of NAFE Top 70 Companies CEOs publish data on women’s advancement on their corporate websites.
14%
5%
12%
5%
0%
2%
4%
6%
8%
10%
12%
14%
16%
NAFE S&P 500*
2018 2017
*Source: Catalyst
NAFE 2018 : TOP 70 COMPANIES FOR EXECUTIVE WOMEN NAFE 2017 : TOP 60 COMPANIES FOR EXECUTIVE WOMEN
Female Corporate Execs With P&L
25% 24%
0%
5%
10%
15%
20%
25%
30%
2018 2017
NAFE 2018 : TOP 70 COMPANIES FOR EXECUTIVE WOMEN NAFE 2017 : TOP 60 COMPANIES FOR EXECUTIVE WOMEN
Female Corporate Execs Who Report to CEO
30% 30%
0%
10%
20%
30%
2018 2017
NAFE 2018 : TOP 70 COMPANIES FOR EXECUTIVE WOMEN NAFE 2017 : TOP 60 COMPANIES FOR EXECUTIVE WOMEN
Female Execs Responsible for Divisions Over $1B
21%
27%
0%
5%
10%
15%
20%
25%
30%
2018 2017
NAFE 2018 : TOP 70 COMPANIES FOR EXECUTIVE WOMEN NAFE 2017 : TOP 60 COMPANIES FOR EXECUTIVE WOMEN
Advancement ProgramsEmphasis on support programs continues
year to year in most areas despite a drop in sponsorship and career counseling.
2018 2017
Leader Training 100% 100%ERGs 99% 100%Executive Coaching 99% 100%High Potential 99% 98%Mentoring 97% 98%Succession Planning 97% 95%Career Counseling 91% 97%Job Rotation 87% 85%Sponsorship 66% 72%
NAFE 2018 : TOP 70 COMPANIES FOR EXECUTIVE WOMEN NAFE 2017 : TOP 60 COMPANIES FOR EXECUTIVE WOMEN
Females in Top 10% Earners
Percentage of women in the highest-paid category dropped significantly.
36%41%
0%
10%
20%
30%
40%
50%
2018 2017
NAFE 2018 : TOP 70 COMPANIES FOR EXECUTIVE WOMEN NAFE 2017 : TOP 60 COMPANIES FOR EXECUTIVE WOMEN
Promotions
Promotions to women have increased in every category in the last year.
46% 47%41%
36%
44% 46%
39%35%
0%
10%
20%
30%
40%
50%
All Women Manager Senior Manager
Corp. Executive
2018 2017
NAFE 2018 : TOP 70 COMPANIES FOR EXECUTIVE WOMEN NAFE 2017 : TOP 60 COMPANIES FOR EXECUTIVE WOMEN
Representation By Job Level
50%45%
37%
29%
51%
44%
37%
28%
0%
10%
20%
30%
40%
50%
60%
All Managers Senior Managers
Executives
2018 2017
NAFE 2018 : TOP 70 COMPANIES FOR EXECUTIVE WOMEN NAFE 2017 : TOP 60 COMPANIES FOR EXECUTIVE WOMEN
CEO Engagement
2018 2017
Meets regularly with exec responsible for women’s advancement to review metrics and goals 94% 95%
Provides annual update on women’s advancement to board of directors 81% 87%
Meets regularly with work-life exec to review metrics and goals 71% 75%
Makes CEO women’s advancement statement available on website and in other materials 70% 68%
Oversees or approves management compensation plans tied to women’s advancement 69% 58%
Includes an update on women’s advancement during annual updates with employees 67% 60%
Utilizes flexible work 61% 57%
Includes an update on work-life during annual employee updates 57% 58%
Provides annual update on work-life to board of directors 56% 53%
Makes CEO work-life statement available on website and in other materials 51% 57%
Chairs or oversees women’s advancement group 47% 48%
Oversees or approves management compensation plans tied to work-life 37% 35%
Chairs or oversees work-life council 21% 25%
Significantly higher percentage signed off on compensation tied to women's progress
More CEOs used flexible work themselves
Fewer CEO work-life statements are now on websites
Visible CEOs involved in women's advancement send a strong message that women’s advancement is critical to success.
NAFE 2018 : TOP 70 COMPANIES FOR EXECUTIVE WOMEN NAFE 2017 : TOP 60 COMPANIES FOR EXECUTIVE WOMEN
Health & Wellness Benefits
NAFE 2018 • TOP 70 COMPANIES FOR EXECUTIVE WOMEN
Stress management or stress reduction programs
Health & lifestyle coaching
Benefits or programs for employees who show signs of depression
On-site fitness centers
Fitness center discounts/subsidies
On-site vaccinations
Screening for sleep disorders
96%
90%
89%
83%
81%
73%
36%
100%
99%
91%
84%
80%
Professional Development
Professional development opportunities
Professional memberships
Certification/recertification fees
Professional license application or renewal fees
Cross-training to develop skills not
directly related to job
NAFE 2018 • TOP 70 COMPANIES FOR EXECUTIVE WOMEN
Nonprofits: Representation by Job Level
Representation of women in leadership positions
NAFE 2018 • TOP 70 COMPANIES FOR EXECUTIVE WOMEN
79%
40%
59%
38%26%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
All Execs Top 10% P&L Execs Board
% Female
Nonprofits: Advancement Programs
NAFE 2018 • TOP 70 COMPANIES FOR EXECUTIVE WOMEN
100%
100%
100%
90%
90%
90%
70%
50%
Executive Coaching
Leadership Training
ERGs
Succession Planning
Mentoring
Career Counseing
Job Rotation
Sponsorship
Manager Training % Participating In These Programs
NAFE 2018 • TOP 70 COMPANIES FOR EXECUTIVE WOMEN
82%
62%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Hiring, Managing, Advancing Women
Work-Life, Flex Issues
Methodology
▪ The 2018 NAFE Top 70 Companies application includes more than 200 questions on topics including female representation at all levels, but especially the corporate officer and profit-and-loss leadership ranks.
▪ The application tracks and examines how many employees have access to programs and policies that promote advancement of women and how many employees take advantage of them, plus how companies train managers to help women advance.
▪ To be considered, companies must have minimum of two women on their board of directors as well as at least 1,000 U.S. employees.
NAFE 2018 • TOP 70 COMPANIES FOR EXECUTIVE WOMEN
About NAFE
▪ The National Association for Female Executives (NAFE), founded in 1972, serves 20,000 members nationwide with networking, tools and solutions to strengthen and grow their careers and businesses.
▪ Working Mother magazine publishes the annual NAFE Top Companies and Women of Excellence lists.
▪ NAFE.com provides up-to-date information, a community for women in business, and access to member benefits.
▪ NAFE is a division of Working Mother Media, owned by Bonnier Corporation.
NAFE 2018 • TOP 70 COMPANIES FOR EXECUTIVE WOMEN