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50 Great Companies For Women To Work for in 2005

large

10,000+ U.S. employees

medium

2,500 to 10,000

small

1,000 to 2,500

Company

Size

% Women

Industry

Highlights

Aflac
www.aflac.com
Columbus, GA

medium

69

Insurance

  • 28% of AFLAC’s executives are women
  • Profit sharing
  • Flextime, compressed workweeks
  • Employee Appreciation Week festivities
  • Extensive training and development programs
  • Pays 100% of the tuition (up to $20,000/year) of employees’ college-age children or grandchildren who maintain at least 2.5 GPA

American Express
www.americanexpress.com
New York, NY

large

62

Financial Services

  • Women hold close to 57% of managerial and supervisory positions and make up 40% of executives and senior managers
  • Piloted mentoring program for women in 2003
  • Many creative options for taking extra time off including an option to “buy” up to 5 additional vacation days
  • Free mammograms, CPR classes and cholesterol testing

Arnold & Porter
www.aporter.com
Washington, DC

small

57

Law

  • Women are close to 50% of managers and professionals
  • Allows associates to spend six months working full-time at public interest organizations
  • Each office has an ombudsman to handle employee issues
  • Peer-elected committee gives lower-ranking lawyer representation

Baptist Health South Florida
www.baptisthealth.net
Coral Gables, FL

large

75

Health Care

  • Generous salaries – 52 of the hospital chain’s 2,600 nurses earned more than $100,000 in 2003
  • Low nursing turnover in its 23 facilities at 9% a year, vs. 19% statewide
  • $200 bonus to senior nurses who mentor new nurse hires

Booz Allen Hamilton
www.bah.com
McLean, VA

large

38

Consulting

  • Remote access and laptops for professional staff
  • Flexible work arrangements –  including telecommuting used by majority of staff
  • In 2003, piloted sabbatical leave program in additional to regular time off for up to 60 days off each year, unpaid, but with complete benefits

Bristol-Myers Squibb
www.bms.com
New York, NY

large

39

Pharmaceuticals

  • Flextime, compressed workweeks, telecommuting and job-shares
  • Affinity groups for diverse constituencies, including women
  • On-site gym
  • Comprehensive job training program

Bronson Healthcare Group
www.bronsonhealth.com
Kalamazoo, MI

medium

84

Health Care

  • 9.5% turnover – half the average in a high turnover industry
  • Gain share program where eligible employees receive a lump-sum award payable on a quarterly basis if targets are met
  • After 1 year, 25 days off
  • Workers can donate time off to colleagues facing medical crises in their families
  • One third of the firm’s 3,500-plus employees have been there for ten years or more

Cisco Systems
www.cisco.com
San Jose, CA

large

24

Computer Hardware

  • Creative efforts to bring fun to the workplace – including lunchtime panels lead by experts theme days
  • Low turnover (3.02%)
  • Invests in long-term educational programs that expose girls and young women to technology through their Girls in Technology project, aimed at enrolling more teenage girls in certification courses at the CiscoNetworkingAcademy

DaimlerChrysler
www.daimlerchrysler.com
Auburn Hills, MI

large

21

Automotive

  • Mentoring program and leadership series for women featuring male and female executive panels
  • 19% of managers and professionals and 14% of executives are women
  • Employee Resource Groups – includes Women’s Forum
  • Profit sharing
  • Group legal services
  • Tuition Assistance
  • Vehicle financing via payroll deduction
  • Flexible work arrangements

Deloitte & Touche
www.deloitte.com
New York, NY

large

45

Financial Services, Consulting

  • Since 1993, Women’s Initiative program, aimed at increasing women’s corporate opportunities, has triple the number of leadership positions held by women
  • Dedicated mentorship program with each relationship managed by a Human Resources administrator
  • Employee referral incentive rewards have included cash, and new cars
  • Workers averaged $5,371 in tuition aid in 2003

Discovery Communications
www.discovery.com
Silver Spring, MD

medium

38

Media

  • Over 50% of the executives are women, including CEO Judith Hale
  • Flex options including variable start times
  • Tuition reimbursement
  • Reimbursement of $600/year for wellness promoting activities including personal trainer sessions

DuPont
www.dupont.com
Wilmington, DE

large

29

Chemicals

  • 3 members of the 12 person board of directors are women
  • Formal mentoring program for part-timers, majority of whom are women
  • Flexible work arrangements – telecommuting, job-sharing and compressed workweeks – used by 80% of employees

Eli Lilly
www.lilly.com
Indianapolis, IN

large

46

Pharmaceuticals

  • Profit sharing
  • Women accounted for almost 50% of all technical promotions in 2003
  • Flexible schedule options
  • $250 grant to eligible community organizations where employees volunteer
  • On-site fitness center and recreational park

Ernst & Young
www.ey.com
New York, NY

large

49

Financial Services

  • Almost 50% of the workforce telecommutes occasionally
  • Supplemental Time Off option for tax practice employees during tax off-season –  up to 14 weeks of leave at 20% to 33% base with full benefits
  • Flex options - job-shares, compressed workweeks, telecommuting and flextime

Fannie Mae
www.fanniemae.com
Washington, DC

medium

51

Financial Services

  • 38.2% of the company’s officers are women and 43% of senior managers are women
  • Up to $5,000 bonus for new hire referrals
  • Free $100 monthly transit cards
  • 3 weeks minimum vacation for all employees
  • 10 paid hours/month for volunteer work
  • Dependent-care vouchers, up to $1,000/ year
  • Over 50%of employees use flexible work options
  • Staff eligible for up to $38,000 mortgage loans which are forgiven after 5 years working

First Horizon National
www.firsthorizon.com
Memphis, TN

large

64

Banking

  • 83% of managers are women
  • Flexible options – compressed schedule, part-time work, job-sharing and telecommuting
  • Employee Assistance Program - counseling for employees and family
  • Unlimited time off for parents to visit their kids’ classrooms

Freddie Mac
www.freddiemac.com
McLean, VA

medium

51

Financial Services

  • Flexible work options for full- and part-time workers – telecommuting, flextime and job-sharing
  • BRAG! Workshop coaches women at all levels on improving self-promotion and networking skills
  • More than 33% of executives are women
  • Employee Mortgage Program - expert-led seminars on purchasing and refinancing primary residences, second homes and investment properties available to all employees

Genentech
www.genentech.com
South San Francisco, CA

medium

50

Pharmaceuticals

  • Matches 100% of employee 401(k) contributions up to 5% of total compensation
  • After 1 year employment, 27 days off
  • Emergency taxi or car rental coverage to employee’s home
  • 54% of managers and professionals and 40% of executives are women
  • Genentech Scholars, a program that provides financial aid, paid internships and mentoring to college students in biotechnology, draws a majority of female participants
  • Flex option widely use – flextime, compressed workweek
  • For every 6 years service, all employees receive a 6-week paid sabbatical  which can be combined with vacation days to allow up to nine weeks off

General Mills
www.generalmills.com
Minneapolis, MN

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39