CHICAGO, IL- Diversity MBA Magazine, a national leadership publication targeting managers, executives in leadership; professionals, students, and the business community; publishes its seventh annual list of “50 Out Front for Diversity Leadership: Best Places to Work for Women & Diverse Managers Ranking – Top 10 Specialty Ranking for Best Places for Employee Resource Groups known as ERGs.
Diversity MBA Magazine recognizes Top 10 companies for Best Places for Employee Resource Groups. Diversity MBA is acknowledging companies that have engaged employees to provide an opportunity to share their experiences for the purpose of growing the company, building leaders and enhance performance in the workplace and marketplace. This release recognizes the Top Ten Companies that have leading practices in the category of Best Places for Employee Resource Groups to Thrive.
Diversity MBA Magazine is pleased to name the “TOP TEN BEST COMPANIES WITH EMPLOYEE RESOURCE GROUPS” (in alpha order) include: Accenture, American Airlines, Allstate Ifnsurance, Colgate-Palmolive, GE, Health Care Services Corporation, Intel, Nielsen, Progressive Insurance & Sprint.
More than a decade ago affinity groups were created to encourage like minded people and people with similar ethnicities and/or gender to engage & share their cultures within the corporate environment. Today these groups have evolved into resource groups and networks that not only bring cultural insights into the workplace but encourage creative and innovative thinking that supports the mission of the company. These groups develop the employees that participate in them, aiding in professional growth and pipeline development. Equally important, the employees gain a sense of loyalty and responsibility. What is most fascinating is that employees participate in ERGs on a volunteer basis. Truly aligning their passion with the mission of the organization they work for.
Based on Diversity MBAs Results some interesting findings include:
- 100% of 50 Out Front companies have executive sponsors for affinity or resource groups.
- 60% of 50 Out Front companies measure the effectiveness of their resource groups.
- 90% of 50 Out Front companies have African American, Hispanic and Women resource groups.
- 55% of resource groups meet monthly to encourage engagement and connection.
- Employees serve an average of 18 months on resource groups.
- 40% of 50 Out Front companies engage resource groups in think tank activities.
- 100% of 50 Out Front companies link resource groups to employee retention.
Today, employee resource groups are a critical component of any comprehensive diversity and inclusion strategy. Pam McElvane, CEO & Publisher, says,” our top ten companies are very innovative in how they engage employee resource groups and reward them for their real contributions to the business.”