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 – Best in Class Companies for WORKPLACE INCLUSION.
Diversity MBA Magazine additionally recognizes Best in Class companies that have demonstrated outstanding systems, impact and results in their benchmarking categories of recruitment, representation, board diversity, succession planning, workplace inclusion & retention, and accountability. This release recognizes the Top Ten Companies that have leading practices in the category of WORKPLACE INCLUSION.
Diversity MBA Magazine is pleased to name the “TOP TEN BEST IN CLASS COMPANIES FOR WORKPLACE INCLUSION” (in alpha order) include: Allstate, Bank of America, Blue Cross Blue Shield, MI, CSX, Colgate-Palmolive, Fannie Mae, Health Care Services Corporation, Kraft Foods, Progressive Insurance and Wal-Mart Stores.
Inclusion must be achieved for companies striving to institutionalize diversity within their culture. Inclusion is about full employee engagement; the blend of cultural competencies and career development. Inclusion not only represents the differences among thought, experience, and approaches, but how it shows up in the retention metrics. Retention is both an indicator of sustainability and inclusion. At the end of the day corporate environments should be striving to allow authentic expression of self in the workplace. The programs and initiatives companies design to enhance inclusive cultures are what Diversity MBA measures. The top ten Best in Class companies has strong beliefs and values that are linked to inclusion.
The top ten companies have robust development programs, employee engagement initiatives that are creative and innovative tied to employee success.
Some interesting Findings based on Diversity MBAs Results include:
- 58% of 50 Out Front companies have mandatory cultural sensitivity training; 42% provides the optional choice
- 92% of 50 Out Front companies require executive level sponsors for ERGs
- 76% of 50 Out Front companies ERGs meet monthly via various communication methods
- 100% of 50 Out Front companies offer flex time for managers
- Top ten best in class companies on average have 8 ERGs that engage in think tank problem solving
- Top ten best in class companies’ average retention ratio is 92% among all groups.
Inclusion and Retention go hand in hand, thus it is a business imperative that companies measure the effectiveness of their efforts. Pam McElvane, CEO & Publisher, says,” our top ten companies for Best in Class in the category of Workplace Inclusion have effectively implemented performance metrics to measure inclusion on a routine basis.
Diversity MBA Magazine will also be recognizing Top Regional Companies, and specialty list including; executive and talent development; employee resource groups; supplier diversity; veterans, disability, LGBT, and the most innovative programs and/or initiatives.