Oakland, Calif., Oct. 24, 2024 (GLOBE NEWSWIRE) -- The 2024 Fortune Best Workplaces for Women™ are setting standards for gender equity in the workplace by going beyond fair pay and promotions to create environments where women feel valued, seen, and supported — a commitment reflected in their bottom line.
At these workplaces:
- 91% of women want to stay long-term
- 90% of women give extra to get the job done
- Nearly 80% feel that their managers involve them in decisions.
When women are involved in decisions that affect them, they are 20% more likely to feel their work has purpose. Why is a sense of purpose so important? It makes retention 2.5 times, or 150%, more likely.
Fair pay and promotions and unbiased hiring are just the starting point; the bare minimum for narrowing the gender gap.
“To truly advance, we must do more,” says Michael C. Bush, CEO of Great Place To Work®. “What kind of experience are you creating for women once they are working for you? That’s where we’ll make real progress.”
The Best Workplaces for Women focus on creating a sense of purpose, recognizing achievements, and providing clear career paths supported by development and mentorship opportunities.
Stryker and Robert Half, for instance, have significantly increased the number of women in leadership roles through dedicated employee resource groups.
Winning workplaces (large organizations):
- Hilton
- Cisco
- Marriott International
- Synchrony
- American Express
Winning workplaces (small- and medium-sized organizations):
- Highlight Technologies
- Insmed
- WestPac Wealth Partners
- ezCater, Inc.
- Registry Partners
“Fortune congratulates the companies that made the cut for the Best Workplaces for Women,” says Fortune Editor-in-Chief Alyson Shontell. “Based on survey responses of so many women nationwide, these companies clearly demonstrate they have created workplaces where many feel valued, supported, and encouraged to do their best work.”
Commitment to excellence
At winning workplaces:
- 81% of women feel that promotions go to those who best deserve them, an enormous 62% increase over typical workplaces
- Nearly 9 out of 10 women feel that everyone has an opportunity for special recognition, a 54% increase over typical workplaces
- 87% of women find special meaning in their work, a 55% increase over women at typical workplaces
“Every person deserves to feel good about their work, be recognized for their contributions, and feel supported in their professional development, no matter their gender,” Bush says. “This should be the expectation, not the exception.”
Discover tips and insights on how the Best Workplaces™ are narrowing the gender parity gap.
About the 2024 Fortune Best Workplaces for Women
Great Place To Work selected the Best Workplaces for Women based on feedback collected from 1.3 million employees, of which nearly 600,000 were women at qualifying Great Place To Work Certified™ organizations in the United States. To be considered for the list, companies must employ at least 50 women, 20% of their non-executive managers must be women, and at least one of their C-suite executives must be a woman. Companies with 50 to 999 people are considered for the small and medium category; companies with 1,000 employees or more are considered for the large category. Company rankings are derived from 60 employee experience questions within the Great Place To Work Trust Index™ Survey.
To get on this list next year, start here.
About Great Place To Work
Great Place To Work is the global authority on workplace culture. Since 1992, it has surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Its employee survey platform empowers leaders with the feedback, real-time reporting, and insights they need to make data-driven people decisions. Everything it does is driven by its mission to build a better world by helping every organization become a great place to work for all.
Learn more at Great Place To Work, and follow us on LinkedIn, X, Facebook and Instagram.
About Fortune
Fortune upholds a legacy of award-winning writing and trusted reporting for executives who want to make business better. Independently owned, with a global perspective and digital agility, Fortune tells the stories of a new generation of innovators, builders, and risk takers. Online and in print, Fortune measures corporate performance through rigorous benchmarks, and holds companies accountable. Fortune creates communities by convening true thought leaders and iconoclasts — those who shape industry, commerce, and society — through powerful and prestigious lists, events, and conferences, such as the iconic Fortune 500, the CEO Initiative, and Most Powerful Women. For more information, visit fortune.com.
