American Express Company has been named to the Working Mother 2010 Best Companies for Multicultural Women. Honoring companies that dedicate themselves to bringing more perspectives to the decision-making table by promoting multicultural women's advancement, the Best Companies for Multicultural Women is part of the renowned Best Companies program, setting new benchmarks among companies like American Express.
"Keeping cultural inclusiveness top of mind during the economic downturn was a business imperative to the Working Mother Best Companies for Multicultural Women, and as a result, they are reaping the benefits," said Carol Evans, President, Working Mother Media. "Our winners retain star staffers by recognizing that top talent comes from different backgrounds, and it is these diverse perspectives that bring different skills to leadership and fresh solutions to business needs."
For American Express and all of this year's Best Companies for Multicultural Women, that business imperative manifests itself as programs and policies actively supporting multicultural employees, including formal mentoring, regular reviews of progress on annual diversity goals, and networking opportunities with senior leaders.
"We work hard to create an environment of inclusion where people — regardless of differences — can reach their fullest potential. We do so not just because it's the right thing to do. We also do so because we believe that a diverse workforce makes us a stronger company," says Kerrie Peraino, chief diversity officer of American Express.
The winners are detailed in Working Mother's June/July issue and at WorkingMother.com.
Best Companies for Multicultural Women Methodology: To be considered for Best Companies for Multicultural Women, each company applied and supplied Working Mother with 2009 data about the hiring, pay and promotion of multicultural employees. Applications focus on representation of multicultural women; recruitment; retention and advancement programs; and company culture. This year, equal weight was given to all segments of the 350-question survey. An independent survey research firm tabulated the scores.
About American Express
American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at www.americanexpress.com and connect with us on facebook.com/americanexpress, twitter.com/americanexpress and youtube.com/americanexpress.
About Working Mother Media
Working Mother magazine reaches 2 million readers and is the only national magazine for career-committed mothers; WorkingMother.com brings to the Web home and career information, advice and a broad range of solutions daily. This year marks the 25th anniversary of Working Mother's signature research initiative, Working Mother 100 Best Companies, the most important benchmark for work-life practices in corporate America. Working Mother Media, a division of Bonnier Corp. (www.bonnier.com), includes the National Association for Female Executives (NAFE, www.nafe.com), Diversity Best Practices (www.diversitybestpractices.com), the WorkLife Congress and the Multicultural Women's Conference and Leadership Summits. Working Mother Media's mission is to serve as a champion of culture change.