NEW YORK, May 15, 2012–PwC US has been named one of the top 10 Best Companies for Multicultural Women for 2012, according to Working Mother. This is the eighth consecutive year PwC has earned this honor for its ability to hire, retain and advance multicultural women. The full report is featured in the June/July issue of Working Mother and online at multicultural women.
"Being named to this list for the eighth consecutive year is a real honor," said Maria Castañón Moats, Chief Diversity Officer at PwC. "This is a journey. Our people are one of our greatest assets, so it is a constant priority for our firm's leadership to sustain a highly inclusive environment with limitless opportunities for our multicultural women, as well as the rest of our people."
The 25 Best Companies for Multicultural Women support initiatives specifically designed to recruit and retain multicultural women. A total of 92% of the winning companies design specific recruitment initiatives for multicultural women, 88% have special programs to retain minority women employees and 80% run professional development programs for women of color. Interestingly, 88% of the Best Companies offer mentoring programs specifically geared toward younger multicultural women or those early in their careers. And 84% of the Best Companies have performance appraisal objectives for managers that include their management of diversity issues, while 36% tie manager’s pay to advancing multicultural women.
Working Mother Media President Carol Evans writes in the magazine, “We’ve built a dialogue that’s ongoing, that doesn’t stop, that includes women all over the country, that makes people comfortable talking about race and gender, that shifts the culture of our companies, that joins with other dialogues and other voices and stories to impact the culture of our country.”
The 2012 Multicultural Women’s Conference will be held on July 17 and 18th at the Marriott Marquis in NYC.
The Working Mother Best Companies for Multicultural Women were selected based on their answers to 391 questions on representation, hiring, attrition and promotion rates, recruitment, retention and advancement programs, and company culture. The Working Mother Research Institute created a scoring algorithm based on the previous year’s benchmark results to determine the winners.
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