The National Association for Female Executives recently released its report identifying the top 50 companies for executive women. The survey included more than 250 questions on topics ranging from female representation, hiring, attrition and promotion rates, and access and usage of key retention and advancement programs. For the full list of the top 50 companies, click here.
To be considered for the list, companies needed to have at least two women on their board of directors, as well as at least 500 employees based in the U.S.
No. 2: Cisco
NAFE found that at its top 50 companies, women hold nearly one in four positions at the top companies (23%) overseeing divisions, with more than $1 billion in revenue.
No. 3: General Mills
The NAFE report, conducted by the Working Mother Research Institute, found that women hold 23% of all board of director seats at its top companies, compared with 16% across the Fortune 500.
No. 4: IBM
This is the 14th year the tech company has ranked in the top 50 for executive women.
No. 5: Johnson & Johnson
The NAFE study found that women CEOs lead 10% of the report's top companies, compared to 3.6% on the Fortune 500.
No. 6: KPMG
All of the companies in NAFE's top 50 offer management or leadership training to women.
Kelly Watson, Managing Partner for KPMG’s New Jersey business unit, speaking at an annual executive women’s networking event she conducts each year.
No. 7: The New York Times Company
This is the twelfth time this company has made the top 50.
Desiree Dancy, chief diversity officer and vice president, corporate human resources, meets with Mary Mulé and Abbe Serphos, steering committee members of The New York Times Company Women's Network, to discuss plans for future mentoring events.
P&G comes in at number eight. This is also the 12th time the company has made NAFE's top 50 list.
CEOS at 92% of NAFE's top 50 companies review succession plans for gender equity, according to the study. Prudential comes in at number nine, and is also on the top 50 list for the 12th time.
State Farm rounds out the top 10 best companies for 2012. This is also the insurance company's 12th time on the list, the study said.
State Farm's Beverly A. Reid, Property & Casualty Claims director, Michele Russo, Vice President Operations, Northeast Zone, Naveen B. Miller, manager, Office of Diversity & Inclusion, and Sonya Gong Jent, VPO, Multicultural Business Development.
The following organizations were named as the best companies for executive women for their policies and practices that encourage women's advancement.