Working Mother Names Oliver Wyman As One of The 100 Best Companies
Sep 25, 2018
Working Mother revealed its annual list of the 2018 “100 Best Companies” today, celebrating companies that lead in the areas of female career advancement, paid parental leave, childcare assistance, benefits and flextime. Oliver Wyman was among the 100 companies that earned a spot on this year’s list.
“We are delighted to be recognized again by Working Mother magazine,” said Scott McDonald, CEO of Oliver Wyman. “This recognition underscores our steadfast commitment to offering an inclusive environment that supports work-life balance and fosters career and leadership opportunities for all our women colleagues.”
Based on the comparison of data submitted by companies from the 100 Best Companies list and data from U.S. companies collected by the Society for Human Resource Management (SHRM) for its 2018 Employee Benefits Report, there is a wide gap between the policies offered: 100 percent of the 100 Best Companies offer paid maternity leave versus 35 percent of companies nationwide; 99 percent of the 100 Best Companies offer paid paternity leave versus 29 percent of companies nationwide.
“Each year, we look forward to celebrating the 100 Best Companies and shine a spotlight on the Top 10 Companies for the work they are doing on behalf of working parents and caregivers,” says Subha Barry, president of Working Mother Media. “The programs and policies for working parents created by Oliver Wyman and all of the 100 Best set a standard of excellence, and we applaud them for continuing to innovate and address the needs of this important talent sector.”
This is the third year Oliver Wyman has been on the 100 Best Companies list. Specifically, the firm was recognized for:
Families of Oliver Wyman (FLOW), a new employee-resource group started in 2017 for parents and caregivers. FLOW has 14 chapters globally and has helped enhance work-life communications.
Expanded sick leave, which previously covered caretakers of partners, parents and children and now also includes caretakers of parents-in-law, grandparents, grandchildren and siblings.
Nicky Dingemans, Oliver Wyman’s Chief Human Capital Officer, added: “We want all our employees to be able to accomplish a sustainable balance between demands at work and home, and one way we make that happen is by having strong policies and practices in place for all colleagues at all stages of their career progression.”
About the Methodology
The 100 Best Companies application includes more than 400 questions on leave policies, workforce representation, benefits, childcare, advancement programs, flexibility policies and more. It surveys the availability and usage of these programs, as well as the accountability of the many managers who oversee them. All applicants receive feedback showing how they compare with other applicants; however, the names of applicants that do not make the list are kept confidential. Company profiles and data come from submitted applications and reflect 2017 data.
About Working Mother Media
Working Mother Media (WMM), a division of Bonnier Corp., publishes Working Mother magazine and its companion website, workingmother.com. The Working Mother Research Institute, the National Association for Female Executives and Diversity Best Practices are also units within WMM. WMM’s mission is to serve as a champion of culture change, and Working Mother magazine is the only national magazine for career-committed mothers. Follow us on Facebook, Twitter, LinkedIn and Pinterest.
About Oliver Wyman
Oliver Wyman is a global leader in management consulting. With offices in 50+ cities across nearly 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 4,700 professionals around the world who help clients optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a wholly owned subsidiary of Marsh & McLennan Companies [NYSE: MMC]. For more information, visit www.oliverwyman.com. Follow Oliver Wyman on Twitter @OliverWyman.