Prudential Financial’s policies and practices in support of women have
once again garnered it a place on the National Association for Female
Executives (NAFE) “Top 50 Companies for Executive Women” list. This is
the 14th year Prudential has been recognized by NAFE for
advancing the careers of women.
“We are delighted to be chosen as a Top 50 Company and recognized for
attracting and developing talented women,” states Caroline Feeney,
president, Prudential Agency Distribution and the company’s 2013 Working
Mother of the Year. “Prudential prioritizes leadership development for
women and a supportive work environment where they can be successful
both personally and professionally.
“NAFE applauds Prudential's consistently strong numbers of women moving
into the senior executive ranks. The company recognizes how critical
women's contribution is to the bottom line, and its superb work/life
programs create an environment where women can thrive,” says Dr. Betty
Spence, NAFE President.
Compared with last year’s data the percentage of women who are top
earners at winning companies has grown to 28% in 2014 from 25%; the
number of female corporate executives with profit and loss
responsibility has increased from 19% to 22%; women in the Top Companies
who are responsible for at least one billion dollars in revenue per year
has increased from 23% to 26% and sixty percent of the Top Companies now
offer sponsorship programs compared with 42% in 2013.
The 2014 NAFE Top Companies application includes more than 200 questions
on female representation at all levels, especially the corporate officer
and profit-and-loss ranks. The vetting process includes tracking access
and usage of programs and policies that promote the advancement of women
as well as the training and accountability of managers in relation to
the number of women who advance.
The National Association for Female Executives (NAFE), founded in 1972,
serves 20,000 members nationwide with networking, tools and solutions to
strengthen and grow their careers and businesses. Working
Mother magazine publishes the annual NAFE Top 50 list. NAFE.com
provides up-to-date information, community for women in business and
access to member benefits. NAFE is a division of Working Mother Media,
owned by the Bonnier Corporation.
Prudential Financial, Inc. (NYSE:PRU), has operations in the United
States, Asia, Europe, and Latin America. Prudential’s diverse and
talented employees are committed to helping individual and institutional
customers grow and protect their wealth through a variety of products
and services, including life insurance, annuities, retirement-related
services, mutual funds and investment management. In the U.S.,
Prudential’s iconic Rock symbol has stood for strength, stability,
expertise and innovation for more than a century. For more information,
please visit http://www.news.prudential.com/
Copyright Business Wire 2014