For the third consecutive year, Prudential Financial, Inc’s leader-led
diversity and inclusion strategy has earned the company a spot in the
top 10 on DiversityInc’s Top 50 Companies for Diversity list.
Ranking eighth on the 2014 list, Prudential has been placed on the list
every year since the survey’s inception in 2001. Prudential ranked No. 8
in 2013 and No. 9 in 2012.
“Prudential views diversity and inclusion as an important area of focus
among our employees, in the marketplace and in the communities where we
live and work,” Prudential’s chairman and CEO John Strangfeld told DiversityInc.
“Our talented and diverse employee base provides a competitive advantage
and enables us to help our customers solve financial challenges today
and for future generations to come.”
DiversityInc recognized Prudential for its strong diversity
management practices, including metrics reporting and impact from the
company’s six business
resource groups. The publication also ranks companies on 12
additional specialty top 10 lists. This year, Prudential [NYSE: PRU]
ranked No. 4 on the recruiting list, recognizing the company’s
significant diversity in its workforce and among new hires, as well as
in the talent pipeline into management. The company also ranked No. 9
for mentoring, in recognition of its best practices in that area and
sponsorship initiative.
“Diversity and inclusion is integral to the strength of our talent,
culture, business performance and identity,” Michele
C. Green, vice president and Prudential’s chief diversity officer
told the publication. “Beyond representation, the practice of inclusion
reflects the reality that diverse vantage points lead to success in the
workplace, marketplace and community. We are committed to the ongoing
journey of creating an environment of involvement, respect and
connection.”
This year marks the 14th year that the rankings have been
determined and published. More than 1,000 companies took part in 2014.
To participate, organizations must complete a 300-question survey, which
is divided into four areas: talent pipeline, equitable talent
development, CEO/leadership commitment and supplier diversity. Each
company is judged within its own industry, and each application is
vetted by the magazine’s staff.
In recent years, DiversityInc has placed increased importance on
business resource groups, cross cultural mentoring participation and
best practices since they yield demonstrable human-capital improvements.
Survey participation is free to any company with at least 1,000 U.S.
workers.
“On the list every year since it was started in 2001, Prudential enjoys
strong diversity leadership from Chairman and CEO John Strangfeld and
Vice President and Chief Diversity Officer Michele Green,” said DiversityInc
CEO Luke Visconti. “Constant efforts to improve diversity management
have led to enhanced metrics for employee resource groups.”
Prudential Financial, Inc. (NYSE: PRU), a financial services leader, 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, investment
management, and real estate services. 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