CA Technologies Selected By Working Mother Magazine as One of the 2015 “Best Companies for Multicultural Women”
May 19 2015 - 9:00AM
Business Wire
CA Technologies (NASDAQ:CA) has been named one of the 2015 “Best
Companies for Multicultural Women” by Working Mother magazine. This
honor recognizes CA Technologies as one of the 25 U.S. corporations
that create and use best practices to make sure women of color
employees advance and excel.
“At CA, we celebrate and thrive on differences. We believe
innovation is fostered in an inclusive and diverse workplace,” said
Beth Conway, vice president, human resources for CA
Technologies. “To achieve excellence and success we must have
the best people, and we are pleased that Working Mother has
acknowledged our commitment to providing the best talent looking
across all the different strands of gender, ethnicity, sexual
orientation, age, religion, culture and level of physical
ability.”
Subha V. Barry, VP, General Manager, Working Mother Media, says,
“The Best Companies for Multicultural Women know that diversity at
all ranks of an organization is a business imperative, and they’re
doing the hard work—fostering pipelines of talent nurturing careers
of people of color and providing access to advancement programs—to
ensure that all employees know they are valued.”
Jennifer Owens, director of the Working Mother Research
Institute, says, “This year’s winners are truly the best when it
comes to recruiting, retention and advancement of women of color.
These Best Companies set the bar for corporate America.”
A full list of the 2015 Best Companies for Multicultural Women
can be found on workingmother.com. Key findings from the 2015
Working Mother Best Companies for Multicultural Women initiative
include:
- At 68% of the winning companies,
managers’ compensation is impacted by their diversity results (up
from 64% of winning companies in 2014).
- Multicultural women represent only 3%
of all executives who have profit-and-loss responsibility at the
Best Companies, and 9% of the executives who report directly to the
CEO.
- This year, 84% of the companies are
using outside recruiters to find multicultural talent, up from 76%
one year ago.
- At the Best Companies, multicultural
women represent 21% of the total workforce; multicultural men
represent 18%. White women represent 32% and white men 29% of the
total employees at the Best Companies.
- Over the last four years, the
percentage of employees at the manager level who are multicultural
women has held steady at 14%. However, as multicultural women move
up the corporate ladder, their representation shrinks
significantly. Multicultural women make up 8% of senior managers
and only 4% of corporate executives. For multicultural men, the
numbers are a bit higher, at 17% of managers, 14% of senior
managers and 10% of corporate executives.
- Strikingly, the representation of
multicultural women on the boards of directors has increased to 8%
this year, after holding steady at 4% for three years. But the
total female representation on boards of directors is at its lowest
point (23%) since 2012.
Methodology
The Working Mother Best Companies for Multicultural Women
requires candidates to have at least 500 employees. The application
includes more than 200 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.
About Working Mother
Working Mother Media (WMM), a division of Bonnier Corporation
(bonnier.com), publishes Working Mother magazine and its companion
website, workingmother.com. The Working Mother Research Institute
(workingmother.com/wmri), the National Association for Female
Executives (nafe.com) and Diversity Best Practices
(diversitybestpractices.com) are also units within WMM. WMM’s
mission is to serve as a champion of culture change. Working
Mother magazine is the only national magazine for
career-committed mothers. Follow us on Facebook, Twitter, LinkedIn
and Pinterest.
About CA Technologies
CA Technologies (NASDAQ:CA) creates software that fuels
transformation for companies and enables them to seize the
opportunities of the application economy. Software is at the heart
of every business in every industry. From planning, to development,
to management and security, CA is working with companies worldwide
to change the way we live, transact, and communicate - across
mobile, private and public cloud, distributed and mainframe
environments. Learn more at www.ca.com.
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Copyright © 2015 CA, Inc. All Rights Reserved. All trademarks,
trade names, service marks, and logos referenced herein belong to
their respective companies.
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version on businesswire.com: http://www.businesswire.com/news/home/20150519005632/en/
CA TechnologiesRita O’Brien,
631-342-6687rita.obrien@ca.comorWorking Mother MediaAndrea Kaplan,
917-836-2741andreakaplanpr@gmail.com
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