t’s hard to overlook the paradox. Women make up the majority of the college-education workforce, yet employers are struggling to retain them—let alone promote them to leadership positions.
According to a recent report by Deloitte that surveyed 5,000 women across 10 countries, one out of 10 women are actively looking for a new role as 56% reported poor or very poor job satisfaction. The report also found that 94% believe that requesting a flexible work arrangement will negatively affect their likelihood of promotion, and 90% believe their workloads will not be adjusted accordingly if they request flexible-working arrangements.
"Studies repeatedly show that offering flexibility around when and how someone works make employees not only happier but more productive," says Lorraine Hariton, president & CEO of Catalyst, a global nonprofit accelerating progress for women through workplace inclusion. "It's most impactful for women, but I like to say workplaces that work for women work for everyone."
In partnership with market research company Statista, Forbes set out to identify the 400 companies excelling in championing women at work. Our top honorees tout not only competitive pay and strong career advancement opportunities but also flexible work arrangements which experts agree are critical to correct gender inequities.
To compile this ranking, Statista surveyed approximately 85,000 women working at multinational institutions in 36 countries to determine which ones excel in gender equality in career advancement opportunities, parental leave, and more.