BDO was named one of the Top 50 Companies for Executive Women by the National Association of Female Executives (NAFE) for 2013. The award is designed to recognize businesses supporting the advancement of women. American Express, Cisco, DuPont, IBM, Johnson & Johnson and Proctor & Gamble were among the other winners. BDO was one of only two accounting firms to be recognized with the award. The winning companies are recognized in the February/March issue ofWorking Mother
magazine and on workingmother.com
"We are pleased and proud that NAFE has recognized our firm as a leader in supporting and promoting women executives," said Wayne Berson, CEO of BDO USA. "We are committed to building and retaining a diverse workforce through our Women's Initiative, and championing career growth through various programs that foster a culture of continuous improvement."
The NAFE Top 50 Companies lead the nation in their commitment to female leadership, with women now making up 25% of corporate executives (up from 22% last year) vs.14% at the Fortune 500. The new report, conducted by the Working Mother Research Institute for NAFE, also finds that women now occupy 26% of all board of director seats at the NAFE Top 50 compared with 17% across the Fortune 500.
Carol Evans, CEO of NAFE and president of Working Mother Media, points out that "the NAFE Top 50 Companies are major employers committed to hiring, retaining and promoting executive women. They know that gender diversity at the top leads to a healthy bottom line. We are proud to honor companies who place women in leadership
: The 2013 NAFE Top 50 Companies application includes more than 200 questions on female representation at all levels, but especially the corporate officer and profit-and-loss leadership ranks. The application also tracks 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. To be considered, companies must have a minimum of two women on their boards of directors as well as at least 1000 employees in the U.S.