Aetna Named One of the NAFE Top 50 Companies for Executive Women for 2014
Company recognized for dedication to women in leadership for the 15th time
Aetna (NYSE: AET) has been named by the National Association of Female Executives (NAFE) to the 2014 NAFE Top 50 Companies for Executive Women. This prestigious list highlights companies whose commendable practices identify and promote successful women. This is the 15th time that Aetna has appeared on the list. Aetna will be among the first companies to join the NAFE Top Companies for Executive Women Hall of Fame.
“I’m proud to be at a company with such a long-term commitment to women,” said Grace Figueredo, Aetna’s chief Diversity and Inclusion officer. “As I get to know many of the women who work across all sectors of our company, I see the value they deliver to the business and ultimately our customers each and every day. And as health care shifts to a more consumer-driven model, Aetna continues to focus on the increasing power of women as key decision-makers and influencers within this ever-changing marketplace.”
In determining its Top 50 Companies, NAFE places specific emphasis on the number of women running the business-of-the-business jobs with profit-and-loss responsibility. According to research conducted by the Working Mother Research Institute for NAFE, 28 percent of women are top earners at winning companies, up from 25 percent last year, and the percentage of female executives with profit-and-loss responsibility has grown from 19 percent to 22 percent. In addition, the research found that 26 percent of women in the top companies are responsible for at least $1 billion in revenue per year versus 23 percent from last year, and 60 percent of companies now offer sponsorship programs. Aetna exceeds each of these metrics.
In addition to the Aetna Women’s Employee Resource Group and the Aetna Women’s Leadership Alliance, the company launched the Strategies for Success program last year as a way to accelerate the advancement of highly talented women. The program content includes long-term career planning, strategies for influencing, managing risk and sponsorship.
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. In order to be eligible for the NAFE Top Companies survey, entrants must have a minimum of 1,000 employees, two women on the Board of Directors and be a public or private company. NAFE also separately names the Top 10 companies in the non-profit sector.
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 Companies 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.
Aetna is one of the nation’s leading diversified health care benefits companies, serving an estimated 44 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, and medical management capabilities, Medicaid health care management services, workers’ compensation administrative services and health information technology products and services. Aetna’s customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see www.aetna.com.
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