Top 10 America’s Best Employers for Women in 2024

A decade ago, approximately two-thirds of women participated in the American workforce. Presently, that figure has surged to 75%, as reported by the Center for American Progress. Despite this notable increase in representation, women grapple with persistent challenges such as limited opportunities for career progression, wage disparities, and work environments that pose conflicts with caregiving responsibilities.

To assist women in identifying workplaces that align with their needs, and to prompt companies to assess their treatment of women within their workforce, this list spotlights the top 10 America's Best Employers for Women in the year 2024.

10 America’s Best Employers For Women 2024

Leading the prestigious list of America's Best Employers for Women in 2024 is the University of Oklahoma, securing the top spot, followed by the Massachusetts Institute of Technology at No. 2, and Google at No. 3. The complete list of the top 10 employers is as follows:

A concerted effort has been undertaken to enhance employee benefits that foster work-life balance, exemplified by initiatives such as a paid parental leave program applicable within 12 months of birth or adoption. The University of Oklahoma embraces flexible work schedules and has instituted an updated remote work policy. Moreover, the university prioritizes female-centric health programs, exemplified by on-site mammograms.

Cummins, securing the No. 4 position on the list, distinguishes itself by exemplifying remarkable diversity and inclusion in its leadership. Nearly 50% of vice presidents and officers at Cummins are female, with 25% of them being Black or Latina. These figures significantly surpass national averages, where women constitute 21% of C-suite executives, with a mere 5% representing women of colour, according to the latest Women in the Workplace report by McKinsey and LeanIn.Org. This accomplishment is particularly noteworthy in the male-dominated engineering industry, where only 16% of engineers are female. Cummins' ascent from No. 26 last year to No. 4 attests to its commitment to inclusivity and gender diversity.

Methodology

The list, a collaborative effort between Forbes and Statista, draws primarily from surveys of over 60,000 employees at companies with a minimum of 1,000 workers. Approximately 40,000 women were surveyed, evaluating their companies on aspects such as working environment, salary, and employee diversity. These women were also asked to assess their employer's parental leave policies, leadership training programs for women, representation of women in upper management, and the company's response to incidents of discrimination. A parallel survey of 20,000 men was conducted to identify any significant differences in workplace perception.

Further scrutiny was applied to factors including pay equity, the presence of women in executive management or board positions, and overall employer response. As an evolving compilation, the list will be updated with the latest data for the year 2024.

ALSO READ| Top 10 Best Employers in the World