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05.19.2020Careers Blog

Proud to be named a 2020 Top Company for Multicultural Women.

By: Verizon Careers
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For the 15th year, Verizon is proud to be recognized as a Top Company for Multicultural Women by Working Mother.

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Verizon was recently named in the Top 10 of Working Mother’s list of Top Companies for Multicultural Women, a recognition we are proud of earning for the past 15 years. 

This year’s winners were selected based on their answers to an extensive questionnaire covering representation; hiring; attrition and promotion rates; recruitment, retention and advancement programs; and company culture.

Here are some key findings from this year’s Working Mother report on companies for multicultural women: 

  • This year, multicultural women accounted for 11% of senior managers, compared with 10% last year, and 8% five years ago. 
  • This year saw increases in promotions for black, Latinx, and Asian women with profit and loss experience, as well as in heading major divisions or country revenues of more than $1 billion.
  • The improvement at the very senior positions correlates to progress in participation in best practices, including recruitment initiatives, formal sponsorship, and mentoring and leadership development.
  • More CEOs have publicly declared their support for diversity and inclusion this year, including the hiring and promotion of multicultural women. 

Committed to diversity and inclusion. 

At Verizon, we’re committed to diversity and inclusion in the workplace. In addition to making it onto this year’s list of Top Companies for Multicultural Women, we have also achieved these past recognitions related to diversity and inclusion. 

2020 NAFE Top Companies for Executive Women. The National Association of Female Executives’ (NAFE) Top 70 Companies for Executive Women list ranks companies with high female representation in leadership positions as well as programs and policies that are centered on career development. For 13 years, Verizon has been named a Top Company for Executive Women by NAFE.    

Read about four executive women at Verizon and how they have demonstrated the power to go beyond in their roles.     

2019 Best Companies for Dads. In 2018, Working Mother launched its list of Best Companies for Dads. In the second annual list, Verizon was recognized among 50 other companies for excelling in areas like paternity and gender-neutral parental leave, flexible schedules, phase-back programs for dads, and more. Read about which V Teamer was awarded our 2019 Working Dad of the Year award at Verizon.  

2019 Working Mother 100 Best Companies. The companies that were recognized as a Best Company by Working Mother are known for focusing on inclusive benefits for families, including gender-neutral leave, gradual phase-back after parental leave, and accessible, affordable childcare. Read about which V Teamer was awarded our 2019 Working Mother of the Year award at Verizon. 

Learn more about how Verizon creates a culture that empowers.

About the author(s): 

Verizon Works is a blog that offers career insights and advice. Gain the power to go beyond at Verizon.

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