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THE TIMES TOP 50 EMPLOYERS FOR WOMEN 2021 UNVEILED A NEW LANDSCAPE FOR Baroness Helena Morrissey introduces our guide celebrating the progress driven by this year’s Times Top 50 Employers for Women This is the ninth year I’ve had the honour of introducing The Times Top 50 to request flexible working; gender pay gap reporting is mandatory; and Employers for Women as chair of Business in the Community’s gender boards and executive teams are more gender balanced. Gender equality equality campaign. It is also my last, as I hand over to Sarah Bentley – CEO is not about creating a few places for women at the top, but about enabling of Thames Water. I wish her and all my colleagues at BITC well. all women to fulfil their career potential. The recent focus on behaviours Looking through this year’s entries, it’s wonderful to see companies and company culture is both welcome and necessary. showing brave leadership to ensure they are good places for women It’s true that the pandemic has hit women hard – PwC suggests to work – especially given all the turmoil of the past year. Santander, for career progression is back to 2017 levels. Yet this is also an opportunity example, did not furlough any colleagues, paid staff as normal through to modernise work. We have learned that we can work effectively from the pandemic and gave primary care givers paid leave. Aviva introduced home, that productivity can be even higher and that companies can a parental leave policy three years ago, offering both men and women six reduce costs. I hope that we can all benefit from “hybrid” working, a months’ leave on full pay, and now sees an almost 50:50 split in male and blend of days in the office for collaboration and days at home for efficiency female employees taking parental leave. These trailblazers are paving and balance. The past nine years has taught me that incremental change the way towards truly gender-equal workplaces. isn’t enough; as the Top 50 companies show, it’s more radical thinking that As I reflect on the past nine years, concerns remain but there are also drives progress. Today is a moment to be bolder and more ambitious. reasons to be cheerful about progress. Legislation now allows all employees See page 2 for the Top 50 Employers for Women and find out more online.
T H E T I M E S TO P 5 0 , BY B U S I N E S S I N T H E CO M M U N I T Y 3 TO P 5 0 E M P LOY E R S FO R WO M E N I N 2 0 2 1 Accenture SNC-Lavalin Group Bank of America CMS Department for Work Eversheds Sutherland GlaxoSmithKline Linklaters LLP Norton Rose Post Office Limited Tesco Addleshaw Goddard LLP Atos Burges Salmon LLP Costain and Pensions EY Goldman Sachs Lloyds Banking Group Fulbright LLP PwC LLP Thames WaterUtilities Ltd All are recognised equally and appear in alphabetical order. Allen & Overy AVIVA Capgemini UK Credit Suisse Deutsche Bank Financial Services Hachette UK Morgan Stanley Ofcom Royal Mail Group West Midlands Combined Find out more about why each company has been included AstraZeneca UK AXA UK & Ireland CityFibre Holdings Deloitte DWF Compensation Scheme Jacobs NatWest Group PepsiCo UK & Ireland Santander UK Auhtority (WMCA) in the Top 50 at thetimes.co.uk/TT50 Atkins, a member of the Bain & Company Limited Department for Transport Enterprise Rent-A-Car Fujitsu KPMG LLP UK Network Rail Pinsent Masons LLP Shell Willmott Dixon which women were affected by closed schools and nurseries SEEING THE will spark fresh debate. For a long time, employer policies and the WHOLE PICTURE wider culture have not enabled men to play as full a role at home as many would like. “Organisations need to address the gendered expectations of who cares for children,” Forbes says. As businesses consider an office return or hybrid alternative, One of this year’s Times Top 50 employee wellbeing will be as important as counting desks Employers for Women leading the way in this is insurance giant Aviva. Its equal leave policy offers men and women an option of taking up to a year off, with six Three days before International situations where some people are months at full pay. In the three Women’s Day, the minister for women sitting around a table, while those years since this was launched and equalities, Liz Truss, released a working remotely are ignored on the company has seen almost a statement calling for flexible working WE DON’T a small screen.” 50-50 split in the gender of to be made a standard option for WA N T A Beyond the office, working more employees taking the leave. employees. Suddenly, a trend that S I T UAT I O N flexibly should enable women to “We wanted to take the issue gathered momentum during the W H ER E work when and where it suits them of gender out of the equation,” says Anthony Fitzpatrick, head pandemic had government backing – T H E P EO P L E most. This will almost certainly of employee relations and global a big step towards making it a reality. alleviate stress around juggling It was music to the ears of flexible- WO R K I N G things like childcare with a job, but employment policy at Aviva. “Once you start gendering working campaigners, particularly R EM OT ELY we must ensure it doesn’t damage leave, it begins a chain reaction many women. But as we emerge from ARE IGNORED mental health in other ways. “One of conscious and unconscious the crisis, and that flexible approach unintended consequence could be bias. If the woman was the meets with more traditional working the drop in social interaction,” says person taking the longest leave, styles, could there be negative Sarah Churchman OBE, community that has an impact on career consequences for working women? and wellbeing officer at PwC, one of progression and women could If the majority of people taking up this years Times Top 50 Employers be seen as a recruitment risk.” the opportunity to work from home for Women. “We’ve seen that remote The biggest barrier to shared are indeed women, we need to make working can impact people’s sense parental leave has been the sure the office doesn’t become a of wellbeing – employers need to put existing culture around it and boys’ club, warns Ann Francke OBE, measures in place to check in.” the fear of how a man taking chief executive of the Chartered We must also watch out for the leave might be perceived. Policies Management Institute. blurring of lines between work and such as Aviva’s go a long way to address this and in the wake of “You have to think carefully about home life, says Anouska Ramsay, the pandemic, it seems more men how you manage hybrid working – director of culture and capability at COVER: ILLUSTRATION: HATTIE NEWMAN, PHOTOGRAPHY: MARTINALANG/STUDIO PI. INSIDE PAGES: ILLUSTRATION: SINEM ERKAS/STUDIO PI FOR BRIDGE STUDIO are ready to take on additional how do you decide who to bring into another of this year’s Times Top 50 caring responsibilities. the office? Who works from home?” Employers for Women, Santander. “We “Men have been at home doing she says. “If men are going in more need to encourage an equal balance more family things,” Fitzpatrick readily, or you choose to only bring so that people are not constantly says. “Meanwhile, there’s less senior people in, that would not be wandering back to the screen.” of a drive towards presenteeism, good for anyone.” The opportunity in front of us is which has broken down some of We should also make sure that clear, but inclusivity must remain those taboos around men asking those who do work from home still front of mind. “We have a once-in-a- for time to do things like school get an equal voice at the table. “Right generation opportunity to reinvent drop-off or pick-up.” now, remote meetings mean we’re how we work,” Francke says. “Let’s The next step is to bring the all in the same sized box on screen,” make sure that we not only build back same opportunities to frontline she says. “We don’t want to create better, but bolder and more inclusive.” workers who have powered us through the pandemic. A new landscape for women “We need access to flexible This move from flexible working work for everyone,” says Emma being seen as something managers Stewart MBE, development allow mothers to do out of director of Timewise. “I want necessity, to something managers businesses to believe there’s JOIN BITC AND DO BUSINESS BETTER want men and women do to, is an flexibility in every role because essential component in the new then we can help women at the I employment landscape. bottom end of the labour market.” While the pandemic n many ways, Covid-19 has been a disaster for women. still bubbles beneath the surface of society, it has also offered an It has been a legal right to request flexible working since 2014 but the Demand is there. Figures from the UK’s Behavioural Insights Team It is clear we have a chance to tackle inequalities that have held The Times Top 50 Employers for Women is published in partnership with Business in the Community – the oldest has been a challenge When the school gates closed opportunity to address it once pandemic has shifted the dial on and Indeed suggest that a mention women back. “We’ve ripped up for companies and and children were sent home to learn at the kitchen table, and for all. The flexible working practices embraced out of necessity Firms need one of the hardest things to change: attitudes. “Before Covid-19, women of flexibility in a job ad increases the number of CVs sent by 30 per the rulebook on how we design work so it’s all up for grabs,” and largest business-led membership organisation dedicated to responsible business. Discover what membership of BITC could do for your organisation. employees at all levels, it was the nation’s mothers who bore the brunt. during the crisis could transform the working landscape for good. to address working flexibly often experienced negative career outcomes or were cent, with men just as likely as women to shortlist these adverts. Stewart adds. “At points in their lives, women the ideas initiated by this According to figures from UCL, women spent twice as much time “The pandemic has taught employers that their staff can be the gendered unable to progress within their organisations,” says Sarah Forbes, “We have bust the myth that flexibility is just for women or need control and choice over how and when they work – for many G O T O B I T C . O R G . U K /J O I N - U S year’s Top 50 Employers doing homeschooling as men did during lockdown. Research from productive working in a different way,” says Caroline Nokes MP, the expectations Equal Parenting Project co-lead at the University of Birmingham. mothers,” says Hannah Burd, principal adviser of the Gender and years they’ve had to compromise on promotions or new roles. If we for Women also show the charity Pregnant Then Screwed found that 57 per cent of employed chair of the Women’s and Equalities Committee. “The pandemic has of who cares “Our research shows that attitudes toward flexible working Behavioural Insights Programme. “It’s important because the more get this right, we will no longer have to make those compromises.” brave leadership and mothers felt the increased childcare been appalling for women’s for children held by managers are positively we conflate it with motherhood, responsibilities during the crisis employment chances. So if we can shifting with a significant increase sadly, the more we devalue it and See the full list of The Times Top 50 new opportunities, finds had affected their career prospects. find new ways that help them back in the belief that flexible working that’s not good for anyone.” Employers for Women in partnership But while the pandemic has into employment, in a more flexible is a performance-enhancing tool, Campaigners are also hopeful with Business in the Community at Gabriella Griffith shone a light on the inequality that way, that would be a real boost.” compared with before lockdown.” that the clearly unequal way in thetimes.co.uk/TT50
T H E T I M E S TO P 5 0 , BY B U S I N E S S I N T H E CO M M U N I T Y 5 Mind the ‘ E V E R Y B O DY ’ D O E S ME AN EVERYBODY pay gap Though fears exist that the past year is likely to have seen a stumble in the progress of equal pay, the majority of Times Top 50 Employers for Women are determined to keep the issue front of mind, says Rhymer Rigby A truly inclusive workplace means equality for all – from gender ‘ R eally disappointing” none of us will see gender parity and race to religion. It’s also good for business, says Arwa Haider is Felicia Willow’s in our lifetimes, or our children’s. IT WILL TAKE 99.5 reaction to news that It cites the finding of its own Global the gender pay gap Gender Gap Report 2020, which has increased. But reveals that gender parity will “It is important to recognise both the Dingle is the VP and global director 35% it’s not surprising, not be attained for 99.5 years. commonality we have as women of TogetherBeyond, the company’s adds Willow, CEO of the Fawcett Ongoing research by the and the many nuances that inclusion and diversity strategy. Society, which promotes years for gender parity to consultancy McKinsey has distinguish our identities and “TogetherBeyond is built on the equality and women’s rights. be achieved, according established a strong and voices,” says Sandra Kerr CBE, recognition that diversity means “When you look at the effects to the Global Gender growing link between gender national campaign director for Companies that have more than monolithic groups with of the pandemic, it has not Gap Report (2020) representation on boards and BITC’s race equality campaign. diverse teams achieve clearly defined characteristics. The been a good year for anyone who company performance. In its “It is so vital to have different 35 per cent better mantra ‘leave no one behind’ needs was experiencing inequality Diversity Wins report, the authors voices and lived experiences to be fundamental. But it’s also vital beforehand.” state, “Our 2019 analysis finds that financial results at the decision-making table.” to have an understanding and The deadline for gender pay gap companies in the top quartile for Workplace conversations need to discussion of intersectionality. We reporting has been extended this gender diversity on executive include awareness of the prejudice understand that terms like BAME, gay, year because of Covid-19. For the teams were 25 per cent more likely encountered by women who wear neurodiverse and female are entry organisations that have reported, to have above-average profitability the gap remains roughly the same than companies in the fourth religious dress, and the limitations points into a wider concept of identity. as it was in 2018. However, many quartile – up from 21 per cent in of networking around alcohol or late “A truly inclusive culture recognises expect it to widen considerably 2017 and 15 per cent in 2014. events. There are also challenges faced that a rising tide lifts all boats, and when all the reports are in. Moreover, we found that the greater by single mothers; women make up 90 focuses on recruiting, promoting and Research by the Fawcett Society the representation, the higher the per cent of single parent households, retaining a diverse array of talent – shows that 35 per cent of working likelihood of outperformance.” according to the charity Gingerbread. creating a rich culture of belonging.” mothers say they have lost work or There are good reasons for this Yet diversity must extend beyond As Sandra Kerr points out, getting hours during the pandemic to a link. These range from forward gender. “It means getting everyone to race equality right and enabling people lack of childcare. Willow observes thinking companies being able the same place, across everything: from ethnic minorities to progress at that industries such as hospitality to attract the best staff to diverse religion, politics, pay, job opportunities, work is worth £24 billion1 a year to the which are likely to have large businesses better reflecting the family,” says Oluchi Ikechi, managing UK economy; and firms with diverse numbers of people on furlough will communities in which they director (partner) for business workforces achieve 35 per cent2 better not have their wages included in operate and so being closer to restructuring and innovation for capital financial results. “Employers should be Gender Pay Gap reporting. These their stakeholders. As Warne markets at Accenture UKI, a Times Top making sure they are populating the industries also tend to be the ones says, “Gender equality and all 50 Employer for Women. Commitment springboard roles from diverse teams, that employ significantly larger diversity and inclusion leads to diversity should be “onstage, for the opportunities that feed that top numbers of women than men. to better business decisions.” The good news is the long-term So what can companies do, if backstage and behind the scenes”, she table. If you’re focused only on the trend is still down. According to they feel they are underperforming says. “The first step to changing culture 1. Race in the senior figure, then when that person Office for National Statistics (ONS), in terms of the GPG? is belief. It’s creating an environment in Workplace: The leaves, you’re back to square one.” the gender pay gap has fallen slowly Transparency about pay is one which teams feel free to be themselves.” McGregor-Smith At another Times Top 50 Employer, Sandra Kerr is leading the Race at Work but consistently since the late 1990s. way, says Willow. “Making sure Review 2. Let’s Talk Jacobs Engineering Group, Jeffrey survey. Take part at bitc.org.uk/race Internationally the UK lags behind that people doing the same level of About Race (BITC) most EU countries (Italy, Romania work are paid the same is a good and Colombia do notably well) but it start. I’d like to see employers use does better than the US, Canada and banding systems, so that everybody Israel. Korea is an outlier here with a can see what they get paid and gap of over 30 per cent, which is the what the requirements are for that support an ‘hours’ or ‘FaceTime’ worst in the industrialised world. The international law firm CMS level across different skill sets.” This helps enormously with culture,” says Warne. “Our appraisal process ensures lawyer “Committed to making gender equality is one of this year’s Times Top 50 Employers for Women. “We would problems like unconscious bias. “I’ve been researching women who bonuses are a mix of chargeable hours and other contributions, In my research central to our business, with our clients, never put this on the back burner,” says Penelope Warne, senior ask for pay rises,” adds Willow. “When they ask, they are seen as allowing for different working patterns and commitments. I see that when our people and our communities” partner and chair of the UK board. “At CMS, we remain deeply more negative and more aggressive; it is viewed as less of a good thing “People have been coping differently during challenging women ask for Penelope Warne, committed to all aspects of diversity and inclusion which are central to to ask for a raise if you’re a woman.” Companies should also work to Covid times. We recognised the need to be flexible and relaxed our pay rises, they The Senior Partner, CMS our strategy – whatever challenging times we may be going through. It is eliminate the “motherhood penalty” by making all roles normal approach to performance. We rejected any possibility of are seen as more Embracing gender equality. actually more important in tough times to be true to your values.” The flexible. “If someone’s going back part time, they shouldn’t go back to reducing working hours and pay; instead, we actively supported negative and In the UK, we have: CMS board is 45 per cent female and 32 per cent of partners are women. a lower level job,” says Willow. “They should go back at the same and encouraged flexible working, emphasising output and quality, aggressive 45% women on the Board There is still a historic tendency level, be paid pro rata and have the not hours, of work.” 32% women across the Partnership to view diversity and gender same opportunities for progression.” 55% women on average represented equality as a “nice to have” that’s There is a lot businesses can do See the full list of The Times Top 50 A global law firm with 75 not really linked to the bottom line. around reward that is less obvious. Employers for Women in partnership in partner promotions (2019-2021) offices across the world The World Economic Forum For instance, law has traditionally with Business in the Community at observed in December 2019 that Source: Fawcett Society focused on billable hours. “We don’t thetimes.co.uk/TT50
T H E T I M E S TO P 5 0 , BY B U S I N E S S I N T H E CO M M U N I T Y 7 Lafever-Ayer launched the firm’s first women’s networking group, 50% Enterprising Women. She stresses that A L M O S T inclusive workplace culture should extend beyond existing staff and Enterprise distributes its acclaimed gender diversity magazine, DRIVE (now in increasingly interactive digital form), to an audience that also includes prospective employees, customers and universities. “Our very decentralised branch Nearly half of the workers we structure means that many women work in small business units and surveyed for BITC’s Everyday may not get to know other women Inclusion campaign reported outside their local or regional area,” experiencing some kind of low she says. “We launched DRIVE level non-inclusive behaviour, to share stories so women could including unwanted comments Empowered to virtually meet and learn about other women at Enterprise, as well as about the value of connecting. This and jokes. Rates were significantly higher for women, younger workers, and black, ‘gender lens’ on the business helps Asian and minority ethnic staff. everyone. Most senior women were be you at PwC Jess, Sustainability well profiled so we also highlighted and climate change junior employees across every diversity strand so that women 50% O V E R could see successful employees who look and sound like them.” Damien Shieber, head of culture Our people are at the heart of everything we do, and we aim to empower and inclusion at Santander, believes the events of the past year have everyone to work in a way that suits them, embracing their authenticity and been a catalyst. “Leading with empathy and compassion is not a human difference to stand them apart. luxury,” he says. “It’s essential to economic recovery.” “I think it’s important for girls and women everywhere to feel empowered When Covid-19 struck, Top 50 Shockingly, more than half of Employer for Women Santander did female respondents to BITC’s to be who they want to be, both in a work environment and on a more not furlough any colleagues and Project 28–40 research said committed to paying contracted they experienced some form hours as normal, as well as providing personal level with their friends and family. PwC is a place that champions paid leave to colleagues with caring of bullying or harassment in responsibilities. The company’s work their workplace in the previous inclusion and equality of opportunity, and I’m proud to work for a company on inclusion stretches back to before three years; these levels the pandemic. “In 2018 we sponsored increase for black, Asian and which encourages its employees to bring their ‘whole’ selves to work.” a key piece of research in partnership minority ethnic women. with BITC, which found that men and women have similar attitudes Flexibility means different things for everyone, and for Jess it means in relation to balancing work and caring,” Shieber says. “We now have having the time to be part of the Jewish Network, give back to her local a unique opportunity for us to have this conversation more broadly. community, and joining the conversation at awareness events to share her One of our employee-led networks recently launched a mentoring experiences with others. Read Jess’s full story at pwc.co.uk/blogs/jess scheme, buddying colleagues on This extract is from BITC’s Route any family-related issue.” Map to a More Gender Equal Future Capgemini, another Top 50 report, published March 2021. Explore careers at PwC today – pwc.co.uk/careers Employer for Women, runs an award-winning Active Inclusion process established five years ago by A Bal Gill, now its head of employee Making fter the initial impact Dr Rose Cook (senior research fellow experience and inclusion. “I’m the Me Too and BLM movements Visit here to find out more: of Covid-19 came a at the Global Institute for Women’s involved in shaping future ways of – and Covid-19, which removed sharp realisation: that Leadership, based at King’s College working as Covid restrictions lift,” that boundary between home and PwCCareersUK PwC UK the pandemic was not some “great leveller”, London) suggested approaches that encourage “responsibility Mentor, Gill says. “We have an opportunity to reinvent how we work and to ensure work. I’m sure many organisations are thinking about employee safety sponsor, inclusion but rather it shone a structures” for accountability, such inclusion is at the heart of that.” following recent events.” spotlight on existing inequalities, as employee networks or inclusivity Gill highlights Capgemini’s “It is important that companies PwC UK Careers pwc_uk_careers and often intensified them. An LSE-commissioned Inclusion taskforces. Such groups play a social and professional role, supporting seek out Think, Ask, Act campaign (launched in 2017) as pivotal. “We recognised understand individual needs and ensure a diversity of voices is @pwc_uk_careers Initiative report from 2020 noted risks to creating inclusive work staff when remote working may create anxiety or a sense of isolation. people who that it’s the everyday acts, the seemingly small things, that can being heard,” Lafever-Ayer says. “Those who make sure every the name of cultures arising from the pandemic; for instance, the physical distance The Everyday Inclusion campaign also advocates having fair, bias-free are different make a big difference in creating a truly inclusive workplace.” employee voice counts will build a sustainable, inclusive working Working together. Shaping our future. of homeworking and uncertainty around timescales can intensify policies in place on important issues such as promotions and salaries. from you From a leadership perspective, Gill points out, being courageous, culture that pays attention to the micro-issues and intersectionality employees’ psychological distance At Times Top 50 Employer for communicative and responsive of gender with other diversities. the game from a company. This impedes the Women, Enterprise Rent-A-Car, enough to instigate brave (often Mentor, sponsor, seek out people spontaneous discussion often at the director of HR Leigh Lafever-Ayer uncomfortable) conversations who are different from you.” root of creative solutions, erodes has been co-chair of her company’s and react to real-time concerns is “Treat inclusion as any other emotional investment in the UK and Ireland diversity team since vital for workplace wellbeing and business priority and strive to raise workplace and makes it trickier for 2007. “Being a woman in an industry creating a safe space. It also cannot the bar, year on year,” Gill says. managers to monitor performance often perceived as male-dominated be ignored that the UN identified “The world is evolving, and we also – all of which can negatively impact influenced my commitment to a “shadow pandemic” of domestic have to ensure we do. And ensure daily business and future trajectory. diversity, equity and inclusion, abuse during Covid: one in three that respect forms a key part of our The last year has shown how quickly To tackle these risks to inclusion, and change,” Lafever-Ayer says. women worldwide experience approach: we can’t create a truly a range of tactics drawn from “When I joined the firm 30 years physical, coercive or sexual abuse, inclusive culture without it.” businesses can transform their practices. workplace research can be used ago, I asked about commitment to mostly by an intimate partner. to help businesses create working progress for women. I knew that “The biggest change is an increasing See the full list of The Times Top 50 Can this newfound flexibility be harnessed cultures where all employees can I was joining a company that was recognition that external factors Employers for Women in partnership flourish. The BITC report Everyday committed to diversity and I could affect our people in the workplace,” with Business in the Community at as a force for good, asks Arwa Haider Inclusion: What Really Works? by see our CEO was committed.” Gill says. “We have seen this with thetimes.co.uk/TT50
A GENDER EQUAL FUTURE: THE TIME IS NOW MAKE IT A COMMIT TO BUSINESS AN INCLUSIVE PRIORITY CULTURE FOR CONSIDER EVERYONE, ALL EVERY DAY WOMEN 8 STEPS FOR FIND OUT EMPLOYERS TO HELP WHAT THE EVERYBODY DATA SAYS CARE TAKE THE EMBRACE BIAS OUT OF FLEXIBLE RECRUITMENT WORKING BE TRANSPARENT ABOUT PAY Become a member and work with our gender experts bitc.org.uk Scan to find out more about Business in the Community and the Times Top 50 Employers for Women
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