power.pngIs a company working-mother friendly if working moms aren’t fully represented in the corner office?

I asked this question yesterday when I got an email about Working Mother magazine’s list of 100 Best Companies. Great family-friendly list, but WHERE ARE ALL THE WOMEN LEADERS??!!

Working Mother comes up with a list of companies annually and their criteria is basically based on firms that offer “benefits like paid maternity leave, the ability to work from home and wellness programs, as well as programs that enhance financial well-being,” according to Carol Evans, president of Working Mother Media. “Our 100 Best are helping to reduce stress in the busy lives of working moms. These companies epitomize family-friendly support at its best.”

Most of the companies that made the list were familiar to me and I decided to go through the top ten on Working Mother’s list and figure out if these companies really put their money where they’re mouths are when it comes to women.

What I found was pretty pathetic. Women leaders are few and far between at these so-called “best” companies.

Among many of these “best” companies, women represent anywhere from zero percent to 30 percent of top executives.

To be fair, it’s not just these firms that don’t have women represented in any big way among the big jobs. Women are still under-represented throughout the corporate world.

In the U.S., only 20 percent of senior management positions at private companies are held by women, while 35 percent do not have any women in senior management at all.

This information came from a Grant Thornton study. Grant Thornton was one of the top ten best companies as recognized by Working Mother magazine in its report.

Alas, of the 12 individuals on the senior leadership team at Grant Thornton, only two were women.

And here’s a run down of the nine others on the list (I used the companies’ own websites to find corporate leaders and did not include board members in this overview. Women aren’t represented well on boards either, but that’s a whole other story.):

* Abbott has 18 senior members on its management team and only two are women.

* IBM has 18 executive officers, and only two are women.

* Bon Secours Richmond Health System, seemed to be ahead of the pack with six in leadership, two of which were women.

* Discovery Communications has 8 corporate managers, only one a woman.

* Ernst & Young’s Americas executive board has four men and no women, and of the eight service lines and practices leaders there were three women.

* General Mills, with its 11 top leaders has one woman.

* The McGraw-Hill Companies has 10 principal executives and no women.

* PricewaterhouseCoopers has 16 people in leadership positions, and only 1 woman.

* Deloitte was a tough one to crack. I couldn’t find a full list of its leaders on the website, only the CEO. OK, the company’s PR people just got back to me on the top seats. Of the 10 senior executives there is one woman.

I don’t want to disregard Working Mother’s list.

Much of what these firms claim to offer is necessary.

Across all industries, the Working Mother 100 Best Companies lead the way in pioneering programs that support families, with 100 percent offering flextime, on-site lactation rooms and telecommuting; and 98 percent offering job-sharing and wellness programs—numbers that dwarf those seen nationwide. In addition, financial programs available to the 100 Best employees are on the rise, a much needed boost for families in today’s economy. These include tuition reimbursement, retirement planning and pre-tax FSAs for childcare.

It’s great that companies say they offer flexibility and family-friendly policies, but what women need is the top jobs if they’re really going to change corporate America.

That, unfortunately, hasn’t happened yet on a wide scale.

Lists honoring “best” companies that help cut down on stress for working moms are not worth a lot if they don’t include evidence that indeed working moms are really making the big decisions and the big bucks.

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