Working Mother Names AXA XL as One of the 2020 100 Best Companies
New York - September 18, 2020
Working Mother revealed its annual list of the 2020 100 Best Companies, representing more than 2 million employees in the US. This year’s winners are focusing on inclusive benefits for families, including gender-neutral parental leave, gradual phase-back after parental leave and accessible, affordable childcare. AXA XL was among the 100 companies that earned a spot on this year’s list.
“Our 100 Best Companies are the standard of excellence and continue to pave the way with the work they are doing on behalf of working parents and caregivers in the US,” says Subha Barry, president of Working Mother Media. “These companies were well ahead of the curve when it came to supporting their employees during this time of vast change with their family-friendly policies already in place. We celebrate their efforts and applaud them for addressing the needs of this important and ever-growing sector of talent.”
“Companies must be flexible in their understanding of the challenges working parents face,” notes Anna Beninger, Global Head of Inclusion and Diversity. “Our policies are written in such a way to be inclusive of all parents’ needs- not just the primary caregiver- while providing the necessary resources to parents so they may continue to excel professionally."
Key findings from the 2020 100 Best Companies:
The average number of fully paid weeks of maternity leave by the 100 Best Companies is 11 weeks, compared with an average of four weeks nationally (according to the Society for Human Resource Management).
Companies are continuing to move toward gender-neutral parental leave: Five years ago, 100 percent of the 100 Best had paid maternity leave but few offered gender-neutral leave. Today, almost a quarter offer gender-neutral paid leave.
ABOUT THE METHODOLOGY
The 2020 Working Mother 100 Best Companies application includes more than 400 questions on leave policies, workforce representation, benefits, childcare, advancement programs, flexibility and more. It surveys the availability and usage of these programs, as well as the accountability of the many managers who oversee them. All applicants receive feedback showing how they compare with other applicants; however, the names of applicants that do not make the list are kept confidential. Company profiles and data come from submitted applications and reflect 2019 data.
AXA XL1, the property & casualty and specialty risk division of AXA, provides insurance and risk management products and services for mid-sized companies through to large multinationals, and reinsurance solutions to insurance companies globally. We partner with those who move the world forward. To learn more, visit www.axaxl.com.
1AXA XL is a division of AXA Group providing products and services through three business groups: AXA XL Insurance, AXA XL Reinsurance and AXA XL Risk Consulting.
Elizabeth SmallCommunictions Manager, North America