2022 BEST COMPANIES FOR MULTICULTURAL WOMEN WINNERS

Since 2003, Seramount’s Best Companies for Multicultural Women has tracked corporations’ progress in creating cultures that encourage multicultural women to join and rise through the ranks. Because of the large number of qualified companies, Seramount has increased the number on this list to 80 this year (from 75 last year).

This year, the survey continued to assess progress for women by specific racial/ethnic group as well as factors influencing that progress, including mental-health and anti-racism progress and mentoring and sponsorship participation.

Methodology

The Best Companies for Multicultural Women application includes more than 500 questions on representation; hiring, attrition, and promotion rates; recruitment, retention, and advancement programs; and company culture. Our scoring algorithm is based on the previous year’s benchmark results, which then determine the winners.

Key Findings

2022 Best Companies for Multicultural Women
What makes them the best?
Improving Representation of MCW
24% of the total workforce consists of multicultural women
11% of senior managers are multicultural women
18% of managers are multicultural women
91% of companies have a program to identify high-potential multicultural women
79% mandate diverse interview slates
90% have formal mentoring programs
75% have formal sponsorship programs
90% have diversity representation percentage goals
68% compensate for DEI results
Anti-Racism Resources
90% have specific anti-racism trainings
66% have organized discussions on racism led by CEO
89% have organized discussions no racism led by senior leaders
81% offer mental health programs to specifically address racial trauma
89% provide manager training to help employees experiencing mental health issues