2023 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. This year’s survey continues to assess progress for women by specific racial/ethnic group as well as factors influencing that progress, including mental health, anti-racism progress, and participation in mentoring and sponsorship programs.

Top 10


The Winners

Best Companies Workforce Composition 

The 2023 Best Companies for Multicultural Women employ about 2.9 million people at 26,368 work sites in every state across 17 industries: chemical, consumer products, financial or property and casualty insurance, financial services, health insurance, hospitality, hospitals/health care, manufacturing, media, Internet, advertising, nonprofit/not-for-profit, pharmaceuticals, professional services/management consulting/accounting, retail and apparel, science/technology/engineering/ aerospace/medical devices, telecommunications, transportation services, and utilities

Methodology

The Best Companies for Multicultural Women application includes close to 600 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

Seramount part of EAB 2023 Best Commpaies for Multicultural women what makes them the best improving representation multicultural women are 25% of the total workforce 20% of managers 14% of highest earners strong programs and policies for multicultural women 93% have a program to identify high potentials 71% offer job rotation programs multicultural women are 28%$ of mentees 32% of people sponsored corporate culture 91% have specific antiracism trainings 81% link DEI goals to compensation 98% tie DEI results to leaders' performance reviews