Working Mother Media has published its 20th annual list of the best places for mothers to work, the “2005 Working Mother 100 Best Companies.” Advisors may at first wonder why we are highlighting this. The reasons are threefold: First, what’s good for working mothers is good for working fathers, and of course, for the children. Second, there are ideas here that advisors may want to incorporate into their own firms–and with the freedom that comes with running or participating in a smaller business, independent advisors may find that implementing some of the ideas may be lots easier than it is at some of the mega-firms that won the awards. Third, some of these ideas may help advisors retain valued employees, building goodwill and at the same time enabling them to focus more intently on work–and viola!–boosting productivity.
At a luncheon during the “100 Best Companies WorkLife Congress” October 19 in New York, Working Mother honored the first set of inductees into its “100 Best Hall of Fame.” Companies had “to be on the list for 15 or more years, and be selected for the 2005 100 Best Companies list,” says Carol Evans, CEO and founder, Working Mother Media. Among the 15 companies that achieved this honor were six financial companies: Allstate, American Express, Bank of America, Citigroup, Lincoln Financial, and Prudential Financial.