Stamford Advocate (Sunday)

CT companies make list for workplace diversity

Over 20 businesses located in state recognized by Newsweek

- By Paul Schott

More than 20 large and medium-sized companies with global or divisional headquarte­rs in Connecticu­t have been recognized in the 2024 edition of America’s Greatest Workplaces for Diversity, a list compiled by Newsweek and market data research firm Plant-A Insights Group.

Among the Connecticu­t-based organizati­ons that made the list, the following earned five-star ratings: Boehringer Ingelheim,

Ensign-Bickford Industries, Gartner, Henkel, Mohegan, Pitney Bowes, SS&C Technologi­es, Synchrony, The Hartford and United Rentals. Barnes Group, CareCentri­x, Charter Communicat­ions, Companions & Homemakers, Emcor Group, ISG, Vineyard Vines, Webster Bank and XPO received four-and-a-half stars. Garafalo Markets, ITT, Stanley Black & Decker and Xerox received four stars.

In total, 1,500 companies made the list.

“Employers highlight their commitment to recruiting and advancing individual­s of various ages, races, genders, sexual orientatio­ns and abilities,” Newsweek Global Editor in Chief Nancy Cooper wrote in a synopsis of the list. “Companies recognize that a diverse workforce contribute­s significan­tly to organizati­onal success. Diverse workforces cultivate creativity and innovation that stem from a mix of perspectiv­es, experience­s and background­s, fostering a dynamic environmen­t where new ideas come to life.”

Cooper also wrote that, “companies also value diversity for its positive impact on talent attraction and retention. In a globalized job market, attracting diverse, skilled profession­als is vital for staying competitiv­e. Job seekers, particular­ly younger generation­s, seek employers that prioritize diversity and inclusion. Employees are more likely to stay with a company that nurtures an inclusive culture where everyone feels val

ued — contributi­ng to higher levels of job satisfacti­on and reducing turnover rates.”

The list’s scoring factored in publicly available data, interviews with HR profession­als and an anonymous online survey conducted among a “diverse group of employees” at companies in the U.S., according to Cooper.

“Respondent­s shared insights into corporate culture, working environmen­ts and other aspects of both their own companies and others they were familiar with, resulting in over 1.5 million company reviews,” Cooper added.

Among other recently published measures of workplace diversity, more than a dozen companies with headquarte­rs or large offices in Connecticu­t received 100 percent scores in the Human

Rights Campaign Foundation’s 2023-24 Corporate Equality Index, which focuses on corporate support for lesbian, gay, bisexual, transgende­r and queer employees.

While there are numerous studies that recognize companies’ efforts to create more diverse and inclusive workplaces, there are still stark disparitie­s in the top ranks of many companies in Connecticu­t. Among the 14 Connecticu­t-headquarte­red

companies on last year’s Fortune 500 list of the largest U.S. corporatio­ns, only one, elevatoran­d-escalator maker Otis Worldwide, currently has a woman CEO.

At the same time, there are still few people from racial and ethnic minority groups who become CEOs of large companies. For instance, there have been only two Black CEOs of Connecticu­t-based Fortune 500 firms.

 ?? Hearst Connecticu­t Media file photo ?? The Hartford, the building in the background, whose headquarte­rs at 1 Hartford Plaza in Hartford, was one of the Connecticu­t-based companies that earned a five-star rating in the 2024 America's Greatest Workplaces for Diversity.
Hearst Connecticu­t Media file photo The Hartford, the building in the background, whose headquarte­rs at 1 Hartford Plaza in Hartford, was one of the Connecticu­t-based companies that earned a five-star rating in the 2024 America's Greatest Workplaces for Diversity.

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