Four consultancies among People's 50 Companies That Care 2018
In partnership with Great Place to Work, People Magazine’s 50 Companies That Care list recognizes the top American companies caring for their communities and employees. The 2018 ranking includes consultancies Deloitte (2), Accenture (15), PwC (42), and West Monroe Partners (44).
The second edition of celebrity culture magazine People’s 50 Companies That Care was revealed last month, with cloud computing firm Salesforce grabbing the top spot for the second year in a row. The company was lauded for its efforts to bridge gender pay gaps at the firm, and for its practice of donating 1% of its product, equity, and employee time to philanthropic causes.
Meanwhile, four consultancies made the top 50 corporate social responsibility list. Big Four accounting and consulting firm Deloitte was the runner-up in second place, while Accenture ranked 15th, PwC came in 42nd, and West Monroe Partners ranked 44th.
To create the ranking, People teamed with research and consulting firm Great Place to Work to identify the top 50 US companies that have succeeded in business while also demonstrating concern for their communities, their employees, and the environment. The ranking was based on surveys of 4.5 million employees’ experiences, as well as Great Place to Work’s assessment of organizations’ benefits and philanthropic work.
2nd-place Deloitte was praised for its social innovation program, which has allowed over 9,000 of its professionals to work in collaboration with nonprofits like Mental Health America and the Clinton Foundation. Deloitte was also singled out for its dedication to higher education, having donated over $70 million to the sector in the past decade.
Meanwhile, Accenture was lauded for its efforts towards diversity. 41% of their global workforce is made up of women, while 32% of newly promoted managing directors at the global management and tech consultancy were women – the largest percentage to date. Meanwhile, Accenture rewards individuals who refer African Americans, Asian Americans, Hispanic Americans, veterans, and persons with disabilities to the company.
Likewise, Big Four firm PwC was praised for its diversity initiatives. The firm recently launched the CEO Action for Diversity & Inclusion project, the largest CEO-driven business commitment to advance diversity in the workplace. The consultancy also makes efforts to recruit veterans through its Veteran Affinity Network.
Management consultancy West Monroe Partners was given accolades for its employee benefits, which include travel bonuses for their oft-traveling consultants, as well as a grant program that lets employees share fun and rewarding activities (charity work, golf, brewing, etc.) with co-workers. Similar to Salesforce, the firm donates 1% of its time, talent, and profits to charitable efforts.
“It is an honor to be included in such a prestigious list of companies,” commented Susan Stelter, Chief People Officer and one of West Monroe's co-founders. “At West Monroe, we believe in using our collective efforts to provide value for our people, our clients, and our communities. That is why Social Responsibility is one of our core values.”