The 25 Noteworthy Companies: Getting Ready for Top 50

By Barbara Frankel

Every year, a handful of companies make the move fromThe 25 Noteworthy Companies list to the DiversityInc Top 50 Companies for Diversity list. How do they do this and how are the 25 Noteworthy calculated

These companies are judged by the same criteria as the DiversityInc Top 50, with use of sophisticated SAS software analyzing responses in four equally weighted areas:

Talent Pipeline (workforce breakdown, recruitment,diameter of existing talent, structures)

Equitable Talent Development (employee resourcegroups, mentoring, philanthropy, movement, fairness)

CEO/Senior Leadership Commitment (accountabilityor results, personal communications, visibility)

Supplier Diversity (Percent of Tier I and Tier II spend with minority-, wonen-, LGBT-, disability- and veteran-owned businesses)

The 25 Noteworthy, however, are not necessarily those companies ranked numbers 51-76. Our staff analyzes each company response and assesses overall strength in the four areas plus year-to-year progress. This allows us to ascertain which companies that didn’t earn spots on the DiversityInc Top 50 have the potential to make the list the following year.

For example, let’s look at the two companies that moved up from the 2014 Noteworthy list to the DiversityInc Top 50 this year MassMutual Financial Group, No. 46, and Hilton Worldwide, No. 47.

MassMutual, which in recent years has become a visible supporter of LGBT rights, also earned on a spot on The Top 10 Companies for LGBT Employees.

The company recently has created a Gender Transition Guideline that can be a role model for other organizations, and has full transgender health benefits, including gender-reassignment surgery. In addition, MassMutual:

Has a visible supporter in Chairman, President and CEO Roger W. Crandall, who meets regularly with employee-resource groups and chairs the executive diversity council

Has a very diverse Board of Directors the 11-member board has one Asian, one Black, two Latinos and three women

Has excellent numbers for women at all levels, including top management

Hilton Worldwide has undergone a diversity metamorphosis in the last three years, led by President and CEO Christopher J. Nassetta, who also chairs the diversity council. The company:

Has all of the executives in its top three levels serve as mentors

Has every manager involved in its formal mentoring program

Has strongly improved the functions and metrics associated with its employee resource groups, which it calls Team Member Resource Groups. At the end of 2014, Hilton Worldwide reported a 150 percent increase in membership and 36 chapters

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