The American Opportunity Index (AOI) released its review of Fortune 500® companies’ effectiveness at driving career growth for their employees. Western & Southern ranked among the top 100 employers for the second year.
A joint project of the Harvard Business School, Schultz Family Foundation and Burning Glass Institute, the American Opportunity Index is unique in that it “does not rely upon data provided or self-reported by companies.” Scores are calculated using various criteria, including promotions employees received, wages and pay increases, and company culture for more than five million employees from the country’s most successful companies over five years.
“Western & Southern has worked tirelessly to become the ideal place for a career, and the American Opportunity Index has validated that in each of its studies,” said John F. Barrett, chairman, president and chief executive officer of Western & Southern Financial Group.
The AOI ranked 395 Fortune 500® companies based on how well they “maximize their internal talent to drive business performance and individual employee growth.” Companies were evaluated on five metrics – hiring, pay, promotion, parity and culture.
“This achievement recognizes the importance of culture. We believe investing in our associates’ careers is not only key to their success, but also the long-term success of our company,” said Barrett. “We remain committed to providing opportunities for our people to build a rewarding career.”
Western & Southern’s commitment to career growth is further evidenced by its strategic initiatives and other distinctions, which include the Association of Talent Development’s BEST award, Training magazine’s APEX award, Pensions and Investments’ Best Places to Work list, VIQTORY’s Military Friendly Employer designations and Forbes’ America’s Best Employers by State list.
About The American Opportunity Index
The American Opportunity Index is a groundbreaking ranking of how well companies maximize their internal talent to drive business performance and individual employee growth. Unlike most measures of employer performance, the Index is based on real world outcomes, assessing the progress of millions of workers by tracking the progress of their individual careers. The Index measures hiring and promotion practices, pay, race-and-gender parity, and cultural components such as retention and whether companies hire their leaders internally. This ranking is rooted in the belief that when employers enable the full potential of their people—by providing good jobs and opportunities for advancement—their business does better. In recognizing the companies where workers and firms thrive symbiotically, and showing the areas where each company can continue to improve, we seek to spark a new focus on sustainable talent management across American businesses. The American Opportunity Index is a joint project of the Burning Glass Institute, the Managing the Future of Work Project at Harvard Business School, and the Schultz Family Foundation. Explore the Index and see who’s leading the way at: https://americanopportunityindex.org.
From Fortune ©2024 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune 500 are registered trademarks of Fortune Media IP Limited and are used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse the products or services of Western & Southern Financial Group.
A joint project of the Harvard Business School, Schultz Family Foundation and Burning Glass Institute, the American Opportunity Index is unique in that it “does not rely upon data provided or self-reported by companies.” Scores are calculated using various criteria, including promotions employees received, wages and pay increases, and company culture for more than five million employees from the country’s most successful companies over five years.
“Western & Southern has worked tirelessly to become the ideal place for a career, and the American Opportunity Index has validated that in each of its studies,” said John F. Barrett, chairman, president and chief executive officer of Western & Southern Financial Group.
The AOI ranked 395 Fortune 500® companies based on how well they “maximize their internal talent to drive business performance and individual employee growth.” Companies were evaluated on five metrics – hiring, pay, promotion, parity and culture.
“This achievement recognizes the importance of culture. We believe investing in our associates’ careers is not only key to their success, but also the long-term success of our company,” said Barrett. “We remain committed to providing opportunities for our people to build a rewarding career.”
Western & Southern’s commitment to career growth is further evidenced by its strategic initiatives and other distinctions, which include the Association of Talent Development’s BEST award, Training magazine’s APEX award, Pensions and Investments’ Best Places to Work list, VIQTORY’s Military Friendly Employer designations and Forbes’ America’s Best Employers by State list.
The American Opportunity Index is a groundbreaking ranking of how well companies maximize their internal talent to drive business performance and individual employee growth. Unlike most measures of employer performance, the Index is based on real world outcomes, assessing the progress of millions of workers by tracking the progress of their individual careers. The Index measures hiring and promotion practices, pay, race-and-gender parity, and cultural components such as retention and whether companies hire their leaders internally. This ranking is rooted in the belief that when employers enable the full potential of their people—by providing good jobs and opportunities for advancement—their business does better. In recognizing the companies where workers and firms thrive symbiotically, and showing the areas where each company can continue to improve, we seek to spark a new focus on sustainable talent management across American businesses. The American Opportunity Index is a joint project of the Burning Glass Institute, the Managing the Future of Work Project at Harvard Business School, and the Schultz Family Foundation. Explore the Index and see who’s leading the way at: https://americanopportunityindex.org.
From Fortune ©2024 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune 500 are registered trademarks of Fortune Media IP Limited and are used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse the products or services of Western & Southern Financial Group.
