New Report Shows Corporate America Increasingly Competing to be the Most Gay-Friendly
Industry Trends Show Fierce Competition; Benefits Ranging From Domestic
Partner Health Plans to Transgender Protections
WASHINGTON, Sept. 19 /PRNewswire/ -- The Human Rights Campaign today
released a report showing that a record number of the largest U.S.
companies are increasingly competing to expand benefits and protections for
their gay, lesbian, bisexual and transgender employees and consumers. This
year's report, the Human Rights Campaign's fifth annual Corporate Equality
Index, showed an unprecedented 138 major U.S. companies earned the top
rating of 100 percent. That number is up from 101 in 2005, and has grown
ten-fold in four years.
"I am incredibly encouraged and optimistic about the findings in this
report. Companies are not only working to improve their scores, they are
actively competing to be ranked the most inclusive and fair-minded in their
industry," said Human Rights Campaign President, Joe Solmonese. "Leading
companies, which years ago instituted basic equal employment policies, are
accelerating their efforts to expand the range of benefits. This
competition sends a clear message that corporate America is rapidly
becoming a place of fairness for GLBT Americans."
Indeed, this year's report found fierce competition within industries
for the top rating, triggering quick actions to improve company policies
and benefits at many companies. Using the CEI, companies can examine their
scores in absolute terms, but also relative to their competitors. For
example, last year Raytheon Co. was the only member of the aerospace
industry to get a perfect score. This year, however, three of its
competitors also earned 100%. Four other industries saw rapid growth in
companies achieving the top score. A total of eight law firms, five
pharmaceutical companies and five consulting houses all reached 100 percent
for the first time in 2006. And, while in 2005, two major auto companies
achieved the top rating, this year, that number doubled to four.
"CEOs are very much aware of their score and its impact on their
business. They know that a top score means a healthier work environment,
greater productivity, and the ability to recruit top talent. They also know
that a bad score will hurt their bottom line," Solmonese added.
In all of the policy and benefits areas that were measured, the report
reveals double digit increases in the number of companies adhering to the
criteria. Among the companies surveyed in the new report, this year:
* 75 percent more companies than in 2005 prohibited discrimination against
transgender employees in employment practices
* 64 percent more companies than in 2005 implemented at least one wellness
benefit for transgender employees
* 35 percent more companies than in 2005 extended COBRA, vision, dental
and dependent medical coverage to employees' same-sex domestic partners
* 14 percent more companies than in 2005 engaged in philanthropic or
marketing activities directed toward the GLBT community
Almost all of the companies rated -- 436 or 98 percent -- include
sexual orientation in their non-discrimination polices.
"Corporations are rapidly adopting a more complete vision of fairness
for GLBT employees in policy and practice," said Daryl Herrschaft, Director
for HRC's Workplace Project and author of the report. "These findings
reflect a common desire in organizations today to move at a heightened pace
to implement fair and equal policies for GLBT employees and then work to
publicize their achievements."
Three companies received a score of zero on the report. They are: oil
giant, ExxonMobil, grocery chain Meijer Inc, and high-tech consulting firm
Perot Systems. None of these companies offer even the most minimal benefits
or workplace protections to their gay, lesbian, bisexual and transgender
employees.
The analysis released today covers 446 companies. The report includes
surveys from Fortune 1000, Standard & Poor's 500, Forbes' list of the 200
largest privately held firms, the American Lawyer 100, and any other
company with 500 or more employees that requested a rating or for which HRC
had sufficient data to derive a score.
The Human Rights Campaign not only tracked the progress of companies,
it was actively involved in improving corporate scores. For the past
several years, the Human Rights Campaign's Workplace Project has worked
with hundreds of executives of small, medium and large businesses as well
as with GLBT employees to provide on-site training on fair policies and
provide pertinent cutting-edge research that helps businesses learn best
practices, successful models and the positive results created by
implementing these policies in their workplace.
The 2006 HRC Corporate Equality Index rated companies on a scale of 0
percent to 100 percent on several factors, including whether they have a
written non-discrimination policy covering sexual orientation; support
transgender employees with written non-discrimination policies and
benefits; offer inclusive health insurance, bereavement, and family leave
policies to employees with same-sex partners; offer diversity training;
have GLBT employee groups; engage in appropriate and respectful advertising
to the GLBT community; contribute to GLBT community organizations; and
decline to engage in any activities that would undermine the goal of equal
rights for lesbian, gay, bisexual and transgender people.
A copy of the report and all ratings can be found at
http://www.hrc.org/cei
The Human Rights Campaign is the largest national lesbian and gay
political organization with members throughout the country. It effectively
lobbies Congress, provides campaign support and educates the public to
ensure that lesbian, gay, bisexual and transgender Americans can be open,
honest and safe at home, at work and in the community.
SOURCE Human Rights Campaign
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