This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Allstate Named One Of 2014 'Best Companies For Multicultural Women' By Working Mother

NORTHBROOK, Ill., May 13, 2014 /PRNewswire/ -- Allstate has been named one of the 2014 " Best Companies for Multicultural Women" by Working Mother magazine—an honor that recognizes the 25 U.S. corporations that create and use best practices in hiring, retaining and promoting women of color.
Allstate logo.

The Working Mother Research Institute has conducted the study since 2003, evaluating how multicultural women are represented at every level of management and decision making at companies that apply for inclusion on the list.

"Inclusive diversity and creating professional development opportunities for women of color continues to be a core business value for Allstate because it improves our ability to attract, retain and develop the best and brightest of our industry," said Michael Escobar, vice president, chief diversity & organization effectiveness officer for Allstate. "It also improves our ability to understand our customers better and deliver products and services they want."

Carol Evans, president of Working Mother Media, says, "The Best Companies for Multicultural Women are leaders in building an inclusive culture so that women of color can thrive and lead. We are proud of the policies and programs these winning companies support. Creating a culture of inclusion and authenticity is essential for all companies that want to have access to the top talent needed to drive their business." Key findings of the 2014 Working Mother report can be found on

Here are some highlights:At the 2014 Best Companies for Multicultural Women, 9% of the executives reporting directly to the CEO are women of color, up from 5% last year. Multicultural women represent 12% of the Best Companies' top earners (defined as those among the top 20% of earners at the company); last year this number was 10%.

Representation of multicultural women at the senior manager level (8%) and corporate executive level (4%) each increased a percentage point in the past year. Multicultural women received 13% of all promotions to manager and above, down from 15% in 2013.2014's Best Companies employ more than 2.7 million workers with almost 32,000 worksites across 50 states in the following 7 industries: Consumer Products, Financial Services, Hospitality, Insurance, Professional Services, Retail and Technology. Multicultural women make up 20% of total employees at the Best Companies while multicultural men represent 18%.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs