Principal Financial Group ® has once again been named one of the 2014 “NAFE Top Companies for Executive Women” by the National Association for Female Executives (NAFE), which honors American corporations that identify and promote successful women. “ NAFE sees some good news from our analysis of companies where women succeed,” says Dr. Betty Spence, NAFE President. “Women at these companies are reaching a critical mass where they can support, sponsor, and advance their female colleagues, and as a result, we see a measurable increase in the number of women running operations. We expect this trend to continue.” Compared with last year’s data:
- The percentage of women who are top earners at winning companies has grown to 28 percent in 2014 from 25 percent.
- The number of female corporate executives with profit and loss responsibility has increased from 19 percent to 22 percent
- Women in the Top Companies who are responsible for at least one billion dollars in revenue per year has increased from 23 percent to 26 percent.
- Sixty percent of the Top Companies now offer sponsorship programs compared with 42 percent in 2013.