Bon Secours Mercy Health (BSMH) has received two prestigious national recognitions for its commitment to supporting, developing and promoting women leaders throughout its health system that spans seven states and includes 50 hospitals and 60,000 employees.
Seramount, a strategic professional services and research firm dedicated to advancing diversity, equity and inclusion in the workplace, recently named BSMH a “Top 10 Company for Executive Women” and a “Best Company for Multicultural Women” for 2022.
2022 Top 10 Company for Executive Women
The Top 10 Company for Executive Women award celebrates companies that champion women’s advancement, with a focus on succession planning, profit-and-loss roles, gender pay parity, support programs and flexibility programs.
“We’re honored to be recognized by Seramount as a Top 10 Company for Executive Women,” said Nicole Martel, vice president of benefits, well-being and associate health for Bon Secours Mercy Health. “Our ministry has an ongoing commitment to providing benefits and services, such as our paid parental leave, industry-leading comprehensive education benefits and Be Well program that supports and empowers women and all employees across our organization to continue to grow and prosper – both in their careers and individually.”
Female leaders represent more than 51 percent of Bon Secours Mercy Health top leaders responsible for leading and establishing key components of the health system’s strategy.
The Top 10 Companies for Executive Women are as follows (in alphabetical order): AbbVie, Bon Secours Mercy Health System, Dechert LLP, Estée Lauder Companies, FleishmanHillard, General Mills, Johnson & Johnson, L’Oréal USA, Nationwide and Zoetis Inc. The full list of companies can be found here.
Highlights of the 2022 Best Companies for Executive Women list:
- The percentage of women corporate executives increased one percentage point to 35 percent versus 34 percent in 2021. Female board of directors also increased two percentage points to 38 percent from 36 percent in 2021.
- Forty-five percent of the top 20 percent of highest-paid employees are women, up from 41 percent in 2021.
- The percentage of female corporate executives with P&L responsibilities has remained the same year over year at 30 percent.
- Eighty-nine percent of winning companies hold managers accountable for hiring and advancing women, compared to 81 percent in 2021. The most prevalent means are through performance reviews and bonus compensation.
- Seventy-five percent of the Top 75 Companies for Executive Women offer formal sponsorship, up from 68 percent in 2021.
- Seventy-two percent compensate managers for DEI results (including women’s representation), up from 55 percent in 2021.
2022 Best Companies for Multicultural Women
The Best Companies for Multicultural Women list recognizes those committed to advancing the careers of BIPOC and multicultural women in the workplace.
“Our ministry remains committed to advancing the careers of all women in our organization,” said Odesa Stapleton, chief diversity and inclusion officer for Bon Secours Mercy Health. “As a best company for multicultural women, we believe our commitment to diversity, equity and inclusion strengthens our organization by helping us better connect to our patients, communities, partners and each other. We will continue to affect sustainable change in the areas of diversity and inclusion.”
Highlights of the 2022 Best Companies for Multicultural Women list:
- Multicultural women (MCW) represented 24 percent of the workforce (vs. 20 percent last year).
- There has also been progress at two significant levels: senior managers, the pipeline into the top level (corporate executives), and managers, one level below.
- MCW represented 12 percent of senior managers (vs. 11 percent last year), and in the Top 10 Companies, they represented 15 percent of senior managers (vs. 10 percent last year).
- MCW represented 18 percent of managers (vs. 15 percent last year). For the Top 10 Companies, MCW represented 21 percent of managers (vs. 16 percent last year.)
- MCW women also represented 14 percent of the top 20 percent of the highest earners (vs. 10 percent last year) and 16 percent of the highest earners for the Top 10 Companies (vs. 11 percent last year).
The full list of Best Companies for Multicultural Women can be found here.
