General Motors was just rated among the top companies in the world in terms of gender equality, with GM employment now standing at No. 2 in the U.S. and No. 11 in the world according to one recent study. GM is also the only major auto company ranked in the top 100 in terms of gender equality, and is seen as a top 25 company for multicultural women as well.
Contributing to GM’s high ranking is the company’s Board of Directors, 55 percent of which is female. GM employment also shows that women and minorities make up 40 percent of corporate offices.
The gender equality study was conducted by Equileap, which examined 3,519 companies in 23 “developed economies,” with 98 million employees total represented. Each company was rated on 19 different criteria, such as gender balance in the workforce, gender pay gap, paid parental leave, and anti-sexual harassment policies. Each company is publicly listed and has a market capitalization over $2 billion.
The results were parsed out based on country and sector, with Australia, France, and Sweden ranking as the best-performing countries in terms of gender equality overall. U.S.-based companies made up one-fifth of the top 100 companies, three of which made it into the top 20. The top-ranking U.S. companies included Bank of America in third, General Motors in eleventh, and Johnson & Johnson in seventeenth.
In addition to highlighting gender equality in GM employment, the study also presented a number of important findings, such as:
- Half of companies globally don’t have an anti-sexual harassment policy
- Less than one percent of companies have no pay gap
- The vast majority of companies researched did not provide information of salary differences based on gender
- Women make up just 22 percent of board level positions globally
As the automaker points out, GM employment includes training that addresses sexual harassment, racism, unconscious bias, and both physical and psychological safety.
“As a workplace of choice, it’s our desire to maintain a safe and inclusive environment consistent with values that promote diversity, empathy, innovation and productivity,” GM said in a press release.