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September 15, 2017

The best workplaces for women, according to Fortune

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Fortune on Thursday named the 100 Best Workplaces for Women, ranking health system Texas Health Resources as No. 1.

Methods

For the rankings, researchers surveyed more than 400,000 employees at organizations certified by Great Place to Work about factors that contribute to a strong team at work and a "great career," Fortune's Jessica Rohman and Tabitha Russell write. Organizations had to employ a minimum of 50 women for consideration on the list.

Make the business case for employee engagement

The researchers ranked the organizations based on four measures, including:

1) How well women rated their organizations based on more than 50 metrics defining a great place to work, such as ethical leadership, positive workplace culture, and benefits;
2) How women's results on all survey questions compared with those of their male peers, particularly for factors where women have traditionally lagged behind men, such as leadership access and professional recognition;
3) Whether women were treated consistently across an organization, no matter their position or the nature of their role; and
4) How well women were represented in the organization overall, and in the organization's management and executive leadership teams.

Health care organizations that made the cut

Advisory Board members who made the list included:

1. Texas Health Resources (Arlington, Texas)
11. Methodist Le Bonheur Healthcare (Memphis)
25. Atlantic Health System (Morristown, New Jersey)
28. Scripps Health (San Diego)
30. Stryker (Kalamazoo, Michigan)
46. Baptist Health South Florida (Coral Gables, Florida)
55. Miami Children's Health System (Miami)
60. CHG Healthcare Services (Salt Lake City)
63. Yale-New Haven Hospital (New Haven, Connecticut)
69. Genentech (South San Francisco)
70. St. Jude Children's Research Hospital (Memphis)
76. Southern Ohio Medical Center (Portsmouth, Ohio)
86. BayCare Health System (Clearwater, Florida)
91. Novo Nordisk (Plainsboro, New Jersey)
92. OhioHealth (Columbus, Ohio)
100. Children's Healthcare of Atlanta (Atlanta)

Other health care organizations on the list include the American Heart Association, at 96, and Great Lakes Caring, at 87.

Making a great workplace for women

The researchers in compiling the rankings found that while many companies' efforts to promote gender equity "focus disproportionately on working mothers," women's perception of work-life balance does not have a strong effect on their plans to stay with a company long-term.

Rather, when women are treated as full-time members—regardless of position—they're five times more likely to plan long-term careers with an organization than colleagues who feel differently, Rohman and Russell report. And women who said they made a difference at their company are 27 times more likely to consider their organization a great place to work.

The Best Workplaces for Women also make investments in professional development, Rohman and Russell report. Texas Health Resources, for instance, helps employees earn academic credentials, such as the GED or graduate coursework.

And the experience of women at a given company was a good measure of the experience of other coworkers, particularly younger, lower-ranking, minority, and LGBT employees, Rohman and Russell write. "It turns out that exceptional work cultures for women also produce outstanding workplaces for all employees," Chinwe Onyeagoro, president of Great Place to Work said. "Companies that lead in this way—by emphasizing the daily engagement and long-term buy-in of women—will see better performance from their teams and a stronger slate of leaders to helm their organizations in the future" (Rohman/Russell, Fortune, 9/15; 100 Best Workplaces for Women 2017, accessed 9/15).

Why you're in danger of building the wrong workforce

To succeed in the future, health care organizations will need to provide care in the lowest-cost, most appropriate setting—and to accomplish this, they’ll need a different complement of staff than in the past.

Find out what you need to do to revise your approach—starting from the "outside-in."

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