Women at Winning Companies Earned 56 Percent of All Promotions
PHOENIX--(BUSINESS WIRE)--Apr. 3, 2012--
Working Mother magazine today named PetSmart (NASDAQ: PETM) one
of the “Best Companies for Hourly Workers” for 2012, awarding those
employers that have the best policies and programs for promoting women
and a dynamic work life culture. Best Buy, Capital One, Hilton, Marriott
and Target are among some of the companies that made the list.
“We’re proud and honored to be recognized as a great employer for hourly
working mothers,” said PetSmart Chairman and CEO Bob Moran. “Many of our
nearly 50,000 associates are working moms, and we know how important it
is to offer them the flexibility, support and opportunities they need in
order to be successful not just at work, but also at home.”
The survey, conducted by the Working Mother Research Institute, found
that women at the winning companies earned 56 percent of all promotions
from hourly non-manager to non-exempt manager positions. One hundred
percent of the winners offered their hourly workers personal and family
health insurance benefits.
Jennifer Owens, Editorial Director of Working Mother Media, says, “This
year’s Best Companies exemplify best-practices workplaces and cultures
to help female hourly workers thrive. Most of the companies use the
70-20-10 rule: Focus 70 percent of your time on getting on-the-job
experience, 20 percent on developing internal relationships and networks
and 10 percent on formal training.”
Over the last year, the percentage of winning companies with formal
compensation policies to reward managers who help hourly employees
advance more than doubled, to 67 percent from 25 percent. A full 100
percent of the companies offer flexible work arrangements, and 79
percent of full-time hourly employees have access to them. On average,
73 percent of hourly workers at these Best Companies use flextime, up
from 68 percent in 2011.
A majority of the Best Companies offer career advancement opportunities,
including technology training and supervisor/team leader preparatory
training. Nine out of 12 offer mentoring, career counseling and
vocational skills training.
The full results of the WM Best Companies for Hourly Workers report can
be found at workingmother.com/hourly.
Inc. (NASDAQ: PETM) is the largest specialty pet retailer of
services and solutions for the lifetime needs of pets. The company
employs approximately 50,000 associates and operates more than 1,232 pet
stores in the United States, Canada and Puerto Rico, over 192 in-store PetSmart®
PetsHotel® dog and cat boarding facilities and is a
leading online provider of pet supplies and pet care information (http://www.petsmart.com).
PetSmart provides a broad range of competitively priced pet food and pet
products; and offers dog training, pet grooming, pet boarding, PetSmart
Doggie Day Camp SM day care services and pet adoption
services. Since 1994, PetSmart
Charities, Inc., an independent 501(c)(3) non-profit animal welfare
organization and the largest funder of animal welfare efforts in North
America, has provided more than $165 million in grants and programs
benefiting animal welfare organizations. Through its in-store pet
adoption partnership with PetSmart Charities®, PetSmart has
helped save the lives of nearly 5 million pets.
About Working Mother Media
Working Mother magazine reaches 2.2 million readers and is the
only national magazine for career-committed mothers; WorkingMother.com (www.workingmother.com)
gives working mothers @home and @work advice, solutions and ideas. This
year marks the 27th anniversary of Working Mother’s signature research
initiative, Working Mother 100 Best Companies, and the tenth year of the
Best Companies for Multicultural Women. Working Mother Media, a division
of Bonnier Corporation (www.bonnier.com),
includes the National Association for Female Executives (NAFE, www.nafe.com),
Diversity Best Practices (www.diversitybestpractices.com)
and the Working Mother Research Institute. Working Mother Media’s
mission is to serve as a champion of culture change.
Source: PetSmart, Inc.
Michelle Friedman, 623-587-2108
Working Mother Media
Andrea Kaplan, 917-836-2741