Allstate is one of the top 10 best companies for executive women in the country according to The National Association of Female Executives (NAFE). Thirty companies were named to this list recognizing companies for their exemplary programs that promote the advancement of women in leadership positions. Allstate is the only Illinois-based company to be recognized with this distinction.
"Allstate appears on the NAFE Top 30 Companies for Executive Women list for the 5th time this year, once again demonstrating a serious commitment to the success of its women,” said Dr. Betty Spence, NAFE president. “The company's focus on manager accountability--through compensation--for women's advancement, and its board of directors reviewing succession plans for gender equity are two programs that will ensure Allstate continues as an employer of choice for women."
Joan M. Crockett, senior vice president, human resources, was one of the first women to join the Allstate senior management team more than 12 years ago and has seen women take on more key functions over time. “Women continue to assume leadership roles within our organization,“ said Crockett. “They are asked to lead critical business functions with a direct impact on our customers and the bottom line. We understand that diversity drives performance and innovation, and we encourage it at all levels of our company.”
Supporting the success of women in the workplace has been at the heart of Allstate’s commitment to a high-performance culture for many years. In 1942, the company introduced sales training courses for women, and over the years added new opportunities in continued education for all employees. The company also has succession plans in place to ensure that women participate in leadership and management training, and preparing them for advancement within the organization.
To be named to the NAFE Top Companies for Executive Women, companies with a minimum of two women on the board completed a comprehensive application that focused on the number of women in senior ranks (compared to men and to the company population), including questions about the programs and policies which support women's advancement.
To view the entire list of companies being recognized please visit www.nafe.com.
The Allstate Corporation (NYSE: ALL) is the nation’s largest publicly held personal lines insurer. Widely known through the “You’re In Good Hands With Allstate®” slogan, Allstate helps individuals in approximately 17 million households protect what they have today and better prepare for tomorrow through approximately 14,800 exclusive agencies and financial professionals in the U.S. and Canada. Customers can access Allstate products and services such as auto insurance and homeowners insurance through Allstate agencies, or in select states at www.allstate.com and 1-800 Allstate®. Encompass® and Deerbrook® Insurance brand property and casualty products are sold exclusively through independent agents. The Allstate Financial Group provides life insurance, supplemental accident and health insurance, annuity, banking and retirement products designed for individual, institutional and worksite customers that are distributed through Allstate agencies, independent agencies, financial institutions and broker-dealers.