FEATURES
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Posted Mar 13, 2009
 More than any company we know, Johnson & Johnson embodies ethical values. The company's employees base their decision making on the company credo, which emphasizes the importance of serving its customers, employees, communities and stockholders fairly and equitably. Johnson & Johnson's rise on the DiversityInc Top 50 list is indicative of its increased commitment to diversity and using diversity specifically as a competitive business advantage. |
 In all four areas measured on the DiversityInc survey, this company is outstanding. Chairman and CEO William C. Weldon gets a perfect score for diversity commitment, including meeting regularly with employee-resource groups, having the chief diversity officer as a direct report, and having had a senior position on a nonprofit tied to a multicultural group since he served on the Sullivan Commission on Diversity in the Health Professions Work Force. More than 6 percent of the bonuses of his direct reports are tied to diversity results. In addition, Johnson & Johnson has a very diverse board of directors: 9 percent Black, 9 percent Asian, 9 percent Latino and 27 percent female.
In the human-capital sector, Johnson & Johnson has a perfect score on work/life benefits and on benefits it offers to same-sex domestic partners of employees. Both its work-force and management populations reflect the demographics of the communities it serves in the United States. The company is particularly strong for women executives; women were 31 percent of the most senior-level executives (CEO and direct reports) and 47 percent of the company's top 10 percent highest-paid employees.
In the corporate and organizational communications area, Johnson & Johnson is one of the strongest companies we've ever seen. It has excellent employee-resource groups, which are becoming even more valuable to the company under Vice President and Chief Diversity Officer Anthony Carter, and include a group for employees of Middle Eastern and North African heritage.
Even in these difficult economic times, the company's credo mission to serve its community remains very strong. This is emphasized by its supplier diversity, which includes sponsoring business-school programs for key diverse suppliers, and sponsoring memberships and other professional development for diverse suppliers, such as its participation in the National Minority Manufacturing Institute. |
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William C. Weldon, Chairman and CEO
"Diversity and inclusion are part of the fabric of our businesses and are vital to our future success worldwide. The principles of diversity and inclusion are rooted in Our Credo and enhance our ability to deliver products and services to advance the health and well-being of people throughout the world. We cannot afford to reduce our focus on these critical areas in any business climate." |
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Anthony Carter, Vice President and Chief Diversity Officer
"In the face of current economic conditions, we remain committed to advancing our pursuit of growth and bringing our caring touch to more people around the world. These commitments require that we continue driving our diversity-and-inclusion goals forward, helping to ensure that we stay competitive in the global marketplace, further the development of our leaders, and remain an attractive company for talent." |
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Specialty Lists
- No. 4 in The DiversityInc Top 10
Companies for Recruitment & Retention
- No. 5 in The DiversityInc Top 10
Companies for Asian Americans
- No. 2 in The DiversityInc Top 10
Companies for Executive Women
- No. 10 in The DiversityInc Top 10
Companies for LGBT Employees
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Industry
Pharmaceuticals, Consumer Products, Medical Devices
Main Competitors
Merck & Co., Novartis, Procter & Gamble
U.S. Headquarters
New Brunswick, N.J. |
Number of U.S. Employees
40,799
Annual Revenue
$61.1 billion
% of Operations Outside U.S.
58 |
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