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No. 48 Aetna
Posted Mar 13, 2009
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Aetna's progress in the last few years has been outstanding and the company's jump from the 25 Noteworthy list last year to the DiversityInc Top 50 is well deserved. Aetna has a continued emphasis on creating an inclusive work force and ensuring that staff is culturally competent.
Chairman and CEO Ronald Williams chairs the diversity council and meets regularly with employee-resource groups. Of Williams' direct reports, 50 percent are women and 20 percent are Black or Latino.

Aetna has excellent work/life benefits, including strong paid time off for volunteering and community service and subsidized membership in wellness or fitness facilities. The company also has strong benefits for same-sex domestic partners of employees.

The company gets a perfect score for its formal mentoring program and its employee-resource groups have been gaining strength in recent years, with 23 percent of employees now participating in them. The company's groups now include ones for Blacks, Latinos, American Indians, Asian Americans, LGBT employees, women, working mothers, people with disabilities, baby boomers, telecommuters and caregivers.

It also has strong mandatory diversity training called the Aetna Diversity Curriculum. The training uses both internal and external trainers and is held every month for at least a full day.

Aetna's external efforts to help communities and to brand itself as a diversity leader also are commendable. The company gets a perfect score for its diversity presence on its corporate web site and allocates 24 percent of its advertising budget to multicultural media. Additionally, 33 percent of its philanthropic budget is targeted at multicultural communities.
Ronald A. Williams

Ronald A. Williams, Chairman and CEO

"In good times or in bad, Aetna's commitment to diversity never wavers. Our experience has taught us that encouraging diversity in all its aspects leads to better discourse, ideas and more creative solutions for our customers. At Aetna, valuing diversity is both a fundamental belief and strategic advantage."
Raymond Arroyo

Raymond Arroyo, Chief Diversity Officer

"Diversity is embedded into everything we do and is strongly aligned to Aetna's values. Thus, diversity is important to us in good economic conditions, and perhaps even more so during these difficult financial times as we focus on creating value and relevant products and services for unique marketplace segments."

Specialty Lists

  • No. 5 in The DiversityInc Top 10
    Companies for LGBT Employees
  • No. 7 in The DiversityInc Top 10
    Companies for People With Disabilities

Industry

Health Insurance

Main Competitors

CIGNA, United Health Group, WellPoint

U.S. Headquarters

Hartford, Conn.

Number of U.S. Employees

35,260

Annual Revenue

$27.7 billion

% of Operations Outside U.S.

N/A



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