FEATURES
|
|
Posted Mar 13, 2009
 In its second year on the list, Monsanto Co. demonstrates strong diversity commitment from Chairman, President and CEO Hugh Grant, as well as remarkable community philanthropy in the St. Louis area and beyond. |
 Grant gets a perfect score on our criteria for CEO commitment. He ties 10 percent of his top executives' bonuses to diversity goals and personally chairs the diversity council.
The company has unbiased retention for both its work force and its management, meaning workers are retained at equal levels across racial/ethnic and gender groups. Monsanto gets high marks for its strong work/life benefits, including retirement transition (such as part-time or virtual work), and paid time for volunteering/community outreach or professional-association activities. The company also has excellent benefits for same-sex domestic partners of its employees.
Monsanto's mandatory diversity training called "Building Intercultural Competencies Microinequities" is held every month for a full day with formal follow-up and metrics to assess its success. Both internal and external trainers are used. The company also holds roundtables of employee-network groups to discuss goals and best practices of its groups.
Eighteen percent of its philanthropic budget goes to multicultural organizations, including the Urban League of Metropolitan St. Louis, the UNCF, the St. Louis Public Schools Foundation and Out & Equal. |
|
|
| |
Industry
Manufacturing
Main Competitors
BASF SE, Bayer CropScience, Syngenta
U.S. Headquarters
St. Louis |
Number of U.S. Employees
9,449
Annual Revenue
$11.4 billion
% of Operations Outside U.S.
51 |
 |
|
|
|
|
|
|
