Abbott Named No. 5 to DiversityInc's Top 50 Companies for Diversity list
11 April 2005 - 8:00PM
PR Newswire (US)
Abbott Named No. 5 to DiversityInc's Top 50 Companies for Diversity
list ABBOTT PARK, Ill., April 11 /PRNewswire/ -- By establishing a
commitment from senior management, providing diversity training for
employees, creating networking groups like Women Leaders in Action
(WLA) an internal networking group, founded and led by women in top
management, Abbott embraces an inclusive culture that has been
named No. 5 on the annual list of the "Top 50 Companies for
Diversity," from DiversityInc's magazine. In order to achieve that
recognition, Abbott is working to create an environment and a
culture that embraces diversity and makes all our employees feel
comfortable, regardless of their gender, cultural background and
individual beliefs. As a global health care leader and one of the
Chicago area's largest employers, Abbott is one of only two
pharmaceutical companies to make the list. The complete list of
rankings will appear in the magazine's June issue. "Diversity and
inclusion are critical to Abbott's business. Hiring and advancement
of the best talent and a diverse employee base is a strategic
priority. Women represent 39 percent of the management population
and 17 percent of the management population at Abbott are
minorities," said Tom Wascoe, senior vice president, human
resources, Abbott. "This long-term commitment to workplace
diversity ensures that our employees represent and have diverse
experiences, viewpoints, cultures and backgrounds to help us solve
some of the most complex diseases and problems in medicine today."
In this year's ranking, Abbott was specifically recognized on
DiversityInc's specialty lists as No. 1 on "Best Companies for
Executive Women," No. 3 on "Best Companies for Recruitment and
Retention for Women and Minorities," No. 6 for Asians and No. 7 for
Latinos. About DiversityInc DiversityInc's annual list of "50 Top
Companies for Diversity" appears in the magazine's June issue,
which is available at newsstands on May 31. The list is now
available on its Internet site, http://www.diversityinc.com/ . This
year the number of entries doubled with 203 companies participating
in the survey. Criteria for selecting companies is based on a
detailed questionnaire, which measures such factors as: CEO
commitment, human capital, corporate communications (internal and
external) and supplier diversity. About Abbott Abbott has received
several other awards for its employee programs, including
recognition as one of the "100 Best Companies for Working Mothers"
by Working Mother magazine in 2004. In addition, FORTUNE magazine
has named Abbott as one of the best companies in the country for
its diversity practices and initiatives, including seven straight
years in the publication's "50 Best Companies For Minorities"
rankings. FORTUNE also has named Abbott as one of "America's Most
Admired Companies" every year since the list's inception in 1983.
Abbott is a global, broad-based health care company devoted to the
discovery, development, manufacture and marketing of
pharmaceuticals and medical products, including nutritionals,
devices and diagnostics. The company employs more than 60,000
people and markets its products in more than 130 countries.
Abbott's news releases and other information are available on the
company's Web site at http://www.abbott.com/ . DATASOURCE: Abbott
CONTACT: Julie Ferguson of Abbott, +1-847-936-6116 Web site:
http://www.abbott.com/ Company News On-Call:
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