Female executives are making progress in the workplace by gaining seats on the board and earning higher pay, particularly at these companies.
Women now comprise 40% of the highest earners on the 2015 list of Top 50 Companies for Executive Women, released by the National Association for Female Executives (NAFE) on Tuesday, an increase from 35% last year.
"These companies are the gold standard for promoting and advancing women," said Subha Barry, vice president and general manager at Working Mother Media, which includes NAFE.
On average, women make up 51% of the workforce at the 50 companies, a figure that hasn't budged since 2013, according to NAFE. Women in executive roles at these companies dipped to 27%, while the percentage of females holding senior manager positions ticked up to 37% in 2015.
More women are in the board room as the percentage of women-occupied seats increased to 29%.
The companies that made the list are large companies with at least two female board members. They have various workplace programs for women, and all of them offer executive coaching programs and network groups, according to NAFE.
Percentage of each group who are women
Organization name▼▲
Total employees▼▲
Corporate executives▼▲
Top 10% of earners▼▲
NOTE: NAFE uses an algorithm that combines female workforce representation and advancement programs to come up with the list. To be considered, businesses have to complete an application of more than 200 questions about their workforce representation along with their implementation and use of programs that encourage female career development. Eligible companies must have 1,000 or more employees and at least two women on its board of directors.