NEW YORK, NY, May 8, 2018 — OppenheimerFunds was named one of the Best Companies for Multicultural Women by Working Mother magazine. The honor recognizes U.S. companies that create and use best practices in hiring, retaining and promoting women of color.
The winners were selected based on their answers to an extensive questionnaire covering representation; hiring, attrition and promotion rates; recruitment, retention and advancement programs; and company culture.
“Diversity is a major element of our workplace culture and a competitive advantage that helps us better respond to the evolving needs of our clients while fostering innovation,” said Andy Doyle, Chief Human Resources Officer at OppenheimerFunds. “We are honored to have been recognized again by Working Mother magazine as a top employer for multicultural women.”
OppenheimerFunds’ employees are able to connect with the diverse experiences of colleagues by joining the firm’s Business Resource Groups, which include the Asian Professionals Network, Black Professionals Network; Disabilities Network, Latino Professionals Network, LGBTQ+ Network, Military Network, and Women’s Network.
OppenheimerFunds was named one of the Best Places to Work for LGBTQ Equality by the Human Rights Campaign for scoring 100% on its 2018 Corporate Equality Index and has been recognized as a Great Place to Work® by Fortune and a Best Place to Work in Money Management by Pensions & Investments. OppenheimerFunds’ parental leave policies were highlighted by Working Mother magazine’s 100 Best Companies list.
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OppenheimerFunds, Inc., a leader in global asset management, is dedicated to providing solutions for its partners and end investors. OppenheimerFunds, including its subsidiaries, manages more than $249 billion in assets for over 13 million shareholder accounts, including sub-accounts, as of April 30, 2018.
Founded in 1959, OppenheimerFunds is an asset manager with a history of providing innovative strategies to its investors. The firm’s 16 investment management teams specialize in equity, fixed income, alternative, multi-asset, and factor and revenue-weighted-ETF strategies, including ESG as a signatory of the UN PRI. OppenheimerFunds and its subsidiaries offer a broad array of products and services to clients, who range from pensions and endowments to financial advisors and individual investors. OppenheimerFunds and certain of its subsidiaries provide advisory services to the Oppenheimer family of funds, and OFI Global Asset Management offers solutions to institutions. The firm is also active through its Philanthropy & Community initiative: 10,000 Kids by 2020, reaching children with introductions to math literacy programs.
About Working Mother
Working Mother Media (WMM), a division of Bonnier Corporation (bonniercorp.com), publishes Working Mother magazine and its companion website, workingmother.com. The Working Mother Research Institute (workingmother.com/wmri), the National Association for Female Executives (nafe.com) and Diversity Best Practices (diversitybestpractices.com) are also units within WMM. WMM’s mission is to serve as a champion of culture change. Working Mother magazine is the only national magazine for career-committed mothers. Follow us on Facebook, Twitter, LinkedIn and Pinterest.