Prudential's support of women
Prudential maintains a long-standing commitment to diverse groups, including women. We actively seek out employees, vendors and business associates from a diverse pool of accomplished professionals to build on Prudential's respected name in the financial services industry.
Today's generation of women are confident, independent and high achieving. These qualities are attributes that we greatly value here at Prudential. Reflecting our commitment to helping all individuals build financial strength so they may have a brighter, more secure future, Prudential supports organizations and initiatives that help meet the needs of women and empower them to reach their full potential.
We strive to make Prudential an employer of choice through initiatives that support, inform, develop and increase the awareness and sensitivity of our current workforce. Prudential's commitment to establishing a supportive and diverse workplace for women throughout all levels of the company has been recognized by Diversity Inc., The National Association for Female Executives, The Network Journal and Working Mother, among others.
Employee support & development
Women Unlimited (WU)
Since 1995, Prudential has partnered with WU, a nationally recognized organization focused on developing
high-potential women in Fortune 1000 corporations. WU organizes several mentoring and development programs that employees throughout Prudential participate in throughout the year. They include:
Transforming Emerging and Aspiring Managers (TEAM), for high-potential women with two or fewer years of supervisory experience.
Leadership Education and Development (LEAD), for high-potential women with a minimum of seven years of managerial experience.
Forums for Executive Women (THE FEW), for women executives from the highest levels of their companies' hierarchy.
Networking Enhances Women's Success (NEWS)
Established in 2004, NEWS provides networking opportunities for senior female professionals at Prudential and encourages them to help other women in the organization succeed, using best practices from effective women's networks at other companies.
Women in Finance (WIF)
WIF fosters leadership and career management skills and financial independence in women by offering workshops and networking opportunities throughout Prudential. The organization also helps women in need by raising awareness of women's charitable organizations.
Women's Leadership Forum (WLF)
Prudential sponsors WLF, which promotes an inclusive environment that celebrates, encourages and challenges women to embrace their full potential. The program provides opportunities for individuals to develop specific leadership skills and to connect with others, both internally and externally, in meaningful ways. Established in 2004, Women's Leadership Forums are now located at five sites throughout Prudential.
Recruitment & professional development
Global Business & Technology Solutions - Early Talent Identification Program (ETIP)
As part of its Early Talent Identification Program, Prudential's Global Business & Technology Solutions business unit supports and fosters relationships with the Girl Scouts of Northern New Jersey and the Cristo Rey Network of Schools Newark location, to source diverse talent to the organization and encourage young people to pursue careers in IT. Seventeen percent of GBTS's 2014 summer interns were sourced through the ETIP.
Women in Insurance and Financial Services (WIFS)
As the preeminent professional organization for women in the financial services industry, WIFS is dedicated to attracting women to the financial services sector, helping them develop their talents and advancing them toward their fullest potential.
The Office of Diversity & Inclusion is a sponsor of the following annual multicultural conferences:
2014 Multicultural Women's National Conference
Sponsored by Working Mother Media, this conference is an annual gathering of high-achieving, high-potential women from all races and ethnicities who come together to explore and leverage their strengths for workplace success. This two-day national conference deepens the conversation about race and gender in the workplace, attracting hundred of attendees from major corporations, and honors the Working Mother Best Companies for Multicultural women.
LATINA Style 50 Awards & Diversity Leaders Conference
LATINA Style, a magazine addressing the needs of professional Latinas in the United States, hosts this annual event recognizing the top 50 companies that provide the best opportunities for professional Latinas in the workplace. Last year, Prudential placed #8 on their top 50 listing.
Every day Prudential works hard to ensure that our business partners, intermediaries and our consumers understand that diversity and inclusion informs our business strategies and how we connect with and market to our diverse audiences. To do this, we focus our energies on bridging the gap of financial information and increasing access to financial products and services for all customers, including women.
Our Office of Diversity & Inclusion plays an important role in helping us do this by connecting Prudential to women markets. This enables us to forge new and mutually beneficial relationships. We also work with the Women's Business Enterprise National Council (WBENC) to hire women-owned vendors, as a part of our Vendor Diversity Program.
Prudential and many of its senior leaders actively support organizations and sponsor events focused on empowering, supporting, and developing women leaders. We are proud of our strategic relationships with The Center for Women in Law at the University of Texas, Leadership Council on Legal Diversity and the Women's Bond Club in New York.
Other key organizations and events that allow Prudential to connect with women include:
Odyssey Business Conference for Women
For the past 15 years, Prudential has been a strategic partner and title sponsor of Odyssey's Business Conference for Women, which brings like-minded, multi-cultural women together to network. The conference provides the right balance of workshops, business sessions and personal activities that allow women to reflect, refuel and return from their Business Retreat ready to face another year.
NY Women in Communications (NYWIC)
Each year Prudential sponsors the NYWIC Annual Matrix Awards, which honors the extraordinary achievements of outstanding women in the communications industry.
Circle of Sisters
Since 2005, Prudential has sponsored this annual event. Circle of Sisters is sponsored by WBLS-FM and
WLIB-AM. WBLS (107.5 FM) is the premiere African American Station in the New York area. Some of its top-rated shows include The Steve Harvey Morning Show. WLIB (1190 AM) is the powerhouse 24-hour Gospel, Praise, and Inspiration station, featuring on-air talent that includes Yolanda Adams, Bishop Hezekiah Walker, James Fortune and Morgan Dukes. Circle of Sisters hosts a variety of speakers, authors, seminars, inspirational services, R&B and gospels concert in addition to the more than 200 vendors and companies selling unique items and services.
Re: Gender (formerly National Council for Research on Women)
Prudential supports Re: Gender, an organization that works to end gender inequity and discrimination against girls and women by exposing root causes and advancing research-informed action.
Prudential supports ColorComm, the only membership networking organization exclusively for women of color in the vast field of communications.
National Coalition of 100 Black Women
The National Coalition of 100 Black Women is a nonprofit volunteer organization for American women. Its members address common issues in their communities, familiesand personal lives, while promoting gender and racial equity.
Women's President's Organization (WPO)
Since 2007, Prudential has sponsored WPO's annual international conference. WPO is the premier membership organization for women president's and CEOs of privately held, multi-million dollar companies. There are currently 110 chapters in the United States, with global chapters in Canada, United Kingdom, Peru, Mexico, Turkey, Middle East, North Africa, Australia, New Zealand, and South Africa.
Family Circle Cup
Since 2002, Prudential has been a sponsor of Family Circle Cup's annual tennis event to reach women across multiple marketing platforms. The Family Circle Cup is the largest women's only tennis event in the United States. Since 1973, the Family Circle Cup has been a pioneer in women's professional sports, creating milestones that over the years have directly influenced the popularity of women's professional tennis.
Step Up Women's Network
Step Up is a women's membership network that supports girls from under-resourced communities to fulfill their potential by empowering them to become confident, college-bound, career-focused, and ready to join the next generation of professional women.
Prudential understands the benefits of building genuine and long-term committed relationships with diverse partners, including third-party asset managers, banks and suppliers. We also seek diverse public, private and nonprofit sector partners to promote financial and social mobility for underserved populations through impact investments and strategic grant making. It is by working with a wide range of partners and suppliers, including those that are owned and operated by women, that we gain a full understanding of markets and of how we can help others.
Prudential believes that a key part of building these relationships is to provide business expertise. The company's female executive leaders demonstrate their commitment to local communities by holding board member and other leadership positions within nonprofit organizations, such as NJ Leep, Pro Bono Partnership, Liberty Science Center, National Council of La Raza, Newark Alliance, Princeton Ballet, Choose New Jersey and Girls Inc.
Whether through sponsorships, partnerships or executive skills-based volunteering, Prudential invests in community-building to provide women with personal, professional and economic empowerment opportunities:
Partnership for Women and Justice
Prudential is one of several companies that sponsor events throughout the year for this nonprofit organization which empowers low-income and abused women to build safe and secure futures for themselves and their children by providing equal access to legal assistance.
Women in Military Service for America Memorial
This year, Prudential's Group Insurance division donated to the Women's Memorial located at the ceremonial entrance to Arlington National Cemetery, where Group Insurance held the 40th Anniversary luncheon for Servicemembers Group Insurance, a program that provides low-cost term life insurance to eligible servicemembers.
Prudential Health and Wellness Collaboration:
Last year, Prudential partnered with Rutgers University, NJ Coalition for Battered Women, Corporate Alliance to End Partner Violence (CAEPV), NO MORE and many other sponsors to host a community symposium called, "Domestic Violence: How Workplaces Get Hurt and How They Can Help." Prudential's HR department delivered presentations to 270 HR, Management and other workplace leaders with results, including a plan to work toward annual replication and delivery in other regions.