Assurant named one of The Times Top 50 Employers for Gender Equality 2024

Rhea-AI Summary

Assurant has been named one of The Times Top 50 Employers for Gender Equality 2024, highlighting its dedication to gender equality in the workplace. This recognition, awarded by Business in the Community (BITC), evaluates companies on various criteria including flexible working, family-friendly policies, and pay equity. Despite progress, gender inequalities persist, exacerbated by economic disruptions such as the pandemic and rising living costs. Assurant's inclusion in this prestigious list underscores its commitment to fostering a fair and inclusive work environment.

Positive

• Assurant has been recognized as one of The Times Top 50 Employers for Gender Equality 2024.
• The award enhances Assurant's reputation for promoting gender equality in the workplace.
• Recognition by Business in the Community (BITC) underscores Assurant’s effective policies on pay equity, flexible working, and career progression.

Negative

• Despite recognition, the PR highlights ongoing gender inequalities in the workplace due to economic disruptions such as the pandemic and rising living costs.

LONDON--(BUSINESS WIRE)-- Assurant has been listed as one of The Times Top 50 Employers for Gender Equality 2024 for its commitment to making gender equality a priority in the workplace. The Times Top 50 Employers for Gender Equality is the UK’s most highly profiled and well-established list of employers taking action and making gender equality part of their business strategy at all levels. While progress has been made to reduce inequalities in the workplace, gender inequalities are still prevalent in UK workplaces today, especially in times of economic disruption, such as the aftermath of the pandemic and the rise in the cost of living.

Business in the Community (BITC) has been running The Times Top 50 for 14 years, as part of its Gender Equality work, which focuses on equality for all genders and those who do not identify as a gender. The organisations featured in the list have taken a proactive approach to stamp out inequalities in their workplaces by creating action plans to address disparities ranging from pay to progression.

Applicants were assessed on the work they do to remove gender inequalities in the workplace, including flexible working, family friendly policies, pay, reward, and progression at work.

Christian Formby, Assurant President Europe, said:

"We are thrilled to be named one of The Times Top 50 Employers for Gender Equality. This recognition is a testament to our commitment to creating a fair and inclusive workplace for all our employees. We continue to strive for gender equality and to make it a priority in all aspects of our business."

Charlotte Woodworth, Gender Equality Director at Business in the Community, said:

“Being named as a Times Top 50 employer for gender equality demonstrates Assurant’s commitment to driving a more equitable, inclusive world. But while the employers who made the list are doing great work prioritising gender equality, there is still more work to do. From addressing pay disparities to better supporting those with caring responsibilities, many employees, women among them, still face barriers to finding employment and progressing in their careers. It is every employer’s responsibility to play their part in reducing and removing gender inequalities from the workplace, and research shows this isn’t just the right thing to do, it also makes business sense.”

ENDS

Notes to editor

About Assurant

Assurant, Inc. (NYSE: AIZ) is a leading global business services company that supports, protects and connects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world’s leading brands to develop innovative solutions and to deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products and other products. Learn more at assurant.com.

About Business in the Community

Business in the Community is the UK’s largest and most influential responsible business network dedicated to building a fairer and greener world together, supported by His Majesty the King for over 40 years. We inspire, engage and challenge purposeful leaders to take practical action to mobilise their collective strength as a force for good in society.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240620585004/en/

Media Contact:

Lorraine Doherty

Director, International Communications

lorraine.doherty@assurant.com

Source: Assurant

FAQ

What recent recognition did Assurant receive for gender equality?

Assurant was named one of The Times Top 50 Employers for Gender Equality 2024.

What criteria were used to evaluate Assurant for the gender equality recognition?

Assurant was evaluated based on its actions in flexible working, family-friendly policies, pay equity, and career progression.

Who awarded Assurant the recognition for gender equality?

The recognition was awarded by Business in the Community (BITC).

What factors exacerbate gender inequalities in the workplace according to the PR?

Economic disruptions, including the pandemic and rising living costs, exacerbate gender inequalities in the workplace.

How does Assurant’s recognition impact its reputation?

The recognition as a top employer for gender equality enhances Assurant’s reputation for promoting a fair and inclusive workplace.