More now than ever, women are working in previously male-dominated fields. And the finance industry is no exception. While working in a traditionally male sphere can be intimidating, companies are making sure to be supportive of female employees by providing the resources they need to excel – whether they're a working mom, a woman facing gender-based biases, or a woman looking for a mentor in a seemingly male-only role.
Companies are now offering flexible hours, in-house childcare, remote work options, and mentorship programs for women looking to work their way up the corporate ladder. But obviously, some are doing a better job than others. We’ve outlined some of the best finance companies for women and explained why our the reviewers on Fairygodboss love working there.
Wealthfront has been praised for its policies regarding new mothers and fathers. One FGB’er said the company is “very willing to accommodate new mothers in terms of providing a flexible schedule and mothers' rooms with fridges, sinks, etc.” They provide implicit bias trainings to ensure everyone is being treated equally, and believe in accommodating schedules that allow employees to thrive.
It’s not hard to see why women love working at Charles Schwab. FGB reviews mention the company’s “good work life balance and diverse culture,” as well as its “strong network of women willing to support you.” It doesn't sound too hard to find a mentor here!
According to women who work there, wealth management firm Mercer Advisors entails the best of both worlds. When it comes time to be off the clock, FGB'ers say this is an employer that's "supportive of your life outside of work." And when you're on the clock, you're given the opportunity to "have a deep impact on meaningful work" (in fact, the word "meaningful" was used by more than woman to describe Mercer's work culture!).
Bank of America emphasizes schedule flexibility, and offers both remote and part-time work. The company also gives its employees up to 16 weeks of paid maternity, paternity, and adoption leave.
Women at Fidelity commend the company’s equal pay and work-life balance. One reviewer (and loyal Fidelity employee) said, “I would tell anyone it is a great place to work; Fidelity has a focus on its employees and its customers. I feel valued and am happy to say I have been here for 20 years.” A great work environment plus an impressive company history? Sign me up.
Over 50 percent of JPMorgan Chase’s employees are women. And because of that, they just get how to support female employees. JP Morgan Chase provides several programs specifically tailored to help women grow their careers, like their resource group, Women’s Interactive Network.
Liberty Mutual was recognized by Forbes as a 2018 Best Employer for Women. And it’s easy to see why — over 55 percent of the insurance company’s employees are women, and 47 percent of its senior management are women.
Expectant parents love Nationwide’s in-house counseling services. The company provides one-on-one counseling and preparation sessions with both expectant mothers and fathers to help them prepare for the birth of their child. But even if you don't have children, Nationwide is very highly rated for supporting women's career growth. One reviewer says "Nationwide is an Inclusive company that values women and their career progression."
Women love working at Fisher Investments because of their mission-based approach to their work and their dedication to their employees. Fisher offers amazing benefits – from a generous PTO policy, 50% 401(k) matching, and competitive (and equal!) pay to perks like food trucks and dry cleaning services. Thankfully, Fisher is hiring around the U.S.
NYC-based company OnDeck is loved by Fairygodboss users, with an overall rating of 4.6 out of 5 stars. One reviewer hailed the company’s “great maternity leave policy, unlimited PTO, and flexible hours that allow you to manage your family and work obligations."
"There is also a lot of opportunity for growth," she said. "Interesting projects, very supportive leadership, and an all-around great culture.”
PNC has launched several programs and conferences to promote their female employees’ career development, including their Women in Business Summit, Women in Business Week, and Women Connect Employee Business Resource Group. They also believe everyone needs to get aboard the equality train: They launched a Men as Allies program to help their male employees with self-awareness, gender acumen, and allyship.
Fairygodboss women love Capital One so much, they’ve awarded it the Best Financial Company of 2018 and the Best Overall Company of 2018. The finance company was also listed on Working Mother’s 2017 100 Best Companies, proving women across the internet (and the world) feel supported by their company culture, benefits, and inclusion programs.
Women call Edward Jones a “supportive environment” with a “family friendly attitude.” They love the financial services firm’s women’s networking lunches, free financial advisors, women’s support network (Women Helping Other Women or WHOW), and generous paid parental leave policy.
One of the things women on Fairygodboss most consistently praise Wells Fargo for? The "amount of opportunity" here. Not only that, but employees also note that there are a "number of teams dedicated to advancing gender and diversity inclusion" — and it's clearly paying off. In 2016, the company rolled out a generous paid parental leave package of 16 paid weeks for caregivers, regardless of gender, and thousands of team members have already utilized it.
With headquarters in Chicago's historic Board of Trade building, PEAK6 is redefining what it means to be an investment firm — including for its female talent. From the heavy hitters (like 12 paid weeks of parental leave, 401(k) matching, and tuition reimbursement) to the added bonuses (can you say free on-site yoga and monthly massages?), PEAK6 certainly takes a competitive approach in its stance on employee benefits and well being. Similarly competitive? The firm's cornhole league — but that's something you'll have to see for yourself.
TIAA’s culture allows all employees to contribute their unique talents by accommodating and empowering people’s personal and professional goals. Women at TIAA appreciate the company’s health, insurance and wellness benefits that aid them at every stage of life — from 16 weeks of paid parental leave to generous PTO to a retirement health savings plan. They also appreciate the professional development opportunities provided by company, including tuition reimbursement, on-demand tutoring for themselves and their dependents, toastmasters and more.
Beyond the prestigious name, women love working at Goldman Sachs because it is truly dedicated to gender diversity and providing benefits women need. The company offers 16 paid weeks of parental leave, flexible work schedules, a fertility support program that covers up to $45,000 of medical and prescription drug costs, a back up childcare program and on-site gynecology in larger offices.
Fairygodboss is proud to partner with these companies.