Nationwide honored as one of 100 Best Companies to Work For®
For the seventh year running, Nationwide has earned a spot on Fortune’s “100 Best Companies to Work For®,” an annual list that sets a national benchmark for companies that deliver high performance while creating and maintaining a supportive corporate culture.
Nationwide moved to #25 in 2021, up 66 places from #91 on last year’s list. With the last year defined by a global pandemic, a recession, significant natural disasters and social and political upheaval, the distinction is especially meaningful, said Nationwide CEO Kirt Walker.
“Our placement on this year’s list is a true testament to the resilience of our leaders and employees, our inclusive culture, and our ability to serve our partners and members with extraordinary care – even through the most difficult times,” Walker said. “Nationwiders have proven time and again that we can overcome challenging situations and emerge stronger than ever, together.”
Above all other efforts, Nationwide focused on ensuring the safety of its employees in 2020, becoming one of the first Fortune 100 companies to move to a nearly 100% remote work environment. The company provided employees with pandemic leave, back-up family care, work scheduling flexibility and physical, emotional and mental health wellness resources. Nationwide also worked with its employees to put in place a multi-year commitment to support local and national programs dedicated to social justice.
“At Nationwide, we believe that racism in any form is unacceptable and runs counter to our core values,” Walker said.
Nationwide has a strong track record as a company committed to diversity, equity, inclusion and social justice. The company’s Board of Directors is 25% diverse and 31.2% female and its C-suite is 20% diverse and 20% female. It has long-term relationships with organizations such as the National Urban League, National Fair Housing Alliance, Human Rights Campaign and others. In addition, the company has a strong supplier diversity program that fosters the promotion, growth and development of minority-, women-, lesbian-, gay- and veteran-owned enterprises. Over the years, this has resulted in more than 4,300 jobs and more than $1.5 billion in spending.
Nationwide also promotes a culture that provides meaningful and engaging growth opportunities for employees across the organization. It is currently in the second year of a five-year, $160 million investment to reskill and upskill its workforce and increase bonus incentive targets. The investment will equip employees in digital literacy and future capabilities training.
Additionally, Nationwide offers a generous paternity, maternity and adoption leave benefit that includes up to 14 weeks of paid time off for new moms and 30 days of bonding time for fathers, domestic partners and adoptive parents.