Kelly Services Selected as One of America's Top Companies for Women
TROY, MI, Jul 18, 2007 -- Recognized by Pink Magazine and KPMG as one of the "Elite Eight," Kelly Services (NASDAQ: KELYA), a world leader in human resources solutions, ranked third among the distinguished national corporations named to the 'Top Companies for Women' inaugural list.
PINK and KPMG recognized the eight companies for their strong focus on the Four P's: Power (women in board seats and C-suites, and those with P&L responsibility); Pipeline (leadership training, mentoring and coaching programs to retain talented women and move them up the ranks); Pay (evidence of pay equity, including the number of women in the top 20 percent of company salaries); and People (a work culture that allows women to have a beautiful career and a beautiful life).
"Kelly Services has been selected as one of the best companies in America for women in business because it is clear the company is doing a great deal to improve best practices when it comes to retaining and promoting women and actually moving women into the very top jobs," said Cynthia Good, editor, CEO and co-founder of Pink Magazine. "While much more must be done to approach equity for women -- Kelly Services is moving clearly in that direction and other companies would be wise to follow Kelly's lead."
Kelly's ratings were especially strong in the pay equity area and in the number of women executives with P&L responsibility. Nearly 500 women -- more than 50 percent -- are in the top fifth of all employees by pay. Women also hold more than half of the positions with P&L responsibility, and 13 women manage business operations in excess of $100 million.
According to the U.S. Department of Labor, a record 67 million women, representing 46 percent of the total U.S. labor force, were employed in 2006 with the largest percentage (38 percent) in management, professional and related occupations. Women represent 51 percent of all workers in these high-paying occupations and are also projected to account for 51 percent of the increase in the total labor force between 2004 and 2014.
"Kelly is honored to be recognized on the 'Top Companies for Women' inaugural list. Since our inception in 1946, women have been an integral and strategic part of Kelly's workforce, leadership and growth," said Nina Ramsey, senior vice president, human resources for Kelly Services. "Kelly is committed to being 'female-friendly' and to providing women with professional growth and leadership opportunities. As more women join the labor force, companies must implement policies to recruit, hire, promote and retain talented women at all levels within their organizations to win the war for talent."
About Kelly Services
Kelly Services, Inc. (NASDAQ: KELYA) (NASDAQ: KELYB) is a Fortune 500 company headquartered in Troy, Mich., offering human resources solutions that include temporary staffing services, outsourcing, vendor on-site and full-time placement. Kelly operates in 33 countries and territories. Kelly provides employment to more than 750,000 employees annually, with skills including office services, accounting, engineering, information technology, law, science, marketing, creative services, light industrial, education, and health care. Revenue in 2006 was $5.5 billion. Visit www.kellyservices.com.
PINK magazine features a new generation of America's most influential women who are doing great things in their work and in their lives -- redefining success in the 21st century. Published seven times in 2007, PINK offers editorial content from award-winning writers and columnists in America's only national magazine dedicated exclusively to women's professional growth. Visit pinkmagazine.com for more information.
KPMG LLP, the audit, tax and advisory firm (us.kpmg.com), is the U.S. member firm of KPMG International. KPMG International's member firms have 103,000 professionals, including 6,700 partners, in 144 countries.
SOURCE: Kelly Services, Inc.