Corporate Citizenship Perspectives

Achieving compensation equality in the workplace

Posted by Katherine V. Smith, Executive Director on May 2, 2018 2:32:16 PM

The merits of diverse and inclusive workforces are well-documented. They drive innovation, bolster financial performance, capture new markets, and increase customer loyalty.[1] Fair and equal compensation is the prerequisite of cultivating an inclusive company culture, and is an issue that is receiving attention increasingly from policymakers, corporate leaders, and the popular media.

The negative effects of inequality are felt across our entire economy. As income and wealth become concentrated at the top, fewer can participate fully in the economy. This hampers growth at all levels.  The American Dream, once thought to be a birthright, has proven to be available more readily to children of the educated and affluent than to others.[2] Income equality is a corporate citizenship and economic imperative. Corporate citizenship is not what happens in the corporate citizenship department. Good corporate citizenship is reflected across the operations of the company in how the company exercises as an entity its rights, responsibilities, obligations, and privileges

Research shows that racial and gender income inequality affects every country, industry, and field.  For example, respondents to the Boston College Center for Corporate Citizenship’s Profile of the Professionals 2018 study report that women fill most corporate citizenship positions. Their representation drops off, however, in more highly compensated executive positions (see Figure A). Women respondents also reported earning less than their male counterparts, and receiving lower bonuses (See Figure B).

PoP-Fig37 (1)

B-PoP-Fig32

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Topics: Responsible Corporate Leadership, Value of Corporate Citizenship, Inclusion, Workforce, Gender, Race, Glass Ceiling

New Research on Corporate Citizenship Careers: Profile of the Professionals 2018

Posted by Colleen Olphert, Director, Membership and Member Services on Feb 20, 2018 9:09:21 AM
New Research: Profile of the Professionals 2018

Here at the Boston College Center for Corporate Citizenship, we're pleased to release our Profile of the Professionals 2018 study, a research project that examines the roles, responsibilities, development, and compensation of corporate social responsibility (CSR) professionals. Its findings—based on survey results from 932 corporate citizenship professionals—provide insight into how CSR professionals at all levels assess the skills they need to be effective in their roles and what they perceive as the greatest challenges they must overcome.

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Topics: Corporate Citizenship, Communication, Responsible Corporate Leadership, Engagement, Workplace, Identity, Gender, C-Suite, Organizational, Managers, Metrics, Recruitment

Boston Scientific tackles widespread disparities in healthcare with its Close the Gap program

Posted by Susie Moore on Aug 12, 2014 6:00:00 AM

Bs-furtherIn America, heart disease [1] is the #1 killer, taking more lives each year than all cancers combined. And although diseaseprevalence is similar across genders and ethnicities, awareness of risk factors and disparity in treatment rates are not. Close the Gap, a Boston Scientific educational initiative, was established in 2006 to address disparities in cardiovascular care for the underserved patient populations of women, African Americans, and Hispanic/Latino Americans. Initially focused solely on cardiovascular health, Close the Gap recently expanded its mission to address healthcare disparities that exist in other disease states, including asthma, colon cancer and pancreatic cancer.[2-5]

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Topics: Corporate Citizenship, Diversity, Health & Wellness, Corporate Community Involvement, Inclusion, Education, Gender, Signature Programs

Center members empowering women

Posted by Megan McLaughlin on Mar 19, 2014 10:34:29 AM

March is the celebration of women’s history month. One of the more well-known aspects is the celebration of International Women’s Day. Occurring on March 8 each year, International Women’s Day is the celebration of the contributions that women past, present, and future have made and continue to make to the world. It celebrates the achievements of women politically, socially, and economically, while turning an eye to areas still needing improvement. With the 2015 deadline to achieve the United Nations’ Millennium Development Goals (MDG) quickly approaching, this year’s theme of “Equality for women marks progress for all,” provides an opportunity to review both the challenges and the progress made towards achieving these goals thus far. Many of our member companies participated in this year’s festivities, and are committed to empowering women year round through their corporate citizenship programs. Here are a few examples:

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Topics: Corporate Citizenship, STEM, Gender, Equity

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The Boston College Center for Corporate Citizenship is your resource for insights, research, trending topics, and executive education in the corporate citizenship field.

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