Empower Retirement recognized among ‘Best Places to Work for Disability Inclusion’
The company was rated on culture and leadership, enterprise-wide access, employment practices, community engagement and supplier diversity
Greenwood Village, Colo. July 15, 2020 – Empower Retirement, the nation’s second largest workplace retirement plan provider1, has been recognized as a “Best Place to Work for Disability Inclusion” using the Disability Equality Index.
The Disability Equality Index (DEI) was launched in 2015 and is considered the most comprehensive benchmarking tool for disability inclusion for Fortune 1000 and America’s top 200 revenue grossing law firms (Am Law 200) to gauge their level of disability workplace inclusion against competitors.
The DEI is a joint initiative between American Association of People with Disabilities and Disability:IN, in consultation with the appointed DEI Advisory Committee, a diverse group of experts in business, policy, and disability advocacy. Scores take into account culture and leadership, enterprise-wide access, employment practices such as benefits and recruiting, and community engagement, among other company practices.
Top-scoring businesses -- scoring 80% or higher – are recognized as “Best Places to Work for Disability Inclusion.”
“At Empower we believe that a more equitable workforce delivers more diverse ideas, which leads to enhanced problem solving, active engagement and ultimately better solutions for those who depend on our services,” said Suzanne Sanchez, Chief Human Resources Officer for Empower Retirement. “Our company grows stronger every day with the perspectives and abilities of our diverse workforce. We intend to continue building our teams with talented people of diverse backgrounds and points of view.”
Globally, people with disabilities represent more than one billion people. Disability is a natural part of the human experience and crosses lines of age, ethnicity, gender, gender identity, race, sexual orientation, socioeconomic status and religion. The best way to attract, retain and grow talent with disabilities is to create an accessible, inclusive workplace, said Jill Houghton, President and Chief Executive Officer, Disability:IN.
“This year’s top scoring Disability Equality Index companies are demonstrating their commitment to many of the numerous leading disability inclusion practices featured in the DEI, recognizing that there’s still room for improvement,” Houghton said. “We are proud to have developed strong partnerships with corporate allies who are committed to advancing disability inclusion and equality across their businesses in the United States and around the world.”
About Empower Retirement
Headquartered in metro Denver, Empower Retirement administers $656 billion in assets2 for more than 9.7 million retirement plan participants as of May 31, 2020. It is the nation’s second-largest retirement plan recordkeeper by total participants.Empower serves all segments of the employer-sponsored retirement plan market: government 457 plans; small, midsize and large corporate 401 (k) clients; non-profit 403 (b) entities; private-label recordkeeping clients; and IRA customers. For more information please visit empower-retirement.com and connect with us on Facebook, Twitter, LinkedIn and Instagram.
About the DEI
The Disability Equality Index® (DEI) is a national, transparent benchmarking tool that offers businesses an opportunity to self-report their disability inclusion policies and practices. It was developed by two national leaders, American Association of People with Disabilities (AAPD) and Disability:IN, in consultation with the appointed DEI Advisory Committee, a diverse group of experts in business, policy, and disability advocacy.
Stephen Gawlik – 303.737.0899 (office), 617.417.4408 (cell)
Monica Mendoza – 303.737.2626 (office), 719.373.2460 (cell)
To learn more about how we’re empowering plan sponsors and their participants to be more engaged in their retirement plans than ever before, call us at 800-719-9914.
1Pensions & Investments 2020 Defined Contribution Survey Ranking as of April 2020.
2 As of May 31, 2020. Information refers to the business of Great-West Life & Annuity Insurance Company and its subsidiaries, including Great-West Life & Annuity Insurance Company of New York. Of the total $656B assets under administration, $16.8B represents the AUA of GWLANY. AUA do not reflect the financial stability or strength of a company. GWLA assets total $47.7B and liabilities total $46.1B. GWLANY assets total $1.59B and liabilities total $1.48B.
Latest Press Releases
Empower Retirement earned the highest number of “Best in Class” ratings from its customers in an annual survey from PlanSponsor Magazine that gauges employers’ satisfaction with their retirement plan providers.
The COVID-19 pandemic and its effects on the economy had Americans tightening their belts, and it may be the catalyst that now drives them to spend less and save more.
Survey shows traditionally underrepresented investors believe retirement planning is a luxury.