Standard Chartered US named to Seramount’s 2024 100 Best Companies list

NEW YORK, July 17, 2024 — Standard Chartered US (the “Bank”) announced today that it has been named by Seramount as one of the 100 Best Companies for 2024. This year’s winners continue to set the standard by providing inclusive benefits for families, including paid gender-neutral parental leave, subsidized childcare, bereavement leave after miscarriage, reimbursement for fertility expenses, menopause benefits, and increased mental health benefits for employees.

“At Standard Chartered, we believe that our culture is our competitive advantage,” said Patricia Fuster, Standard Chartered’s Chief Information Officer for Europe and Americas and Chair of Americas’ Diversity and Inclusion Council. “By creating a work environment where colleagues from all backgrounds can thrive and grow in all aspects of their lives, we can better serve our clients and the communities where we live and work. Being named to Seramount’s 2024 100 Best Companies list is an acknowledgment of the strength and further enhancement of our benefits program for all colleagues.”

“Our 100 Best Companies have been setting the standard on what is considered an inclusive workplace for parents and caregivers for over 40 years,” says Subha V. Barry, President of Seramount. “Thanks to their dedication, benefits that were considered progressive are now considered the norm, like offering bereavement leave after a miscarriage. The mental welfare of employees continues to be a priority and we are thrilled to see almost 100% of companies offering support in this area.”

Key findings from the 2024 100 Best Companies:       

• The 100 Best Companies offer an average of 12 weeks of fully paid gender-neutral parental leave for full-time employees, up from 11 weeks in 2023.
• Ninety-seven percent of the 100 Best Companies allow women to use bereavement leave after a miscarriage, up from 91 percent in 2023. An average of 11 days of bereavement leave is offered to women for miscarriages, up from nine days in 2023. And 93 percent allow men to use bereavement leave for a partner’s miscarriage with an average of nine days of bereavement leave, up from 90 percent and eight days in 2023.
• Eighty-nine percent of the 100 Best Companies offer caregiving leave, up from 85 percent in 2023. Sixty-seven percent of those companies offer fully paid caregiving leave, up from 61 percent in 2023. Caregiving leave allows an employee to care for a sick family member over an extended period of time.
• The 100 Best Companies cover an average of 83 percent of an employee’s personal health insurance and 79 percent of an employee’s family health insurance, up from 80 percent and 78 percent in 2023, respectively.
• Resources for new mothers have improved: 90 percent of the 100 Best Companies offer breast pumps, up from 88 percent in 2023; 73 percent offer transport facilities for breast milk, up from 67 percent in 2023; and 65 percent have lactation consultants available 24 hours a day, up from 61 percent in 2023.
• More of the 100 Best Companies have Employee Resource Groups (ERGs) for working parents (72 percent in 2024 v. 67 percent in 2023) and for caregivers (65 percent in 2024 v. 58 percent in 2023).
• Ninety-seven percent of the 100 Best Companies have policies supporting workplace mental health and 87 percent have a mental health and well-being work group, up from 95 percent and 79 percent in 2023, respectively.

Standard Chartered US is also named Seramount’s Best Companies for Multicultural Women, one of America’s 50 Most Community-Minded Companies by The Civic 50, and a Great Place to Work-Certified™ and Newsweek’s Top 100 Most Loved Workplace-Certified organization. Visit our Careers page if you want to learn more about a work environment where you can make an impact and advance your skills and abilities.

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About Standard Chartered
We are a leading international banking group, with a presence in 53 of the world’s most dynamic markets and serving clients in a further 64. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.

Our history in the US dates back to 1902, and we are currently present in nine locations throughout the Americas. Our Americas franchise focuses on financial institutions and select corporations and plays a key role in facilitating trade and investment flows between the Americas and Asia, Africa, the UK and Europe and the Middle East.

Standard Chartered PLC is listed on the London and Hong Kong stock exchanges.

For more stories and expert opinions, please visit Insights at sc.com. Follow Standard Chartered on X, LinkedIn, Instagram and Facebook.

About Seramount
Seramount is a strategic professional services and research firm dedicated to supporting high-performing, inclusive workplaces. Over four decades, we’ve established a strong, data-driven understanding of the employee experience, which lays the groundwork for everything we do. Seramount partners with over 450 of the world’s most influential companies, large and small, to offer pragmatic solutions including best practice DEI research, workplace assessment, employee learning and development, and talent sourcing. These offerings empower companies to navigate a dynamic corporate environment and to cultivate a resilient, connected workforce that achieves extraordinary outcomes.

Press contact

Sammi He
Standard Chartered
Sammi.he@sc.com
862-448-8488