Bloomberg News

JPMorgan, Goldman Rank Among Best Workplaces for Gays, Lesbians

December 09, 2011

Dec. 8 (Bloomberg) -- JPMorgan Chase & Co., Bank of America Corp. and Goldman Sachs Group Inc. are among 22 financial firms that received top marks today as the best workplaces for lesbian, gay, bisexual and transgender employees.

The three banks were among 207 U.S. companies that offer health insurance covering medical services for transgender employees seeking sexual reassignment, according to the 10th annual Corporate Equality Index from the Human Rights Campaign Foundation, a nonprofit that backs civil rights for lesbian, gay, bisexual and transgender individuals.

Financial firms outperformed most other industries in adopting and enforcing non-discrimination policies, offering health insurance for same-sex partners and recruiting and retaining lesbian, gay, bisexual and transgender employees, according to the report.

“This rating reflects equal health-care coverage for all LGBT employees and their families, including full parity for domestic partner benefits not only in basic medical coverage, but in dependent care, retirement and other benefits that affect families’ financial and medical well-being,” Joe Solmonese, president of the Human Rights Campaign Foundation, said in the report.

The Human Rights Campaign gave 88 Fortune 500 companies scores of 100 percent and the designation as the “Best Places to Work for LGBT Equality.” Among the 190 companies that received perfect scores are financial firms including American Express Co., Citigroup Inc. and Morgan Stanley. Google Inc., Ford Motor Corp. and Gap Inc. also received top marks.

--Editors: Peter Eichenbaum, William Ahearn

To contact the reporter on this story: Dawn Kopecki in New York at dkopecki@bloomberg.com.

To contact the editor responsible for this story: David Scheer at dscheer@bloomberg.net


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