NEW YORK, DECEMBER 20 , 2020 – TIAA, a leading provider of secure retirements, was named Company of the Year by HR Dive. The human resources industry publication cited TIAA’s longstanding commitment to diversity, equity and inclusion and its leadership in response to the racial, social and economic injustices brought on by the coronavirus pandemic.
TIAA offered a variety of resources and assistance programs to its more than 16,000 global employees in direct response to the pandemic. Support included enhanced benefits for caregivers and corporate discounts for caregiving, resources to support associates' mental, emotional, and physical well-being, and ongoing encouragement of healthy habits that engage associates and support their overall wellness.
"Our commitment to diversity and inclusion is core to our company’s purpose and has shaped our response to the recent crises our nation has experienced," said Sean Woodroffe, Chief Human Resources Officer for TIAA. "Earning the accolade of Company of the Year from HR Dive is also testament to the leadership and vision of our President and CEO Roger Ferguson, who has championed diversity, equity and inclusion in all aspects of our business. While our firm and our employees have done considerable work to meet the challenges of this year, I look forward to the opportunity to continue our growth in 2021."
In addition to associate support programs, TIAA also launched its "Be the Change" initiative—a leadership platform designed to help challenge systemic racism through programs, education, resources and communication—immediately following the death of George Floyd. As part of the program, TIAA hosted a Summer of Service, led by the Corporate Social Responsibility team, which offered employees virtual opportunities to engage with local nonprofits in their communities and support those adversely impacted by COVID-19. Employees also participated in a virtual "Race Against Racism," which encouraged them to partner with a colleague or friend of a different ethnicity to raise funds in support of the Innocence Project, a nonprofit committed to criminal justice reform.
Since the launch, TIAA has provided both employees and clients guidance aligned to the company's values for taking care of themselves and looking out for their teams, colleagues and neighbors, while critically assessing how the organization can be more inclusive and anti-racist going forward.
For more information about the HR Dive Awards, please visit here. For more information on TIAA’s Be the Change program, please visit TIAA.org.
With an award-winning 1 track record for consistent investment performance, TIAA (TIAA.org) is the leading retirement provider in the academic, research, medical, cultural and government fields. TIAA has $1.2 trillion in assets under management 2 (as of 9/30/2020) and offers a wide range of financial solutions, including investing, banking, advice and education, and retirement services.