Blue Shield of California
RANK
72
Not only does this Oakland-based health care company pride itself on its commitment to the communities it serves, Blue Shield of California is invested in developing leaders from within its ranks.
- An internship program in 2022 yielded dramatic increases in representation among LGBTQ people (341%), people with disabilities (89%), and Hispanic people (593%).
- Blue Shield of California sponsors a five-year, $7 million fellowship with UC Berkeley’s School of Public Health to support 100 master’s and doctoral candidates from diverse communities, with a specific focus on people who have advanced data and analytical skills.
- Employees have regular opportunities to provide frank feedback through anonymous focus groups and digital conversations led by a third party. Results have included the initiation of Blue Shield of California’s Inclusive Leadership training program and a partnership with McKinsey’s Black Leadership Academy.
- “I have always loved that I truly do feel like an individual within the company,” one employee said. “I am also so proud to talk about my work and to tell people who and where I work. I love my job and have loved making a career with Blue Shield.”
Courtesy of Blue Shield of California
Company Information
As of 4/4/23
Country
U.S.
Headquarters
Oakland
Industry
Health Care: Insurance and Managed Care
CEO
Paul Markovich
Website
Company Type
Private
Ticker
-
Revenues ($M)
$23,308
Profits ($M)
$237
Market Value ($M)
-
Employees
7,832
Figures are for fiscal year ended Dec. 31, 2021.
Best Companies
Rank last year
66
Years on list
2
Employees (as of March 2023)
7,302
Job openings (as of March 2023)
193
Year founded
1939
Employees and job openings are U.S.-only.
BenefitsAs of 6/27/22
100% health coverage
no
Subsidized childcare
yes
Compressed work weeks
did not disclose
Option to work remotely
yes
Minimum requirement in-office attendance (days per week)
none
Percentage of health care premiums covered
87
Mental health coverage
yes
Free mental health sessions (per year)
8
Free backup childcare time off (days)
-
Maximum $ amount covered for fertility services
did not disclose
Fully paid maternal leave (days)
-
Fully paid paternal leave (days)
-
Fully paid adoptive leave (days)
-
Maternal leave in addition to regular time off (days)
did not disclose
Paid days off for volunteering
yes
DiversityAs of 6/27/22
% Women
-
% Minorities
-
% African-American/Black
8%
% Asian
23%
% Caucasian/White
44%
% Hispanic/Latino
21%
% Native American/Alaska Native
-
% Native Hawaiian/Pacific Islander
-
% Two or more races
2%
% Unknown ethnicity
4%
