The 10 best companies for women who want to get promoted quickly

Women make up more than half of the talent pool. They make their companies more profitable. And having more of them around can lead to better decisions.

It's for these reasons that Betty Spence, president of the National Association for Female Executives (NAFE), says it's so important for companies to move women into top executive positions and create a culture that identifies, promotes, and nurtures the careers of talented women.

"It just makes business sense," she tells Business Insider.

When companies don't have more women at the top, she explains that they miss out on the perspectives, expertise, and ideas of a population that makes more than 80% of the buying decisions in this country.

So what companies have already gotten the memo? Working Mother magazine and NAFE teamed up to find out.

To be considered for NAFE's Top Companies list, companies with at least 1,000 employees and two women on the board of directors filled out a detailed application of more than 200 questions about female representation at all levels in the company. The 60 highest ranking companies that made the list boast things like large proportions of women on boards, as top executives, and as senior managers, and programs that help women advance.

Here are the top 10 companies for 2016 from the list: