Firms that are working for women

Working for Women - What does an organisation that really works for women look like?  

There are too many variables to give a definitive answer but thanks to E2W’s clients and our members, we think that we can help to map out a financial institution’s gender diversity landscape by looking at five key themes:

Commitment to gender diversity needs to come from the Board - target setting, budget allocation, appointment of leaders responsible for gender diversity, measuring success are just a few examples of how they can lead from the front as well as ensuring, of course, that the Board itself is gender diverse.   

The adage that if you do things in the same old way, you’ll generate the same old results certainly holds true with today’s recruitment processes.  Firms need to re-engineer recruitment taking on board E2W’s Eight Recruitment Strategies for Financial Institutions to Meet their Gender Diversity Targets.

This means creating a flexible and supportive environment where everyone can contribute, be recognised and reach their full potential. What are the opportunities for flexible working and parental leave? Does the culture support diversity of thought or is their bias (unconscious) towards one group?

Are strategies in place to encourage women into the industry, particularly in disciplines where addressing the gender gap is most urgent – technology and front office?  Are strategies in place to ensure that women succeed – mentoring, coaching, supporting high potentials? 

The transparency afforded by Gender Pay Gap Reporting and the Women in Finance Charter enable us to see how firms in the industry are progressing against their commitments and how they compare to their peers.

The financial services firms listed here are going the extra mile. They are in our opinion great places for our Members and our wider community to work -

Legal & General Investment Management

Based in their own dedicated office in Coleman Street in the City, LGIM is the investment management arm of Legal & General Group, a FTSE 100 company. LGIM is one of Europe’s largest asset managers and a major global investor.

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Morgan Stanley

Morgan Stanley is one of the preeminent global financial services’ firms and has its European headquarters in London. They offer a full range of services covering mergers, acquisitions, restructurings, fixed income and equity financing, as well as secondary trading, research, foreign exchange, commodities, securities lending, asset management and prime...

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