Banks, fintech companies and asset management companies often use special recruitment strategies to attract more women and minority groups. More than three-quarters of companies in the financial sector perform a special ‘diversity policy’, whereas only 51% of companies in other industries do this, according to evidencefrom the research by the audit and consulting firm PwC. The research was based on dozens of companies in the sector and nearly three hundred employees. The conclusion of the researchers is that the current efforts to attract women and minority groups fall short.
No Effect
Only 36% of financial companies indicated that they are actively recruiting to get more women applicants. A quarter of the companies eventually manage to take experienced women. Companies outside the financial sector score significantly better.
Just over a third of companies in the financial sector showed that no effect could be observed after the introduction of special recruitment. That is, despite all the effort, it is well below average.
According to PwC researchers, the cause for the lack of women or minority groups in the financial workplace cannot be attributed to a lack of candidates. The trick would be to convince them that the company’s diversity policyis a high priorityas the company claims.
Critical Women
According to the report, women are namely critical when it comes to this subject. An inclusive corporate culture is mostly the deciding factor in accepting a job. Nearly 70% of female candidates,for example, look at the composition of the management, while only less than 40% of male candidates dothis.
If women are eventually tempted to go back to a job in the financial sector, it is accompanied by strong salary negotiations. Indeed, they are often more assertive than men. 60%of women negotiatea salary while little over half of the men do this. They also make more appointmentsregarding salary increments.
Source: http://www.rtlnieuws.nl