Discover how we are enabling senior-level women to re-enter to the workforce after taking time away to care for children or parents.
Gender diversity improves business performance,1 yet women hold just 24 percent of senior leadership roles.2 A contributing factor is that women sometimes leave the workforce mid-career to raise children or care for elderly parents. Seventy-five percent of professional women want to return, but many face challenges when seeking roles that leverage their full potential.3
BNY Mellon aims to increase our number of female senior leaders with Take Two, an initiative to attract senior talent who want to reenter the workforce, with an emphasis on female “returners.” In March 2018, we conducted Take Two symposiums in London and New York City, where dozens of aspiring returners shared insights and advice, networked with our senior managers, and learned about open positions.
Take Two also addresses possible biases in recruitment practices. We conducted workshops for hiring managers and recruiters to stress the importance of evaluating candidates based on skills and potential rather than resume continuity. “We all benefit from having our assumptions challenged,” said a BNY Mellon risk director who attended a workshop. “I will certainly consider alternative profiles, without direct risk experience, who may have been out of the industry and can bring needed skills and diversity to our workforce.” We are planning to expand our Take Two symposiums and workshops to additional locations in the future.
2 “Women in business: beyond policy to progress,” Grant Thornton, March 2018.
3 Gaudiano, A. “A quick path to 3% U.S. growth: Economists say get more women into workforce,” MarketWatch, March 8, 2018.