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Metlife prioritises gender diversity in financial services

Metlife prioritises gender diversity in financial services

MetLife in the UK has made a pledge for gender balance across financial services by signing up to the Women in Finance Charter.

This is a commitment by HM Treasury and signatory firms to work together to build a more balanced and fair industry.  Firms that sign up to this Charter are pledging to be the best businesses in the sector.

Last year the government commissioned a review into the representation of women in senior managerial roles in financial services. This work complements the government’s wider programme of work to tackle gender inequality and support women in the workplace.

Improving gender diversity in the financial services

Financial services is the highest paid sector in the UK economy, where the gender salary gap for full-time employees is at its most stark. This review looked at the issue of unequal gender representation in the financial services sector that worsens as employees rise into more senior positions.

The review, ‘Empowering Productivity: Harnessing the talents of women in financial services’ makes four recommendations to industry to improve gender diversity in financial services, which have received widespread support from the sector.

Metlife's commitment to gender parity

Metlife has committed to the following milestones:

Hiring

Non-Sales: 50/50 CV split between male and female applicants; sales: female representation for every role advertised

100% unbiased resourcing practices, including: equal opportunities; gender mixed agencies; mix of male and female assessors; recruitment training for hiring managers

Engage

Target of 50/50 split of male and female employees within MEL UK [currently 55% female]

Target of 40% women leaders at GG13 and above within MEL UK [currently 35%]

Develop

Maintain 50% women in Exec-1 Enterprise Talent

Target of 50/50 split of male/female attendance at developmental events and training

A supportive employer

For more information on MetLife’s commitment to advancing women and its corporate responsibility activities, visit www.metlifeglobalimpact.com. You can also take a look at its current vacancies here.

 

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