Description of the action
The Women’s Accelerator Program aims to accelerate the progress of high-performing female talent through the business, eroding thegender disparity at mid- and senior-management levels to provide a clear path for career progression. As part of the financial services industry, Apex Group is taking accountability, putting this proactive initiative in place to play a part in addressing this inequity.
Context
This merit-based program is part of the Group’s commitment to women’s empowerment and driving positive change in the industry. Women make up around 52% of the workforce across the financial services industry, but that percentage declines at each rung of the career ladder resulting in representation of 37% at mid-management, and just 16% in the C-Suite.
Objectives
The program aims to accelerate the progression of members by providing them with additional resources to further their careers faster. Individuals will build a better understanding of their strengths and weaknesses, helping them to develop and evolve as professionals.
Approach
62 women from 16 locations across the Group have been invited to join the inaugural program in 2022. The Women’s Accelerator will provide discussion forums for members to share experiences, discuss challenges and celebrate successes to nurture development and encourage peer-to-peer learning and mentorship.
Impact
The Program is currently in its inaugural year. We will evaluate the progress and development of Program members through our annual review process and promotion cycle. This will determine whether the program is having an impact and if there are areas that need to be improved.