Happy International Women’s Day!
This year’s theme is #BreakTheBias. So while we’re certainly celebrating the progress made and achievements of our female workforce, we’re also considering what more needs to be done to break down the stigma, stereotypes and barriers that still stand in their way.
Why IWD matters to us
Financial services and technology are traditionally male-dominated industries.
In fact, just 24% of leadership roles across the financial services sector are held by women. And if we take a closer look at specific industries, such as FinTech, the picture gets bleaker still – just 30% of the entire FinTech workforce are female.
Right from the start, Recordsure and TCC have bucked this trend.
Our Founder and Executive Chair, Joanne Smith, has walked her own path throughout her career and has been a great example to other aspiring female entrepreneurs.
She is a prominent member of the female business community, helping to fly the flag at multiple forums ranging from Forward Ladies through to the Female Founders trade mission to Silicon Valley a few years ago. Most recently, she’s been shortlisted for the Innovator of the Year award at the UK FinTech Awards 2022.
We’re proud to have strong female leadership and high female representation in our workforce. We regularly knock industry averages out of the park:
- 40% of our Group Senior Management Team are women, while the industry average is 24%
- 45% of our managers are female, as opposed to a 38% industry average
But despite this success, we also recognise that there’s plenty more work to be done. As a Group, Recordsure adn TCC are committed to leading by example and driving positive culture change.
Here’s just a couple of things we’re planning to do to improve gender diversity, equity and inclusion before #IWD2023 rolls around.
- Reviewing our HR policies to ensure these promote diversity, equity and inclusion
- Introducing new policies focused on menopause, infertility and domestic abuse
- Reviewing the employee benefits we offer, with a focus on supporting diversity and inclusivity
- Unconscious bias training for hiring managers
How we’re marking International Women’s Day 2022
For the rest of this month, we’ll be deep diving into some long-held biases that disproportionally impact women in the workplace. We’ll be interrogating what more businesses in the FS and technology spaces – ourselves included – can do to break down stigmas, stereotypes and barriers.
Each week, we’ll hear directly from our incredible female colleagues about their unique experiences and what biases they want to see broken in 2022. We’ll cover:
- The challenges faced by working parents
- Ending the silence around fertility treatment and loss
- Creating a menopause-friendly workplace
Next week we’ll be kicking off our #BreakTheBias blog series with an in-depth look into the lives of working parents and the unique challenges faced by women returning to the workplace following maternity leave or a career break.
Keep an eye out!