19 May Women in Finance
Women in Finance Charter
We’re delighted to announce that Howard Mortgages have signed the Women in Finance charter to pledge to continue our commitment to improve the gender balance in our team.
The Women in Finance Charter 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 become one of the best businesses in the financial services sector. Clearly, a balanced workforce is good for business – it is good for customers, for profitability and workplace culture.
Our commitment
By signing the Charter, we commit to doing the following:
- Have one member of our senior executive team who is responsible and accountable for gender diversity and inclusion;
- Set internal targets for gender diversity in our senior management;
- Publish progress annually against these targets in reports on our website; and
- Have an intention to ensure the performance of the senior executive team is linked to delivery against these internal targets on gender diversity
In summer 2015, the Government asked Jayne-Anne Gadhia, former CEO of Virgin Money, to lead a review into the representation of women in senior managerial roles in financial services, focussing on the talent pipeline at the executive population below board level. Empowering Productivity: Harnessing the talents of women in financial services was published in March 2016. The review found that in 2015, women made up only 14% of Executive Committees in the Financial Services sector. In response to the recommendations in that review, HM Treasury launched the Women in Finance Charter.
Much of what we’re going to increase the diversity of our workforce covers the ten positive actions outlined in Gadhia’s review, particularly continuing our culture of inclusion; pay equality; having good flexible working policies and using technology that makes flexible working easier; supporting working parents; and investing in supportive people managers.
Read more about the Women in Finance Charter here >>
Read the Women in Finance Policy Paper here >>
It is important to take professional advice before making any decision relating to your personal finances. If you have any queries, please contact the team at Howard Mortgages on 01803 554455 or contact us here.