A look at their standout employee benefits.
Standard Chartered’s latest Fair Pay Report revealed that
– 91% of employees feel included
– 79% of employees find success in managing personal and professional lives.
Here is what set them apart ?
1) Extended Parental leave
Irrespective of their gender they focus on offering a 20-week leave.
2) Menopause Support:
Medical coverage for menopause symptoms demonstrates proactive care for a significant portion of their workforce.
3) Fair Pay Pledge:
Concrete actions on equal pay for equal work, including regular checks and targeted action, underscore ethical pay practices.
4) Growing Female Leadership:
Progress from 25% to 32.5% in senior leadership since 2016, with a 35% goal by 2025, signals commitment to change.
How did they achieve it?
1) Consistent gender pay gap analysis that helped pinpoint areas for improvement.
2) Prioritizing transparency in their workplace leads to a healthy and sustainable work culture.
3) Community investment focusing on empowering young women through skills development.
Do you think more organizations should adopt these strategies in their workplace culture?
Image credits: Standard Chartered Annual Report