What are Phoenix's DEIB goals? & what are they currently doing to reach them and create inclusive spaces?
Anonymous asked a question to Rachel R.
Category: Diversity
Date asked: Monday, June 5, 2023
Last reviewed: Wednesday, June 7, 2023
Rachel R.
Head of Talent Acquisition
Thanks for your question. We have a clear purpose to help people secure a life of possibilities. That’s all people, from all different backgrounds, and DEI isn’t just a buzz word for us. We currently have ten colleague-led networks that cover a broad range of topics and perspectives, including Faith, Mental Health, Ethnicity, Gender, Armed Forces, Young Professionals, LGBTQ+, Carers, Working Environment, Disability and more. We recently published our first combined Gender and Ethnicity pay gap report and also published further stats on our website and in our candidate materials to show our progress so far.
" We employ more women (54%) than the financial services average (45%),
" The average age of a Phoenix colleague is 40
" 5% of colleagues identify as LGTBQ+ (vs UK population of 2.7%)
" As of February 2023, 39.5% of our senior leaders identified as women
" 9% of our colleagues are Black and minority ethnic
We were honoured to win Best Employer of the Year’ at the 2022 Financial Times Diversity in Finance’ awards. We also recently announced that we are the headline sponsor of Windrush75, which is a series of events across the UK to commemorate the contribution of the Windrush pioneers and those who followed.
We know that we have more work to do and there are so many more examples we can share! We recently signed up to the national Opening Doors’ campaign that aims to make two million jobs more inclusive by 2025. We’ve committed to three key actions to make our processes more inclusive, this includes Inclusive Leadership’ and Inclusive Hiring’ courses for our colleagues, collaborating with suppliers to promote inclusivity and continually evaluating our recruitment process.
We’re always looking for new ways to ensure we’re inclusive and accessible and there are many more examples that we can share about our internal and external work in this space. For more information you can check out our dedicated DEI page on the careers site: https://www.thephoenixgroup.com/sustainability/people-and-culture/diversity-and-inclusion
Wednesday, June 7, 2023
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