Through proactive policies and a strategic partnership with Future IM/Pact, global asset manager Schroders is achieving new levels of gender diversity, surpassing their representation targets and demonstrating a steadfast commitment to inclusivity.
At Schroders, we are fully committed to promoting gender diversity in the investment management industry. We recognise that diverse teams drive innovation and deliver better outcomes for our clients. Our partnership with Future IM/Pact reinforces our dedication to creating a more inclusive industry. Together, we are breaking barriers, amplifying diverse voices, and building a future where gender equality is the norm. We are proud to be part of this impactful initiative, driving positive change for women in investment management
Proactive policies to attract and retain women
Schroders recognises that a diverse workforce drives innovation and enhances decision-making, and as such have implemented proactive measures to attract and retain more women across the organisation.
While low investment team turnover provides rare opportunities for external recruitment, the team works with their recruitment partners when opportunities do come up to ensure gender-balanced shortlists and interviews. They’ve also had great success attracting female talent through employee referrals and global mobility, with many candidates drawn to Schroders’ inclusive culture.
This inclusivity is fostered through policies such as gender-neutral parental leave, fertility support leave, and flexible working arrangements. Another impressive initiative has been the extension of full-time superannuation contributions from paid and unpaid parental leave to part time parental returners, until the youngest child reaches school age (6 years old). This recognises the impact the early years of parenting have longer-term on superannuation balances at retirement, disproportionately impacting women.
Exceeding gender representation targets
In 2021, Schroders Australia set a target of 35% female representation at senior management level by 2024, which they have now exceeded. As of March 2024, the firm boasts 44% female employees and an impressive 46% female representation on the Australian Executive Team. Globally, women occupy 34.7% of senior leadership roles. These figures underscore Schroders’ unwavering commitment to achieving gender balance.
- Elevated Schroders brand with university students and early career women.
- Enabled direct and personal access to grass-roots talent.
- Several successful internships with investment competition winners and students
- Facilitated cross-industry collaboration and a lasting legacy of empowering women in investment management.
