Financial & Professional Services
Empowering organizations to build inclusive workplaces
Professional services firms—including finance, consulting, and insurance—face growing scrutiny over diversity gaps in leadership, persistent pay inequities, and unconscious biases in hiring and promotion. Organizations prioritizing DEI gain a competitive edge, boost employee satisfaction, and foster client trust.
Tackling Barriers That Hold the Industry Back
Executive positions continue to be dominated by a small demographic group, limiting diverse perspectives and innovation. Despite growing awareness, leadership teams remain largely male and non-diverse, preventing financial institutions from fully leveraging diverse talent and insights. Without proactive measures, firms risk stagnation and falling behind in global markets.
News Highlight: “Schroders’ CEO acknowledges slow progress in leadership diversity.” Read more: fnlondon.com
Women and minority professionals still face significant pay disparities, leading to lower engagement and retention. Many financial institutions have made commitments to pay equity, but recent data shows slow progress. Pay gaps in leadership and bonuses remain a pressing issue.
News Highlight: “Top UK banks show slow progress on closing gender pay gaps.” Read more: fnlondon.com
Unconscious bias in recruitment and advancement processes prevents equitable career growth opportunities. Women and professionals from minority backgrounds are often overlooked for leadership roles due to hidden biases in hiring and performance evaluations.
Amid activist pressure and changing corporate priorities, some firms are scaling back diversity efforts. Recent rollbacks on boardroom diversity targets signal a concerning trend that could undo years of progress.
News Highlight: “State Street drops board diversity targets, raising concerns over DEI commitments.” Read more: reuters.com
Financial institutions are increasingly required to comply with regulations mandating transparency in diversity metrics and alignment with Environmental, Social, and Governance (ESG) goals. Failure to meet these standards can result in legal repercussions and damage to an organization’s reputation.
Employees fear speaking out on discrimination, bias, or workplace misconduct. A lack of psychological safety discourages employees from reporting issues, leading to unaddressed toxicity in the workplace.
News Highlight: “FCA expands probe into workplace misconduct in the financial sector.” Read more: fnlondon.com
Without inclusive policies and mentorship programs, minority professionals leave at higher rates. Companies that fail to create supportive work environments see increased turnover among diverse talent, weakening long-term workforce stability.
News Highlight: “JPMorgan employees raise concerns over pay equity and diversity efforts.” Read more: businessinsider.com
Click “+” to learn more about each challenge
How We Help You Build a More Inclusive Workforce
Data-driven insights to address workplace inequalities and foster lasting DEI change.
Clusivity offers a suite of tools designed to address the financial sector’s unique DEI challenges. Our solutions empower organizations to close pay gaps, improve hiring equity, and retain diverse talent by providing actionable insights and real-time workforce analytics.
InclusiMeter
Evaluates your organisation’s performance across four key pillars of inclusion. Unlock visual dashboards, benchmark metrics, and actionable insights to navigate your inclusion journey.
Workforce Metrics
Designed for global organisations to run compliant self-identification campaigns & measure workforce diversity, providing real-time insights for data-driven leaders.
Workplace Protection Act (WPA) Assessment
The WPA tool ensures that financial institutions align with evolving DEI regulations, safeguarding against legal risks and enhancing public trust.
DEI & Culture Training
Our training programs equip hiring managers and leadership teams with the tools to recognize and mitigate bias in hiring, promotions, and daily workplace interactions.
Strategy Consulting
Clusivity’s expert consultants help firms implement mentorship programs, sponsorship initiatives, and inclusive leadership strategies tailored to the financial industry.
Inclusive Events Cert.
Create more inclusive and accessible corporate events with ease. It Evaluates event planning processes, providing recommendations to ensure inclusivity for all attendees.
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Measuring Success & Seeing effective Results
Companies that have integrated Clusivity’s tools into their DEI strategies have experienced measurable improvements in diversity, inclusion, employee engagement, and:
Unlock the Real Benefits, Starting From Day One
Improving inclusion creates measurable benefits for organisations, including higher employee retention, increased productivity, and stronger trust and respect across teams. InclusiMeter® enables you to measure progress, track initiatives, and uncover actionable insights to drive these outcomes, empowering you to create a workplace where employees thrive.
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