Workingmums.co.uk - connecting mums and employers

Banks to encourage women to return

Date: 1:43pm, 19 May 2007

The current bull market is creating a shortage of skilled employees, particularly in some fast-growing and increasingly complex areas of finance.

Industry experts say the recent outreach by financial institutions to women who have taken time off to have babies or simply recharge - but want their career back - makes sense.

"It is newly urgent and firmly on the agenda", said Sylvia Hewlett, founding president of the Centre for Work-Life Policy. "Financial institutions are finding there is an enormous talent pool of women out there and they need to find a way to give them a second shot at ambition".
"It is also extraordinary value for money. Without the recruitment costs, it its a relatively inexpensive way to attract and existing pool of top talent."

There are other commercial reasons driving such initiatives, not least that a growing number of clients in areas such as fund management, are female.
Read full article (Financial Times 19 May)

Associated articles:
An economic imperative for banks (Financial Times 19 May)

Returning to the coalface: tips on going back to work (Financial TImes 19 May)

Post this entry to:    del.icio.us |  Digg |  Newsvine |  Reddit

Have your say

There are currently no comments on this post.

Post a comment

You need to register / login to post comments


 Post this comment anonymously