- 3 min
Professional diversity: achieving more fairness between men and women
For several years now, CA Consumer Finance has committed to a proactive approach in favour of gender diversity and professional equality. In 2010, the group signed the national Diversity Charter, which aims to promote respect for diversity in management and career advancement. Since then, agreements have been signed and actions carried out to build up diversity on a daily basis throughout the group.
Initiatives in favour of diversity
A number of initiatives have flourished recently, including for instance the "women's leadership [Leadership au Féminin]" programme. Established in 2013 as part of the group's gender balance policy, this programme aims to encourage the appointment of women to managerial positions. Every year for the past six years, CA Consumer Finance manager-mentors have been working with a dozen women for periods of six to nine months, discussing together topics such as personal development, career plan and networking - all topics that foster the professional development of women in business.
A commitment that is paying off
In order to combat unfair treatment between men and women, the French government has put in place the gender equality wage index, which has three objectives: to observe remuneration discrepancies as well as their causes; to suggest a simple approach for all companies; and to encourage transparency by publishing the index findings.
This index is based on five criteria: differences in pay, individual raises and promotions, the percentage of female employees raised upon their return from maternity leave, and the number of women and men in the top ten highest pay brackets.
The 1,400 French companies with over 1,000 employees had to make public on 1 March 2019 their overall score, and undertake corrective actions if it was below 75/100.
With 93/100, CA Consumer Finance obtained the maximum score on three of the five indicators, namely the difference in the rate of individual raises, the difference in the rate of promotions, and raises to women upon their return from maternity leave.