The Power of Employee Resource Groups (ERGs)
In today's diverse workplace, Employee Resource Groups (ERGs) are becoming a secret weapon for fostering inclusion and driving business results. But what exactly are ERGs? 🌈
ERGs are voluntary, employee-led groups that foster a diverse, inclusive workplace aligned with organisational mission, values, goals, business practices, and objectives. Recent LI data showed that employers that spoke up online about diversity saw 26% more applications from women.
Why are ERGs are game-changers? Well, they:
Boost Engagement and Retention: Companies with ERGs report higher employee engagement scores.
Drive Innovation: ERGs can be incubators for new product ideas and market insights.
Develop Leaders: According to research from the Institute for Corporate Productivity 63% of companies use ERGs to develop future leaders.
Enhance Employer Brand: ERGs can significantly improve your company's reputation as an inclusive employer.
Ready to start or supercharge your ERG programs? Here are some quick tips to set them up for success:
Ensure executive sponsorship
Align ERG goals with business objectives
Provide budget and resources
Recognise and reward ERG leaders' efforts
Make an impact with ERGs.
#EmployeeResourceGroups #Diversity #InclusiveWorkplace