In 2017 we launched our Women's Empowerment Programme which aims to create a flexible and supportive environment, ultimately enabling more women to reach leadership positions.
It is widely recognised that a more diverse leadership team is good for business. We want to better represent our people and our clients, believing that smart decisions today will create lasting value for our Crowe team and their clients tomorrow.
In March 2019 we signed up to the Women in Finance Charter as a commitment to improve gender diversity among or people. At Crowe we are actively working to have a balance of 30% women at partnership level by 31 March 2027.
When we signed up to the Charter, we had 24% female representation and our target was 30% by March 2024. As of September 2023 we have 21% female representation in senior management, so we have revisited our target, bearing in mind our future growth plans and our current female pipeline. We feel that the extension to the deadline is achievable.
While our representation has fallen, we believe this is reflective of the impact of COVID-19 and recruitment challenges within our sector. Our business has achieved significant growth over the last two to three years which has meant the partner team has grown quickly, resulting in our female representation reducing. We believe that this is because our current pipeline of emerging female leaders needed more time to develop and female external hires were not on the market or keen to move in the current economic climate.
We remain focussed on continuous improvement and the implementation of new practices and approaches to help us reach our target, including:
This will be under detailed and continuous review over the course of the next 12 months.
"I want to encourage our people, whatever their gender, to be the best they can be. I would like us to identify our future leaders and make sure they have a strong support network to achieve their own success".
"Challenges have always been juggling work and home life but Crowe has always been hugely supportive in allowing flexibility. It’s not a competition between work and home life and if you are happy in both, your output will be greater".