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INSIGHT

Be a leader in diversity and inclusion How do you convert a 50:50 staff at entry level into a 50:50 staff in senior management? The answer is engaging and retaining your high potential women with a Rare Birds Corporate Mentoring Program.

W

e know that gender diversity is great for business. According to research by McKinsey, companies in the top quartile for gender diversity are 15 per cent more likely to have financial returns above their national industry medians. Companies that have more women on their board of directors also have better financial results than those who have fewer (McKinsey, Why Diversity Matters). However, in Australian companies there is a gap between women’s potential and its realisation with only 16 per cent of CEO positions and 34 per cent of senior management positions being filled by women (Catalyst.org). One way for companies to combat this inequality and support their key female talent is to provide mentoring opportunities.

organisation can end up losing in order to recruit and train a replacement (Turnover Costs Way More Than You Think, Julie Cantor).

Mentoring is a cornerstone of the Rare Birds initiative in supporting individuals on their professional and personal journey. A mentorship provides a context that encourages growth, learning and confidence, with real tools and experiences that enable the mentee to think big, act big and create innovative “Mentoring is a cornerstone solutions within your organisation, regardless of their position. of the Rare Birds initiative in

supporting individuals on their professional and personal journey. “

We would like to invite your company to take part in our corporate mentoring program, to connect your female employees with high calibre mentors - Jo Burston, who can guide them through a year of Founder and CEO, Rare Birds their professional journey. Our highGetting women into programs like the touch program is managed by our Inspiring Rare Birds Mentoring Program Community Manager from start to enables success and growth. More skilled, confident and finish, with consistent evaluations and reports provided on engaged employees leads to better returns and workplace mentee’s progress and development. culture. One study highlighted that 78 per cent of individuals said being a part of a mentorship program made them feel Sponsoring your female staff through the Rare Birds program more engaged with their organisation (PeopleFluent, The is an opportunity to support the intrapreneurs within your Digital Generation in the Workplace). This is crucial because organisation, align your company with innovation, and increased engagement leads to better retention, thus highlight your organisation as a leader in diversity and avoiding the six-to-nine months of an employee’s salary an inclusion. In fact, Sun Microsystems found the ROI on mentoring can be 1,000 per cent or better (Sun Mentoring). To discuss implementing mentoring in your organisation or to find out more please contact the head of the program, Tierney Marey, at tierney@inspiringrarebirds.com

Jo Burston Founder & CEO, Rare Birds Inspiringrarebirds.com

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ACCOUNTING BUSINESS EXPO | 2018

www.accountingbusiness.com.au

Accounting Business Expo - Official Magazine, 2018  

Accounting Business Expo is Australia's biggest and most important event for accounting and finance professionals

Accounting Business Expo - Official Magazine, 2018  

Accounting Business Expo is Australia's biggest and most important event for accounting and finance professionals