Archive for March, 2010

PwC’s GLBT Diversity Initiative: “I am Open”

Tuesday, March 30th, 2010

By Melissa J. Anderson (New York City)

At PricewaterhouseCoopers, diversity means openness – about oneself and about accepting others’ differences. The company explains that “open working relationships are stronger and more productive.” Openness about difference allows colleagues greater opportunities to learn about one another, and find common ground.

Jennifer Allyn, Managing Director, Office of Diversity, explained that GLBT inclusiveness is often overlooked within diversity programs, because “the gay dimension of diversity is invisible.” That is, people can’t usually tell if someone fits into this group simply by their appearance.

“Five to six years ago, PwC convened a board of GLBT partners to advise our diversity team, to make sure GLBT staff feel included and welcome at our firm,” Allyn explained. “The advisory board is made up of very visible role models” – role models for both GLBT individuals, as well as PwC employees at large.

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5 Reasons NOT to Take a Promotion

Wednesday, March 17th, 2010

By Elizabeth Harrin (London)

You are offered a sideways move, either in your organisation or to transfer to another company. Should you take it? While it might be tempting to hold out for a promotion, don’t disregard the possibilities presented by taking a lateral move. We asked five experts for their advice on taking a step sideways.

  1. Plan for the long term“A lateral move that is made capriciously may be a career limiting move; however, a lateral move that is part of an intentional plan can propel a career forward over the long term,” says Diane Youden, a partner with PricewaterhouseCoopers specialising in HR effectiveness.Youden advises taking stock of your career path. Where are you now and where do you want to be? A sideways step might be the best thing to do to put you on course for your end goal and further career opportunities down the line.

    As well as considering the job prospects and how these fit with your overall career trajectory, think about who you work with now and who you could be working with if you said yes to taking that lateral move. “If your current supervisor is not a strong sponsor or champion for you, moving laterally can remove this obstacle and reset your career path,” says Youden. “A lateral move can be a strategic move when it broadens your network with key company decision makers, gives you more visibility, gains global exposure, or enhances management responsibilities. All of these attributes contribute to making an individual a more well-round and broader business focused resource – a desirable attribute in your career planning.”

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Western Union interview on CSR with Ann McCarthy, EVP Corporate Affairs

Tuesday, March 9th, 2010

By Tina Vasquez (Los Angeles)

In the 1960’s, Detroit, MI was an interesting place to live. It was during this time that Motown Records emerged, forever tying the city to the soulful sounds of Marvin Gaye, The Temptations, The Supremes, Stevie Wonder, and Smoky Robinson – just to name a few. There was also the burgeoning automobile industry and The Detroit Riot of 1967, but despite all of this change, things remained rather traditional in the home of Anne McCarthy, current Executive Vice President of Corporate Affairs for Western Union – traditional, though not boring or by any means quiet.

McCarthy grew up in a large Irish Catholic household that extended out to her neighborhood. She had 11 siblings and, according to her, everyone on her block either had two kids or ten, but at her Catholic school “if you didn’t have at least eight, we thought there was something wrong!” Her U.S. Marine-trained father father was definitely the disciplinarian, while her mother Cay – jokingly nicknamed “Chaos” by her father – allowed her children more flexibility.

In Detroit, McCarthy’s father had a growing consulting business and was able to send his kids to a college of their choice, though McCarthy was unsure of the path she would take. Thankfully, an emerging interest in writing forged a path that would eventually lead to her position at Western Union.

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World’s Most Admired Companies Top the List for Employee Engagement, Too

Thursday, March 4th, 2010

By Melissa J. Anderson (New York City)

Fortune Magazine and Hay Group, a global management consultancy released today their annual list of
the World’s Most Admired Companies. And, this should come as no surprise, the top companies on the list are the ones rated best for employee engagement as well.

Mel Stark, vice president in Hay Group’s Reward Practice, explained, “Equally important, the WMAC communicate their objectives to all employees, connecting the goals and objectives of every employee to the overall business strategy, and as a result, were able to come out of the downturn with motivated and loyal employees.”

According to a report published by the Hay Group in conjunction with the WMAC list, 90 percent of WMAC respondents marked their company as “very effective” or “effective” at fostering high levels of employee engagement. In comparison, only 71 percent of employees at companies not on the list ranked their companies “very effective” or “effective.”

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Do Millennial Women Truly Have It All?

Monday, March 1st, 2010

By Tina Vasquez (Los Angeles)

It seems as if young working women not only feel as if they can have it all, but a shockingly high percentage reports that they do have it all. According to recent research by Accenture, young professional women ages 22-35 – otherwise known as “millennial women” – believe they will have rewarding careers in equal balance with fulfilling personal lives, despite a rough economy and corporate structures that are still lacking in their understanding of women’s dual obligations in the workplace and at home.

The Millennial Women Workplace Success Index marked the results of an online study taken by 1,000 millennial women currently employed full-time in the U.S. According to the index, 94 percent believe they will achieve a work/life balance and even more astonishing, almost half (46 percent) of the women surveyed believe their work life and personal life are in equal balance.

Accenture’s U.S. Human Capital and Diversity Managing Director Lamae Allen deJongh was extremely surprised by the index’s findings- as were many, but she does not believe that the statistics are the result of naiveté on behalf of young or inexperienced women. “I think the results speak to the high degree of confidence of millennial women,” deJongh said. “And because of their confidence, their work/life balance goals are realistic. Having a satisfying professional life and a gratifying personal life is important to them; it exemplifies the fact that they believe they can have it all.”

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