According to the Society for Human Resource Management, employee resource groups are good for business. They can help companies achieve their diversity goals and create stronger employee connections beyond the individual affinity groups.
In early 2021, we asked our employees for their input regarding the creation of various ERGs to connect and focus our diverse workforce on collaborating on common goals and shared values.
They responded enthusiastically. We were excited that the following ERGs were quickly established:
- Asian American (AAERG)
- Black Employee (BERG)
- Military Employee (MERG)
- Women (W@V)
We expect these working groups to be part of the mechanism that helps inform Victory Capital leadership on important matters related to diversity and inclusion.
Members of our employee resource groups have opportunities to connect with mentors and supportive colleagues across the company and can help Victory Capital identify and develop emerging talent and groom future leaders.
The members of these employee-led groups can rely on Victory Capital leadership for formal validation and recognition, the support necessary to be successful, an open ear to consider new ideas, and encouragement to pursue new interests.
An important characteristic of our ERGs is that each member views their role as extending beyond the workplace. For example, the Black Employee Resource Group is an integral part of how we will work with Xavier University. And the Military Employee Resource Group and the Women at Victory work together to host toy drives for the Marine Corps Reserve’s Toys for Tots program.
The work these ERGs are doing aligns with Victory Capital’s desire to be a responsible corporate citizen. Their volunteer efforts are an example of the generous spirit of our employees. And their individual agendas have established tangible goals that are in line with our company’s core values. They play a key role in making Victory Capital a more inclusive place to work.