RBS amongst Top 50 employers for women


RBS amongst Top 50 employers for women

RBS has been listed in The Times Top 50 Employers for Women, in recognition of its leadership on workplace gender equality. RBS has been included in this index since it started in 2006.

RBS has set out a clear plan to achieve the right balance of diversity. In creating more diverse teams, the bank aims to be better placed to develop products, services and a culture that works for all employees and customers. Striving towards a better gender balance, by helping to accelerate the careers of women, is an important part of this change.

The bank set workplace gender targets by business area and not as an aggregate, recognising that every part of its business needs to change. While the minimum threshold is 30% - which represents the 'tipping point' at which the balance of women will affect behaviours and culture - many areas of the bank are aiming for above 30%, with some having already achieved this. RBS is aiming to have a fully gender-balanced workforce – i.e. 50/50 - by 2030.

Progress has already been made as the number of women in senior roles has increased to 34% (a 5% increase since targets were introduced two years ago), and within the bank's top 5000 roles the number of women has increased by 12% to 44%, but there is still a lot to do.

The bank’s approach is to improve the balance of women at all levels of the bank. This focuses on employee lifecycle, from job design to reward and retention and a key component is how the bank provides development, networking and performance support for talented women at all stages of their career. 

Les Matheson, CEO Personal & Business Banking and executive sponsor for gender, commented:

"We have a large and diverse customer base and it's important our employees accurately represent the different views of our customers. Having the right gender balance is essential in helping us to achieve that. I'm proud of the work we’re doing to support women at all levels of the bank. I'm also proud of the work we're doing to support our customers through the Women in Business programme. It's clear we're making progress but we've still got more to do and improving our gender balance will continue to be a key priority for us."

In addition to of The Times ‘Top 50 Employers for Women’ recognition, RBS has also maintained a Platinum rating for the fourth consecutive year from the UK's Opportunity Now benchmark, and in India, received the Gender Mainstreaming Award. RBS is also placed 5th in the Bloomberg Global Gender Equality Index.

Related articles

RBS recognised in the 2017 Bloomberg Financial Services Gender-Equality Index

RBS is one of 52 firms recognised in the 2017 Bloomberg Financial Services Gender-Equality Index (BFGEI).

RBS named one of the best businesses for accessibility & inclusion in the workplace

RBS has scored 88% in Business Disability Forum’s Disability Standard, a world-renowned tool used to measure accessibility and inclusion in the workplace.

Latest news

Q4 2016 RBS postcode lending

Lending data published today shows that RBS is a major supporter of the British economy.

Female entrepreneurs in South of England most likely to be labelled as ‘overbearing’, a ‘working mum’ or ‘ruthless’

NatWest research reveals 59 percent of female entrepreneurs in London have been branded with stereotypical gender labels when running their business.

The Start-up Loans Company joins forces with NatWest & Royal Bank of Scotland to fund British businesses

The Start Up Loans Company will join a handful of leading alternative finance firms in an exclusive partnership with a NatWest and Royal Bank of Scotland programme designed to help businesses access alternative sources of finance.

Set Tab for lightbox