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2024 Ireland’s Women in Finance Charter Targets

2024 Ireland’s Women in Finance Charter Targets
9th January 2024

Last year, CubeMatch became an early signatory to Ireland’s Women in Finance Charter, a commitment to achieve greater gender inclusivity and balance across all levels.

At CubeMatch, we acknowledge the importance of women representation and the need for gender equality, diversity, and inclusion in the workplace. Gender Equality and Inclusivity for all is high on our Senior Management Team’s agenda. As a company we have set ourselves targets to ensure women are represented at all levels across the company and will continue to put supports and systems in place to ensure we achieve these targets.

Some of the ways we do this are:

  • When hiring or promoting roles, we will ensure a diverse range of CVs are presented – we will always hire the best candidate.
  • The flexibility around Hybrid work also allows many women to come back to work, particularly those who have taken career breaks to raise families or be carers. We are actively working with organisations who specialise in helping highly skilled women return to the workforce.
  • We will be working to identify talented employees to help them gain the experience necessary to enter Senior Roles, providing executive coaching is just one way we do this.
  • We will also be working with industry pioneers and other Government initiatives to remove any obstacles surrounding gender equality within Finance. We recently introduced training around unconscious bias to ensure that all employees and candidates are given the best possible opportunity. To learn more about our 2023 partnerships: https://www.cubematch.com/news/women-returners-and-women-reboot-partnerships.

Our targets for 2024:

  • C-Suite / Board to increase female representatives by 10%. We are actively working to achieve this target by the end of 2024.
  • Achieve 50% male/female ratio for Principal and Senior Practitioners. We have currently achieved 33% female ratio.
  • Maintain Consultant Practitioners at a higher female percentage (60%) than male percentage (40%), in order to develop a succession plan of Principal/ Senior Female Practitioners with a long-term goal of balancing the C- Suite internally. We have promoted internally from this group including Female Practitioners to Senior Management. Currently our ratio is at 50% and our aim will be to maintain it. The reduction was as planned to allow for promotions.
  • Senior Management to maintain levels of 50% male and 50% female. Due to internal promotions, our Senior Management ratio is currently 60% Female 40% Male.
  • Junior Consultants to bring female Consultants intake to 50%. We are currently at 30% intake, this can fluctuate year-on-year, so we are actively monitoring this as it feeds our Consultant and Senior Consultant ratio due to our high retention rate and superb mentoring and upskilling programs.

Published in April 2022, led by industry and supported by the Government, Ireland’s Women in Finance Charter underpins the industry’s ambition to see increased participation of women at all levels. This includes junior, middle and senior management, leadership and board roles within Financial Services organisations based in Ireland. Fostering and harnessing the talent and experience of all women in Financial Services is crucial in developing a strong pipeline of talent. This will lead to greater diversity of thought, experience and leadership styles in decision making processes, for the economic benefit of the business and the wider community as a whole.

To learn more about Ireland’s Women in Finance Charter see: https://www.betterbalance.ie/partners/