Caldwell NJ, November 2, 2016 – The Fourth Quarter Meeting of Women of SIFM features Patricia Milligan, of the Mercer Multinational Client Group, discussing the links between women in the workforce and positive company performance. CEOs, media, employers and women all recognize that advancing women in the workforce offers one the biggest opportunities to impact growth and innovation, but data shows that significant roadblocks remain including:
- Women continue to be underrepresented in the workforce at all career levels with female representation declining as career level rises
- Organizations are failing to build a female talent pipeline
Why is underrepresentation of women in the workforce an important issue? Because both research and industry reports suggest a link between female representation in the workplace and company performance measures. According to Roy Adler, “Companies with [the strongest] record of promoting women to the executive suite … outperformed industry medians, with overall profits 34% higher when calculated for revenue, 18% higher in terms of assets and 69% higher in regard to equity.” (Women in the Executive Suite Correlate to High Profits)
Patricia Milligan is a Senior Partner and Global Leader, Multinational Client Group at Mercer. Previously, she served as President of Mercer’s North America region from 2012 until 2015. Pat currently serves on the World Economic Forum Global Agenda Council.
The Women of SIFM Fourth Quarter Meeting will be held on November 30th at Marsh & McLennan’s NYC Offices.
About SIFM: SIFM is an exclusive network of insurance financial professionals from global insurance, reinsurance companies, public accounting firms and their servicing organizations. Membership grants exclusive access to our network of industry peers, resources and expert knowledge.
For more information contact: Diane Mensinger (973 303 6297) or visit SIFM.org.