Citibank proves its dedication to gender equality

By closing the wage gap between female and male staff final 12 months, Citibank Taiwan demonstrated that it leads the Taiwanese company sector in selling equal wages and gender equality ideas, which has helped the corporate enhance worker advantages and foster a various and inclusive company tradition.

Citibank cited an inside annual report evaluating worker wages throughout all Citibank branches worldwide.

In final 12 months’s report, the median wage for feminine staff — 73 % of their male colleagues’ median wage — was a 2 proportion level enchancment from 2018.

Photograph: Citibank Taiwan

“As a worldwide financial institution, Citigroup has a duty to make the economic system higher. This may be realized by fostering a extra numerous and inclusive company tradition, and supporting extra ladies to be appointed to administration,” Citibank Taiwan chairman Paulus Mok (莫兆鴻) stated. “Citigroup locations nice emphasis on gender equality and is dedicated to seeing the idea applied throughout its Taiwanese branches. We hope that our efforts on the difficulty will finally affect the general public.”

Citigroup has for the 14th consecutive 12 months been listed on the Bloomberg Gender Equality Index, displaying that it’s amongst 325 companies worldwide who give nice weight to the difficulty.

Its variety of feminine staff recruited within the Asia area elevated four proportion factors from 2018 to 55 % final 12 months, Citigroup statistics present.

Taiwan, Malaysia, Singapore and Thailand have seen important development within the variety of feminine staff, at three %, 18 %, eight % and four % respectively, the statistics present.

Greater than half of its 50,000 staff in Asia are ladies, Citigroup stated.

Citigroup cited the male-to-female worker ratio in Taiwan as an index for the banking sector.

Ladies comprised 70 % of all staff in Taiwan, with greater than 60 % of high-level managers additionally being ladies, surpassing not solely all different banks, but in addition Citigroup’s worldwide ratio of 33 %.

The corporate has a particular venture aimed toward feminine managers for them to study and work together with others, an expertise that may encourage them with reference to their profession improvement, Citigroup stated.

“Creating a piece setting through which staff could be assured and dwell as much as their potential is at all times Citigroup’s main objective in fostering human expertise,” Citibank Taiwan’s head of human sources Winifred Dente (劉愛璇) stated. “We imagine that everybody is equal at work, no matter gender. Embracing an inclusive company tradition will assist strengthen the corporate’s aggressive edge and is essential for enabling company sustainable improvement.”

Citigroup goes past closing the wage hole and employment ratio, instituting advantages and backing up its claims with motion, in order that it may be there for its staff at each stage of their lives.

Beginning on Jan. 1, maternity depart at Citigroup has been prolonged to 16 weeks and paternity depart to 4 weeks, whereas adoption depart has been prolonged to 4 weeks, the corporate stated.

The 2018 institution of the Citi Ladies’s Community social group offers Citibank Taiwan staff any help vital, starting from profession recommendation to elevating youngsters.

The social group, working with Citibank Taiwan’s human sources division, organized a collection of occasions celebrating the Worldwide Ladies’s Day yesterday as a token of gratitude for his or her onerous work.