awards 2013-barclays-recruiting diverse talent award _ bitc diversity - race for opportunity
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studies/case-studies) » Awards 2013-Barclays-Recruiting Diverse Talent Award
The Cultural Awareness Network / Campus Recruitment Partnership
As a market leading global universal bank it is critical for Barclays to attract
and retain the most talented, diverse workforce available and ensure its
workforce demographics are reflective of the changing opportunities
globally.
Banking is renowned for its complexity and relies on the problem-solving
personal attributes of its employees. Team diversity broadens social capital
which enhances performance. People with diverse perspectives generate
more comprehensive views of problems, offer alternative interpretations and
ultimately generate more creative, robust solutions.
Barclays has expanded aggressively in Europe over the past 5-6 years
since the credit crisis, particularly in the Investment Bank. It is now able to
reflect on ethnic landscape of its workforce with commercial opportunities in
mind. By comparing its EMEA demographics to the London population, it is
clear it is under-represented with BAME employees, particularly Black Afro-
Caribbean.
Act
The Cultural Awareness Network (CAN) and HR Campus Recruitment team
collaborated in 2011 to enhance the recruitment processes to ensure they
are more inclusive. They aimed to significantly improve the demographics of
its recruitment intake within 5-10yrs. It was achieved in 2yrs.
Barclays have customised solutions for each business division, including the
Investment Bank which is notoriously difficult in converting BAME students
into hires.
The Campus Recruitment / CAN partnership leveraged off the leadership,
experience and influence of the network coupled with the detailed
knowledge of the recruitment process by Campus Recruitment to analyse,
identify and deliver the most effective enhancements for making the
recruitment process more inclusive.
Barclays’ long term vision is to become the financial graduate employer of
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Recruiting Diverse
Talent Award
This award is for a programme or
initiative that widens the pool of
BAME talent entering an
organisation’s workforce.
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- Hason Sandhu,
SEO
“ “Over the last two years we
have seen a huge increase in
interest in Barclays from BAME
students. This is testament to
the thoughtful and
comprehensive approach
they’ve taken to identifying,
engaging and supporting
students. (….) Critically they’ve
identified two ways to help
BAME students achieve their
potential – better education and
mentoring from the experts,
their staff.” ”
choice for BAME students. Initial focus centred upon the Investment Bank’s
graduate programme, which represents one of its largest intakes but
historically a challenging area to attract and recruit BAME students into.
Its goals since the 2010/11 recruitment season have been to :
Extend outreach activity and increase applications from BAME students
particularly Black Afro-Caribbean by 20%
Create integrated partnership model between campus recruitment, CAN
and external partners such as SEO, Rare, Powerful Media, etc
Increase the intake of BAME interns (Spring and Summer) by at least 5%.
Improve recruitment conversion statistics of BAME students by introducing
firm-wide mandatory unconscious bias training to EXCO, MD’s and
Directors
Introduction of Strength based Interviewing which have proven results
relating to diversity as the focus is on potential and enthusiasm instead of
past experiences.
Impact
Close partnerships enhanced the effectiveness of
outreach and recruitment programmes. Internal
partnerships saw 241 Campus events where CAN
members targeted BAME candidates. External
partnerships included BAME event - dinners,
conferences, case-studies, speaker-events - with
SEO, RARE, ACS, PowerfulMedia and
GeneratingGenius
“I attended various events hosted by banks leading
up to Spring-Week. I received multiple offers but
Barclays was my first choice. My preference was
purely down to their commitment throughout the
application process and consistent delivery on
promises of support. Nearly all other banks spoke
about open door policy but Barclays is the only one
who truly demonstrated this. Their people and culture
really set them apart.”
Reeya Sakaria, LSE
Barclays moved from the bottom of SEO and RARE’s
league tables to one of the leading BAME recruiters –
a 200% increase in intern offers accepted by
SEO/RARE candidates within 2 years.
View Barclays Presentation
(/sites/default/files/kcfinder/files/Diversity/RFOAwards2014/Barclays%20PPT%20for%20website%20September2013.pptx)
Issues:
Diversity Issues (/list/global-categories/diversity-issues),
Recruitment (/list/global-categories/recruitment)
September 2013
Case study published:
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