By April Paradis, Bank of America
Investing in women makes good business sense because diverse and inclusive workplaces are essential in meeting the needs of today’s diverse clients, communities and other key stakeholders.
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COURTESY / BANK OF AMERICA
April Paradis is senior vice president for global human resources at Bank of America in Maine.
Data supports the fact that companies that create a strong culture of diversity reap the benefits of greater innovation, stronger employee engagement and productivity and a positive impact on the bottom line.
Women own a third of all businesses worldwide, make up just over half of the workforce, and yet 1-in-4 women have considered leaving the workforce due to the coronavirus, which would equate to a 12.5% reduction in the labor force. It’s why we continue to invest every day in helping women make meaningful contributions within our company and in their communities at large.