2020 DIVERSITY AND INCLUSION SELF-ASSESSMENT - GM Financial
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2020 DIVERSITY AND INCLUSION SELF-ASSESSMENT 2020 DIVERSITY AND INCLUSION SELF-ASSESSMENT MISSION I. ORGANIZATIONAL COMMITMENT V. In addition to our annual reporting for internal and external use, we file our EEO1 report annually to Driving diversity throughout GM Financial by promoting an inclusive culture with our customers, A. Global Diversity and Inclusion Policy – The Diversity identify all represented ethnicities at GM Financial. employees, business partners and community, which will positively impact our business results. and Inclusion Policy encourages employee contributions We work with our business partners to review GM to the communities we serve, respectful communication Financial engagement survey results and assist with and cooperation between all team members, a greater driving results through management action plans. understanding and respect for diversity, and the inclusion of different ideas and perspectives throughout a. Progress reports – We review our Executive VISION GMF OVERALL (U.S.) the business. Additionally, our five pillars include: Diversity and Inclusion scorecard semiannually with leaders throughout the organization to GM Financial will be an industry leader I. Embrace all differences and appreciate the value measure D&I at every level and department. A each brings to the organization. copy of the scorecard is attached as Appendix A. in Diversity and Inclusion by: GM Financial is expanding our recruiting efforts to 58 b. Diverse candidate pool (senior • Creating a diverse workforce include a more diverse candidate pool. We partner with North Texas LEAD (Leaders and Executives leadership pipeline) – The Executive Council, committed to teamwork, excellence, Advocating Diversity), which ensures we have a Executive Team and Global VP of Diversity and integrity and remarkable service, while diverse representation of applicants to consider in Inclusion have developed an internal practice to recruiting and retaining top talent. the selection process. Our Diversity Council serves ensure every open leadership position includes • Developing and embracing an inclusive as an advisory team across the organization. This a diverse candidate pool. In 2019, 87% of candidate % Women culture that honors and respects all 99-member network of diverse, cross-functional slates for leadership roles included diverse employees, regardless of their age, employees focuses on expanding the vision and candidates. gender, ethnicity and/or background. strategy of diversity throughout the organization. • Integrating these values into our II. Maintain awareness to ensure diversity exists at % GENERATIONS % TENURE 57 everyday business, actively engaging every level of the organization. with our business partners, giving back to our community and sharing GM Financial takes frequent snapshots of the our journey along the way. organization to increase our awareness, and we work 12 15 with our business partners and organizational leaders to ensure diversity is represented at every level on 26 % Professionals the succession plan. The Global VP of Diversity and 38 50 GM FINANCIAL’S FIVE PILLARS 59 of color Inclusion works continually with senior leaders to review moves and promotions and ensure diverse candidates OF DIVERSITY AND INCLUSION are being considered in every move at every level. Our MANAGEMENT (U.S.) D&I scorecard continues to be a source of information 1. Embrace all differences and appreciate shared with all leaders across the organization. Millennials 3+ Years the value each team member Gen X 1-3 Years brings to the organization. III. Cultivate a transparent culture that invites Baby Boomers < 1 Year authenticity and one’s whole self to work. 2. Maintain awareness to ensure diversity exists at every level of the organization. 45 GM Financial engages internal support systems for individuals who share characteristics and/or life % DIVERSE PERSPECTIVES % LEADERSHIP SUPPORT experiences (Employee Resource Groups). We promote 3. Cultivate a transparent culture that invites behaviors that exhibit transparency at every level. authenticity and one’s whole self 5 6 5 7 to work. % Women IV. Develop, mentor and sponsor diverse talent for 4. Develop, mentor and sponsor diverse improved bottom-line results. 24 22 talent for improved bottom-line results. GM Financial focuses on developing diverse leaders. 66 64 We continued our partnership with Menttium Corp. 5. Continuously measure our efforts and strategies, and hold everyone 38 to provide formal, cross-company mentoring for high-potential women and professionals of color. Our accountable to maintaining a internal mentoring program continues to experience Agree Agree diverse and inclusive workplace. Somewhat Agree Somewhat Agree success, increasing its participation 18% from 2018 to Disagree Disagree 2019. Unknown Unknown % Professionals of color 2 3 CONFIDENTIAL AND PROPRIETARY INFORMATION. CONFIDENTIAL AND PROPRIETARY INFORMATION.
2020 DIVERSITY AND INCLUSION SELF-ASSESSMENT 2020 DIVERSITY AND INCLUSION SELF-ASSESSMENT c. Engagement survey results – In our 2019 Employee II. Mandatory workforce and supervisory Diverse supplier mix: Engagement Survey, 90% of our U.S. employees programs with D&I focus (Civil Treatment) had a favorable response to the statement, “GMF 75% Women employees are respectful of diverse perspectives.” D. Outreach: Diverse pools Also, 86% of our U.S. employees had a I. Diversity recruiting events – Our University 17% Hispanic 358 favorable response to the statement, Relations recruiting team is expanding partnerships 5% Asian/Pacific Islander “GMF Leadership (manager/supervisor or above) with colleges, universities and organizations to supports diversity in the workplace (recognizing increase exposure with diverse audiences 4% Native American and respecting the value of human differences).” II. Events attended in 2019: 2% African American Mentees in II. WORKFORCE PROFILE AND EMPLOYMENT Mentoring Program • Southwestern Black Student Leadership Conference Career Fair PRACTICES Mentor/Mentee • National Association for Bilingual Education Presentation MENTTIUM PROGRAM 13 promotions: • Recruit Military A. Policies and practices • MENtal Freedom Student Organization Lunch N’ Learn 55% were women GM Financial communicates our targets for • Diversity Dinner women in leadership and professionals of color in 40% were professionals participants in leadership to the Executive Team. These targets • Military Career Summit of color 2019 cohort will be our focus over the next year. • Bridging the Gap Percentage of women in B. Talent development 216 mentees were • Professional Chapter Annual Student Summit cohort who were promoted: professionals of color I. D&I web training – In 2019, we implemented three • Black Business Student Association 221 mentees were women required D&I courses for all current and future employees, • Military Vets in the Workplace 70 mentees received and 99% of team members completed the courses. promotions • Community investment – GM Financial continues II. Mentor program – We partner with third- 38 mentees who are women strengthening its partnership with diverse organizations received promotions party vendor Menttium Corp. to implement cross- in the community. These organizations include: company mentoring for high-level, high-potential 31 mentees who are professionals of color • March of Dimes 40% leaders (women and professionals of color). received promotions • SickKids Foundation 20% III. Employee Resource Groups (ERGs) (Composed of over 0% 231 mentors total • Cystic Fibrosis Canada 2017 2018 2019 800 team members across the ERGs) 23 mentors received • United Way • Women’s Inspiration Network promotions • Working Parents (Chapter expansion to 13 mentors who are women • The Salvation Army Chandler, AZ, Charlotte, NC and Arlington, TX) received promotions • Special Olympics 6 mentors who are IV. Self-identification policy – Our Human Resources professionals of color • Junior Achievement Information Systems team devotes time to educating received promotions • YMCA our team members monthly on the importance of self-identification through our employee • Ronald McDonald House 89 portal. Since implementing this practice, 99% of • Make-A-Wish Foundation our employees self-identify their ethnicity. MENTEES Up 451% since 2016 • American Red Cross C. EEO compliance • American Heart Association I. Employee training 358 Diversity and Inclusion Council In 2019, GM Financial donated more than $1.6 million to more members a. We champion inclusive language in our training courses by using non-gender-specific pronouns. 281 than 60 nonprofit organizations across North America. All represented across 24 full-time employees are eligible for eight hours of paid time different locations in b. We support diversity through the use of graphics 2019 off each quarter to volunteer for an approved charity. 58% that depict a wide range of individuals of varying ages, ethnicities and genders, and by providing robust training that encourages and incorporates diversity of thought. 158 c. We create an inclusive environment are professionals where everyone feels connected and valued by 65 of color offering trainings globally in native local languages. 2016 2017 2018 2019 4 5 CONFIDENTIAL AND PROPRIETARY INFORMATION. CONFIDENTIAL AND PROPRIETARY INFORMATION.
2020 DIVERSITY AND INCLUSION SELF-ASSESSMENT 2020 DIVERSITY AND INCLUSION SELF-ASSESSMENT III. PROCUREMENT AND BUSINESS PRACTICES Supplier diversity program • GM Financial uses 50 diverse suppliers • GM Financial retained 68% of its diverse suppliers in the past year A DECADE OF DIVERSITY • GM Financial’s supplier profile solicits data from MBE/WBE 2010 and 2015 reflect North America data only. - Certification information - Council affiliation 2010 - WE BEGIN 2015 - WE CHANGE 2019 - WE ARE* ALL EMPLOYEES: 3,087 6,113 9,870 IV. TRANSPARENCY 45% A. Strategic plan – See Organizational Commitment (page 3) Non-POC 47% Non-POC 57%** B. D&I published policy – Global D&I Policy published April 2018 38% 44% 42%** POC POC POC Non-POC 17% V. SELF-ASSESSMENT N/A 10% N/A Self-monitoring/evaluation – Collaboratively, leaders within GM Financial continuously monitor and evaluate our progress. We benchmark other organizations and 1%** N/A hold ourselves accountable for the goals and objectives set for the organization. 67% Women 33% Men 60% Women 40% Men 57% Women 43% Men Baby Baby Baby Boomers Gen Xers Millennials Boomers Gen Xers Millennials Boomers Gen Xers Millennials 26% 55% 18% 18% 46% 36% 12% 38% 50% (Silent Gen:
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