Wisconsin Law Journal and The Daily Reporter celebrated Associated Bank for its commitment to diversity and inclusion with a Diversity in Business Award. Associated Bank’s commitment is demonstrated through company-wide work groups, a promotion policy and assistance to homebuyers.
Associated has set a series of hiring goals meant to bring more women and minorities into leadership roles. Because of that work, the bank is meeting a goal of employing women in 30 percent of its senior vice president positions and having more than 20 percent of its board seats occupied by women.
Additionally, 61 percent of the bank’s hires at its management-level in 2017 were women or minorities and 54 percent of the company’s promotions were of minority employees.
The bank has also set up six colleague-resource groups, which aim to improve retention and recruitment, outreach and involvement and other ways of promoting inclusiveness. More than 1,800 of the bank’s employees are part of one or more of these resource groups. Their work is guided by the bank’s Diversity and Inclusion council, which sets the bank’s goals.
Read more in the Wisconsin Law Journal.