Diversity and inclusion

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Our Diversity, Equity & Inclusion mission statement:
“In order to remain a competitive and high performing firm, Insight aims to move towards an employee profile that reflects the environments in which we operate while maintaining our culture of inclusion that maximises the talent of all our colleagues.”

Insight’s Culture

Insight is a place where everyone is encouraged to share their views. We think differently and want to challenge the status quo to ensure we do the best job for our clients.

Diversity, equity and inclusion are strategic priorities at Insight. We believe that having a workforce that reflects the broader society in which we operate enhances the way we think, adds significant value to decision making and is the right thing to do. No gender, ethnicity, or other social group has a monopoly on good ideas and talent. When recruiting we cast the net wide to attract the very best people from the broadest demographics and backgrounds possible. Hiring diverse talent into our inclusive and collaborative culture enables us to achieve a significant competitive advantage through our people.

To further enhance our approach to diversity, in 2021, we established a Diversity, Equity & Inclusion Committee. Reporting to Insight’s Executive Management Committee and including a diverse array of executives from across the firm, the Committee has developed an ambitious plan to place Insight at the leading edge of diversity within asset management.

  • This includes setting ambitious targets to increase the representation of women and ethnic minorities at all levels of our firm. Our overall goal is that in 10 years, the demographics of the regions in which we operate are mirrored in our respective local workforces.

Affinity groups

An important part of DEI Committee’s agenda has been to establish networks which represent the diverse communities across Insight’s business.  Colleagues can join one or more of our six affinity Groups. 

  • Women at Insight
  • Multigenerational Insight
  • Multicultural Insight
  • Disability Awareness
  • LGBT+ Insight
  • Veterans at Insight

Individuals in each group work together to represent the interests of that community within Insight, for example in organising events, taking advantage of opportunities that arise from our external partnerships and in providing mentoring and other forms of support. The Affinity Groups initiative also provides a leadership opportunity for individuals happy to put themselves forward as representatives of their respective groups.

In addition to our Affinity Groups, all Insight colleagues have access to, and are encouraged to participate in, the employee resource groups (ERGs) operated by our parent, BNY Mellon. As ERG members, employees increase their visibility inside and outside of their respective business units and help ensure our differences contribute to the success of the company.

BNY Mellon sponsors the following ERGs:

  • Genedge sharing the knowledge capital, energy and range of talents within its diverse, multigenerational workforce to solve business problems. Learn more
  • Heart increasing awareness and education around the needs of people with disabilities. Learn more
  • Impact providing a resource for the recruitment, retention, professional development and advancement of multicultural employees. Learn more
  • Prism fostering an open and supportive environment for lesbian, gay, bisexual, transgender, queer/questioning and ally employees (LGBTQA). Learn more
  • Vetnet a resource for the recruitment, retention, professional development and advancement of military members as they transition to new careers and civilian life. Learn more
  • Win promoting a culture of leadership and sponsorship to recognize and support the professional development and advancement of our women. Learn more

LGBT Great

People who identify as LGBT+ can face unique challenges when it comes to being themselves at work.  Alongside BNYM, one of the ways in which Insight supports LGBT+ colleagues is as a member of LGBT Great. We pride ourselves on being inclusive. Our view is that all colleagues should be able to bring their full selves to work and contribute to our high-performance culture, regardless of their identity.

Recruitment

We challenge our recruitment partners to produce balanced shortlists to enable talented female candidates to join us at all levels of our business. This includes sponsoring recruitment events which aim to encourage women into asset management.

We also encourage a diverse mix of graduates to apply to our rotational programme. Our managers are invited to attend inclusive leadership training which focuses on alleviating bias from our culture and fostering an open environment.

Gender Pay Gap Reporting

The UK government equalities office has introduced legislation which requires employers with 250 or more UK employees to publish information in respect of their gender pay gap.

The 2021 Gender Pay Gap report can be found here.

Measuring a gender pay gap is not the same as measuring equal pay. The gender pay gap is a measure of the difference between the average earnings of men and women. Equal pay means being paid the same for the same or similar work. Insight conducts ongoing and consistent reviews of pay levels across all comparable roles in the organisation to ensure men and women are paid equally for doing equivalent jobs with similar levels of experience and skill.

Here are some initiatives designed to increase female representation across our business:

Accelerating female representation

  • We challenge our recruitment partners to produce balanced shortlists to enable talented female candidates to join us at all levels of our business. This includes sponsoring recruitment events which aim to encourage women into asset management.
  • We also encourage a diverse mix of graduates to apply to our rotational programme.

Retaining female talent

  • We offer a maternity coaching programme and family friendly policies to encourage and support our employees at all stages of their lives.
  • The Women at Insight affinity group supports inclusion and encourages awareness of gender related issues.

Developing female talent

  • Insight’s inclusive culture provides every individual with the opportunity to successfully grow their career.
  • Insight encourages internal mobility. Roles are advertised internally and opportunities for promotion are reviewed and approved at regular intervals.
  • Insight supports professional development and offers a wide range of training activities including a management development programme.
  • Our managers are invited to attend inclusive leadership training which focuses on alleviating bias from our culture and fostering an open environment

Flexible working

  • Insight offers a hybrid working model to help our people find a better balance between their work and home lives. We believe that this model, which is comprised of three days working from the office and two days working from home, will support our efforts to be an inclusive organisation that can attract and retain diverse talent.

Insight is partnered with the Diversity Project – a cross-company initiative championing a more inclusive culture within our industry. The aim of the Diversity Project is to create a truly diverse and inclusive UK investment and savings industry. Insight signed up to work towards the project’s 10 standards and colleagues were invited to volunteer to join associated workstreams focusing on gender, LGBT+, early careers, ethnicity, social mobility, returners, SMART working, disability and mental health.

Issues of Diversity, Equity and Inclusion are also relevant to Insight’s Corporate Social Responsibility programme. Click here to learn more about our CSR initiatives.

In numbers

  • 1,123 workforce globally
  • 79% of colleagues agree Insight is a place where people from diverse backgrounds can succeed
  • 83% of colleagues believe Insight sets high standards of performance
  • 82% of colleagues would recommend Insight as a place to work
  • 81% of colleagues are proud to tell others they work for Insight
  • 78% of colleagues enjoy working at Insight

Number of employees as at 31 March 2022. All other stats are from the 2019 annual employee survey.