Network of Executive Women has joined forces with The Mom Project, an organization committed to helping women remain active in the workforce at every career point, to support professionals who are building careers and families.
NEW and The Mom Project are working together to advance gender parity, improve flexible work opportunities for women and men with families and demonstrate to companies steps that will improve the retention of women.
“Our research shows two factors influence a woman’s intent to stay with a company: A feeling of belonging and the ability to achieve long-term career goals,” said NEW President and CEO Sarah Alter. “In both areas, companies are falling short. Our partnership with The Mom Project is aimed at helping organizations retain and advance talented women to reap the many business benefits of women’s leadership in a gender diverse and inclusive workplace.”
The Mom Project has developed a predictive methodology, called Personal Investment in Role (PIR), to identify drivers of employee retention and link them to corporate ROI. NEW and The Mom Project are developing PIR benchmarks for the consumer goods, retail, financial services and technology sectors.
Additionally, individual companies may receive their own PIR Score, which will enable them to benchmark themselves, focus their efforts on the retention drivers that matter most and quantify the success of their diversity and inclusion efforts. NEW corporate partners at qualifying levels will receive their PIR Score as a partner benefit.
Affiliates of The Mom Project will have access to a reduced NEW membership fee of $99. NEW Title and Foundation corporate partners and Future Fund donors will have the opportunity to receive their own company PIR Score.
To demonstrate The Mom Project's commitment to NEW and its members in 2019, the organization will offer all NEW corporate partners that sign on to support the Women's Work Initiative — The Mom Project's program designed to maximize female workforce participation — exclusive program rates and special benefits.
“We are thrilled to join forces with NEW to move the needle on gender parity in the workplace,” said Allison Robinson, founder and CEO of The Mom Project. “The ability to provide companies with tools to objectively assess the impact of their diversity and inclusion efforts is key to making gender parity a reality. Companies have the power to impact real change when it comes to parity. Providing them with data and insights to prove out their D&I efforts gets us one step closer to creating a better, more equitable workplace for all.”
In addition to leveraging the Personal Investment in Role model, NEW and The Mom Project will coauthor a research paper.