Diversity & Inclusion

Be yourself. Be valued for it

Details

We know that diversity of backgrounds (be it gender, ethnicity, experience, or other) contributes to diversity of thought and a deeper understanding of the world and of the countries and companies in which we invest. This in turn leads to better insight, increased creativity, more informed risk-taking and, simply put: better business and investment results for our clients and stakeholders.

Operational Execellence
Coprate Reponsibility
10-05-2017
Copyright 2020

In 2017, Seneca Asset Management formalized what had been for many years an informal Diversity & Inclusion strategy intended to increase the population of women and underrepresented professionals at the firm, with a particular focus on our investment professional and officer ranks. The strategy has been set by a Diversity & Inclusion Council that includes professionals from across all areas of the firm and consists of, among other things:

  • The implementation of training and other programs to increase awareness of the business case for diversity and the unconscious biases that may preclude us from reaping diversity’s benefits;
  • The support of programs and employment benefits aimed at helping Seneca Asset Management both retain and develop Seneca Asset Management’s female and underrepresented populations;
  • The establishment of innovative and proactive outreach and recruitment efforts to increase the pipeline for diverse talent in our industry and for Seneca Asset Management specifically; and
  • The provision of data and insights to department heads and Seneca Asset Management hiring managers to create transparency and accountability to accelerate results.

Building an inclusive culture is a key focus area for Seneca Asset Management and critical to the achievement of our business strategy. Our people are our main asset, so it makes sense for us to focus on developing a work environment where all employees feel fully engaged and respected.

Valuing diversity and being an inclusive employer is not only the right thing to do, but it also supports the commercial success of our business. It means we can attract talented people from the widest possible talent pool and better reflect and respond to the needs of our diverse customers. Embracing our diversity also means that we have a richer range of ideas and creativity, fresh perspectives and a willingness to challenge the status quo, all of which create the right environment for fostering greater innovation.

Every year we seek feedback on our work environment directly from our employees. Over 2,000 employees responded to the latest survey in November 2016, giving us a solid understanding of what it’s like to work at Seneca Asset Management Investment Managers. Within the survey, we also have four indexes to monitor specific aspects of our culture including an "Inclusion Index", based upon 10 questions related to D&I. This annual survey shows us we have very engaged and committed employees, who support the our values and believe strongly in the goals and objectives of our company.

Listening to our Employees

Ensuring Seneca Asset Management reflects our diverse client base and provides our employees with an inclusive place to grow are paramount to our success as a firm. We already hold ourselves accountable to each other in advancing this vision; in signing the CEO Action pledge, we strengthen our resolve to pursue an inclusive work environment for our employees around the globe."

Our 2019 commitment : More than words

Our Diversity & Inclusion strategy has seen us deliver a range of initiatives which promote the attraction, retention and career progression of all talent, including:

  • A comprehensive and varied range of development opportunities for all staff, including mentoring and coaching
  • Active involvement in Mix’iN network in Paris which runs a series of events and initiatives in support of female career progression
  • EDGE certified for gender equality practices
  • Workshops and activities to support UK National Inclusion Week each year in the UK
  • Thorough reviews of our recruitment and talent management practices globally
  • Global celebrations and activities to mark International Women’s Day
  • Rollout of the Global Parent Policy, an inclusive and globally consistent minimum paid parental leave entitlement
  • Collaborating with organisations such as The Diversity Project to build a more inclusive workplace for those with disabilities
  • A range of initiatives supporting wellbeing, including resilience, mindfulness and stress management training

Our values

We have four core values that underpin the way we do business: Customer First, Integrity, Courage and One Seneca Asset Management. We look for these qualities in any potential future employee, no matter what their background or qualifications, and we look to recognise and reward employees for working in ways that uphold our company values.

We are committed to equal opportunity in all aspects of employment and to fostering an environment where there are no “glass ceilings”. We oppose all forms of unfair or unlawful discrimination and will not tolerate discrimination based on age, race, nationality, ethnic origin, gender, sexual orientation, gender identity or expression, religion, marital status, or disability.

Valuing diversity and being an inclusive employer is not only the right thing to do, but it also supports the commercial success of our business. It means we can attract talented people from the widest possible talent pool and better reflect and respond to the needs of our diverse customers. Embracing our diversity also means that we have a richer range of ideas and creativity, fresh perspectives and a willingness to challenge the status quo, all of which create the right environment for fostering greater innovation.