26 February 2020

Press Release: InChorus launches study investigating workplace harassment in the FinTech industry

Written By FinTech Alliance in Diversity

Press Release: InChorus launches study investigating workplace harassment in the FinTech industry

Cultural study on ‘microaggressions’ in FinTech to highlight industry wide action points

 

London, 26th February 2019: InChorus, the data platform which enables companies to manage their culture of inclusion, is today opening its web app for use by those working in FinTech to study the workplace culture of the industry. The project will run for approximately six weeks before the information is collated and analysed. The platform can be accessed here and is available to all those working in the FinTech industry. InChorus is committed to taking a data driven approach to culture and inclusion at scale, in order to understand where the biggest challenges are, and to work with experts to explore targeted solutions.

The FinTech industry has been under immense pressure with claims of gender pay disparity and toxic workplace culture over recent years. From today, anyone working in the FinTech industry will be able to access the platform as a confidential space to anonymously share any experiences (past or present) that they have had whilst working in the sector. By allowing anonymised reporting of microaggressions, InChorus can build up an industry wide cultural study by aggregating the data at an industry level to show trends and patterns.

 

FinTech industry workers will be able to anonymously tag instances of microaggressions they have experienced in the workplace. Once the research is collected over the six -week period, InChorus will release the findings to support FinTech businesses with industry level insights to kick off data-driven initiatives resulting in happier, healthier and more successful organisations. Moving forward, InChorus will be able to help companies to benchmark themselves against this industry data to understand how they are progressing against other companies in the space.

 

“We believe that to increase diversity and foster inclusive environments, harassment must be prevented and a ‘speak up’ culture needs to be fostered. Ultimately, cultures are shaped by the inappropriate behaviours that are tolerated every day. We are serious about culture change and we believe bringing actionable data to this conversation is key as what is measured can be improved,” commented Rosie Turner, Co-CEO & Co-Founder of InChorus. “This research project will focus on ‘microaggressions’ and what impact these behaviours can have on the overall culture of the FinTech industry.”

 

This research project is being undertaken in partnership with Innovate Finance, FinTech Alliance and Level 39, and is sponsored by Revolut.

 

“Diversity and inclusion are key priorities for us,” commented Clare Black, Director of Corporate Affairs & Communications, Innovate Finance “I am delighted that we will be working with InChorus on this important initiative to help build a resilient and sustainable workforce in FinTech.”

 

InChorus carried out a similar project in 2019 which revealed bias & harassment issues the music industry faces.

 

About InChorus

InChorus provides analytics & data-led interventions to build more inclusive workplaces.

InChorus’ software allows employees to anonymously log incidents of harassment. This data is then aggregated into key insights and can be used to create customised training offerings and solutions. In this way, InChorus enables companies to manage the best diversity and inclusion initiatives and focus on prevention- steering their culture away from more severe incidents. www.inchorus.org

 

Media contact:

Babel PR for InChorus

inchorus@babelpr.com

+44 (0) 207 434 5557

 

Up Next ...
01 November 2024

Mollie and Hyvä announce strategic partnership, launching Hyvä Commerce

Mollie, a leading financial service provider, has partnered with Hyvä, ...

01 November 2024

CBI partners with Zumo to advance innovation in sustainability of digital assets

Commercial Bank International (CBI) in the UAE has partnered with ...

01 November 2024

Causal, key player in the financial planning and analysis market, becomes part of the Lucanet Group

Lucanet, a leading provider of CFO software solutions, has acquired ...

30 October 2024

LSEG Risk Intelligence unveils two new verification solutions to combat advanced fraud techniques globally

LSEG Risk Intelligence has introduced two cutting-edge verification tools to ...

More in Diversity

Innovate Finance celebrates LGBTQIA+ leaders with new powerlist

01 November 2023

The Pride in Fintech Powerlist celebrates the positive impact members ...

Metro Bank organises tech workshops for kids

25 October 2023

Metro Bank has held a series of tech workshops for ...

Women’s innovation forum launched by Phoenix Group

09 August 2023

Phoenix Group, the UK’s largest long-term savings and retirement company, ...

Spotlight On.. Danielle Treharne, Remitly

07 August 2023

With many areas of financial services still dominated by men, ...

White Papers Diversity

DEI Best Practices Report

21 June 2022

This white paper explains how to maximise your DEI efforts with research-based recommendations. It a...

White Papers Diversity

Tech Nation: Ethnic diversity in UK FinTech

21 June 2022

To date there has been sparse quantitative evidence developed to answer the question, what is the le...

White Papers Diversity

State of European Tech: Fuelling better, more diverse ideas

09 March 2022

Slow progress on diversity and inclusion is capping the addressable market for ideas and talent.Fost...

Articles Diversity

Updates on the Rose Review of Female Entrepreneurship

02 March 2022

NatWest CEO Alison Rose discusses the impact of the coronavirus pandemic on female business owners a...

There are no Events in this category