Employee Resource Groups (ERGs) are voluntary, employee-led groups that foster inclusive work environments aligned with organizational values, goals, and objectives. They can provide professional development for group members, create a sense of belonging, and increase employee engagement. ERGs can also positively impact the bottom line by boosting employee retention, attracting top talent, and expanding marketplace reach.
Changes in demographics, buying power, and personalized products are transforming the marketplace. To keep up, many organizations, including Fortune 500 companies, see ERG members as key ambassadors who offer valuable insights into the needs and experiences of influential groups and markets. ERGs help guide decisions on new markets, product design, and multicultural marketing.
of employees say ERGs build community within the organization.
(Source: Mckinsey, 2022)
of the DiversityINC Top 50 have ERG programs.
(Source: Diversity Inc)
ERGs can provide employees with support and resources, including career development opportunities. With the help of ERGs, employees from marginalized groups can level up through mentorship programs that provide more direct pipelines to management and senior roles.
