Diversity

FMO strives to create an inclusive and diverse workforce. By focusing on increasing the number of women in management positions, accommodating ageing employees and managing cultural differences, we show our commitment to being a responsive and engaged employer.

FMO is a signatory to the 'Talent to the Top' charter', and aims to have 30% female representation among senior and middle managers by end-2012. By end-2011, 26% of senior and middle managers at FMO were women. Due to FMO's flat organizational structure, we have fewer senior managerial positions than many of our financial sector peers. Nevertheless, we see room for gender diversity improvement in 2012.

We began investigating ways to better accommodate ageing employees in 2011. A group of employees was selected to represent FMO's ageing workforce and they formed a brainstorm group with HR to discuss their expectations and concerns. This brainstorm group indicated that FMO could improve by boosting awareness around retirement preparation and facilitating dialogue between employees and their managers, which will be pursued further in 2012.

The number of non-Dutch nationals in our organization grew to 12% in 2011. Our goal of having 15% representation among FTEs by 2012 was not reached. FMO will continue working to successfully meet its cultural diversity hiring targets and to towards our goal to help managers successfully manage cultural differences within teams.