Employee Resource Groups Are Under Pressure. Workers Are Paying The Price [Yahoo! Finance]
KIRIN HLDGS CO LTD S/ADR (KNBWY)
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Source: Yahoo! Finance
getty Employee Resource Groups (ERGs) have been a fixture of corporate America since the 1970s. Per McKinsey's coverage of ERGs stemming from its “ Race in the Workplace ” survey findings, these organizational communities are where workers with shared identities and interests have come together and found community, mentorship and paths toward career advancement. For women, people of color and others underrepresented in the workplace, ERGs have long served as a critical resource for upward mobility, offering networking opportunities and career support that they otherwise might not have access to. Yet in recent months, companies have faced legal pressure and sweeping DEI rollbacks that have put ERGs and the people who depend on them directly in the crosshairs. The Push to Dismantle Corporate ERGs Indeed, last month, the U.S. Equal Employment Opportunity Commission (EEOC) filed suits against more than one ERG or similar group. Coca-Cola, a company that has previously won awards
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