Diversity in the Workplace
Business Resource Groups
We have an extensive array of Business Resource Groups made up of employees and allies who are focused on employee attraction, retention and development; corporate social responsibility; and business excellence. These currently include African-American; Asian & Pacific Islander; Individuals with Disabilities; Latino,; Lesbian, Gay, Bi-sexual, Transgender (LGBT); Middle Eastern;, Military; Multicultural; Young Professional; and Women’s Business Resource Groups. All employees are encouraged to share their experiences, talents, perspectives and creative thinking through BRGs.
Women in Leadership
The Women in Leadership (WIL) program is an integrated development experience that is targeted to high-performing senior female leaders who have significant impact on the success of the Bank. The program is focused on accelerating readiness to lead at the next level and, ultimately, the C-suite. Being intentional and transparent in our investment in women benefits not only the women in the program, but the firm as a whole, others who aspire to the program, and the sponsors who invest themselves in the program.
Participants are challenged to look inward, outward and forward to leverage their leadership capabilities through skill building, experiential learning and exposure to enhance the achievement of business outcomes. All of the women promoted in our development program have a formal sponsor at the executive or even Enterprise Committee level whose role is to actively guide career direction and facilitate progression. This moves beyond a traditional mentoring relationship and should lead to greater representation of women at senior levels.
Supporting Fifth Third Families
We want to provide an environment and culture where working parents can succeed and excel. Because much of the research focuses on the challenges still faced primarily by working mothers, we recently launched the Fifth Third Maternity Concierge Program. It provides assistance with the unique challenges during pregnancy, after childbirth, and especially upon a mother’s return to work. We believe this program to be groundbreaking.
Fifth Third’s commitment to inclusion is evidenced by our years-long leadership with Project SEARCH, a school-to-work transition program for people with physical or developmental disabilities. The goal of Project SEARCH is competitive employment at the end of the program, either at Fifth Third Bank or in the community. It is a public-private collaboration operated out of Cincinnati Children’s Hospital Medical Center.
For 12 years, Fifth Third has operated three programs, two in Cincinnati, Ohio, and one in Grand Rapids, Michigan. Over that time, Fifth Third has trained more than 200 individuals, and is proud to have dozens of those individuals as employees of the Company. The placement rate for all Project SEARCH interns since 2005 is 73 percent.
Human Rights Campaign
For the second consecutive year, Fifth Third Bank has been awarded a score of 100 percent on the Corporate Equality Index (CEI), a national benchmarking survey and report on corporate policies and practices related to LGBT workplace equality, administered by the Human Rights Campaign (HRC) Foundation. Fifth Third joins the ranks of 517 major U.S. businesses which also earned top marks in the 2017 award. This recognition is evidence of Fifth Third’s commitment to inclusion and diversity and earned the Company the designation as a Best Place to Work for LGBT Equality.