Resource Groups and Company Support

Challenge

Gender Strategies:
We recognized the opportunity to leverage the knowledge and expertise of our current female leaders to empower and inspire the next generation of women leaders at U.S. Bancorp.

Veteran's Initiatives:
We recognized the opportunity to provide our employees who are military veterans and their families a variety of resources to support them before, during and after their service.

Actions

Gender Strategies:
For U.S. Bank, diversity and inclusion is a business imperative, and we have developed many programs to help women succeed.

More than 60 percent of our workforce is composed of women, which ranks us amongst the most diverse in our industry. Our U.S. Bank Women's Business Resource Group was launched in 2016 and has 14 chapters across the company. Additionally, U.S. Bank provides advocacy and sponsorship coaching for leaders and managers to help them grow as leaders.

Additionally, our Board of Directors was recognized by the Alliance for Board Diversity as one of only 29 companies in the Fortune 500 with the broadest diversity.

Veteran's Initiatives:
U.S. Bank is committed to hiring military veterans. We provide a variety of resources to support veterans and military spouses. Our policies regarding leave, benefits and pay differential for National Guard and Reserve employees are among the most inclusive in our industry and exceed state and federal standards.

The Proud to Serve Business Resource Group reaches employees across the company through our Virtual chapter. In addition, there are local chapters of Proud to Serve in Cincinnati, Denver, Oregon/Southwest Washington, Southeast Wisconsin and the Twin Cities. Through Proud to Serve, we encourage employees to participate in opportunities to honor and support veterans and military families.

Outcomes

Gender Strategies:

  • There are approximately 5,500 members of our Women's Business Resource Group.

Veteran's Initiatives:

  • Approximately 2,000 employee veterans work at U.S. Bank, including National Guard and Reserve members.
    More than 500 veterans joined U.S. Bank in 2016.

 

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