What You Can Learn from Your Employee Networks
Employee resource groups (ERGs) provide a place for women, veterans, LGBT employees, people of color, people with disabilities, working parents, and others to connect and help ensure the workplace welcomes and supports their productivity. Yet even though the number of ERGs has taken off, companies seldom assess these groups’ success.
We know that the activities associated with ERGs have general value. Networking, for example, is linked (pdf) to an increase in promotions and in compensation, to greater career satisfaction, and to salary growth. Mentoring also yields demonstrated benefits: People with mentors are more likely to receive promotions and salary increases (pdf).