Q1 Mortgage Newsletter 2024

One of the key ways in which Race Equality Week can impact the workplace is by fostering a sense of belonging and empowerment among minority colleagues. When individuals feel valued and respected for who they are, they are more likely to contribute their best work and actively engage in the goals of the organisation and the wider mortgage industry. This sense of belonging is not only beneficial for employee morale but also translates into tangible business outcomes, including increased productivity and innovation which is fundamental for our industry. Moreover, Race Equality Week serves as a catalyst for organizational change by prompting companies to reassess their policies and practices through a diversity lens. From recruitment and retention strategies to leadership development programs, organizations are increasingly recognizing the importance of creating a level playing field for all employees. By implementing initiatives aimed at promoting diversity and inclusion, companies can foster a culture where everyone has an equal opportunity to succeed. But we do need everyone to play their part and allyship is a fundamental part in creating that level playing field. Committing to and turning up to events, showing curiosity and seeking to understand whilst also not being a bystander are just some of the ways an ally can help and support in creating a diverse, equitable and inclusive mortgage industry. There is a lot of great work going on within the industry, whether that is internally in organisations or industry led like the work of AMI and IMLA (Working In Mortgages - Shaping the future). However, we need to continue to build on this work and elevate it further if we’re to reach our ultimate goal of creating a truly diverse and inclusive mortgage industry, which means we need everyone across the industry on this journey together. So the question to ask yourself is – are you playing your part? 11 SPRING MORTGAGE NEWSLETTER

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