Arbella Insurance Group Makes Public Commitment to Closing the Racial/Gender Wage Gap by Joining Boston Women’s Workforce Council
Employer Signs Pledge to Share Payroll Data, Address Inequities
BOSTON, MA (June 2021) – The Boston Women’s Workforce Council (BWWC) today announced that it has expanded its sponsorship ranks with the addition of Arbella Insurance Group as an Anchor Signer of the 100% Talent Compact. With this action, Arbella’s leadership team is actively and publicly committing resources to help close the gender/racial wage gap among Greater Boston employers.
The announcement comes at a critical moment for gender/racial pay equity, as the nation rebounds and rebuilds from a “shecession” that kept millions of women out of the workforce and as the wage gap persists. According to BWWC data, women on average earn 30 cents less on the dollar than their male counterparts, and the disparity for women of color is as high as 55 cents.
“We are honored to be a part of this important initiative to achieve equitable pay and advancement for working women,” says Arbella Insurance Chairman, President and CEO John Donohue. “The BWWC is a model for how the public and private sectors can come together to close the wage gap and reinforce a commitment to gender equity. We look forward to working with BWWC and creating workplaces that work for everyone.”
Founded in 2013, the BWWC leads a unique public-private partnership between the Mayor’s Office and Greater Boston employers dedicated to eliminating the gender/racial wage gap. The BWWC recruits employers to sign the 100% Talent Compact, a pledge to examine their policies, work toward fixing pay and advancement inequities they might find, and share their payroll data on race and gender in order to provide a community snapshot on progress. It is a first-in-the-nation approach to removing the visible and invisible barriers to women’s advancement
Over 250 Boston-area employers have signed the compact. They represent a wide swath of organizations, ranging in size and industry. These employers are all working toward the common goal of making Boston the best place for working women. Arbella joins five other Anchor Signers including Mass General Brigham, MassMutual, Putnam Investments, State Street, and Vertex.
“We are thrilled to have Arbella as a key member of the Boston Women’s Workforce Council,” says Kim Borman, Executive Director of BWWC. “Arbella’s commitment to gender/racial pay equity is a testament to their values and can be a catalyst for other companies to join this movement to make Boston the best city for working women.”
Based in Quincy, Mass., the Arbella Insurance Group is a mutual insurance company that employs more than 1,000 workers in the state of Massachusetts and is affiliated with a network of 500 independent insurance agents across New England. Arbella is deeply committed to providing employees with both professional and personal support. The company offers flexible work-life balance options along with a variety of educational and professional development programs. It also provides extensive onsite health and wellness activities, including personal training, nutrition classes, counseling, and support for new moms transitioning back into the workforce after maternity leave.
Media Contact:
Hannah Miller; (413) 717-7759; hannah@teakmedia.com
About the Arbella Insurance Group
Established in 1988, the Arbella Insurance Group (www.arbella.com) is an A rated company by AM Best, with more than $800 million in revenue and approximately $1.8 billion in assets. Headquartered in Quincy, Massachusetts, Arbella is a customer-focused, regional property and casualty insurance company, providing commercial insurance products in Massachusetts, Connecticut, Rhode Island, and New Hampshire, and personal insurance products in Massachusetts and Connecticut. Recognized as one of the Boston Business Journal’s “Best Places to Work” for 12 consecutive years, Arbella is deeply committed to maintaining high levels of employee satisfaction and supporting a positive and inclusive workplace culture. Arbella attributes its success to their dedicated employees, strong agent partnerships and community focus.
About the BWWC
Founded in 2013, the Boston Women’s Workforce Council (BWWC) leads a unique public-private partnership between the Boston Mayor’s office and Greater Boston employers dedicated to eliminating the gender/racial wage gap. The BWWC recruits employers to sign the 100% Talent Compact, a pledge to examine their policies, work toward fixing pay and advancement inequities they might find, and share their payroll data on race and gender in order to provide a community snapshot on progress. It is a first-in-the-nation approach to removing the visible and invisible barriers to women’s advancement. For more information, visit www.thebwwc.org.