Employee networks, resource groups and communities are good for business
A new “Global ERG Impact Report” by Radius Networks highlights the crucial role Employee Resource Groups (ERGs) play in organizations. The study interviewed more than 1,400 global companies across Asia-Pacific, Europe, the Middle East, and Africa.
Key insights include:
• ERGs are growing
• ERGs shape strategy
• ERGs drive change
• ERGs build belonging
• ERGs enhance careers
• ERGs drive innovation
This new report further strengthens the business case for ERGs across their organizations. Among the 10 most common areas of impact shown in the chart below, key business benefits of ERGs include that they create support networks and safe spaces, advocate for employee benefits and well-being, and ERGs create support networks and safe spaces, advocate for employee benefits and well-being, and positively influence recruitment and retention of diverse talent.
Overview
The “Global ERG Impact Report” by Radius Networks underscores the significant role Employee Resource Groups (ERGs) play in modern organizations. Based on a comprehensive survey initiated in early 2023, which included hundreds of global organizations and interviews with 75 HR or Network Leads, the findings are compelling. Notably, 99% of respondents acknowledged the positive impact of employee networks on their organizations, 94% recognized their influence in driving change, and 93% felt that these networks enhanced their personal sense of belonging.
The report features case studies from prominent companies such as EY, Google, HSBC, Tesco, and Ericsson, illustrating how ERGs contribute to organizational success. These groups are instrumental in shaping strategies, fostering inclusive cultures, and promoting employee development. For instance, at the University of Sunderland, staff networks have been pivotal in retaining talent by building a sense of belonging and ensuring employees feel valued.
Beyond internal benefits, ERGs also drive external impact by connecting organizations with diverse customer bases and contributing to societal change. The report highlights initiatives ranging from facilitating discussions on faith and finance in the Asia-Pacific region to promoting social mobility in Europe, the Middle East, and Africa. These examples demonstrate the extensive reach and influence of ERGs in fostering more inclusive communities both within and outside organizational boundaries.
