As we mark Pride Month as both a personal and communal celebration of visibility, perseverance, and dignity, a few of our associates highlighted the importance of our BRG in creating space to share their lived experiences as members and allies of the LGBTQ+ community.
We are committed to progress. Grounded in an intentional, multiyear global strategy, our vision is clear, our priorities are aligned, and our direction is focused.
We recruit and engage candidates with different backgrounds and experiences who bring new perspectives. With a dedicated Diversity Acquistion team and the support of diverse Board members, our Black Leadership Council, Amplify Voices, and other governance groups, we continually enhance our recruitment and outreach.
58%
total global diverse1 population
44%
female associates globally
18%
Black/African American, Hispanic/Latino, or Native American associates
42%
board diversity1
32%
ethnically diverse1 associates (U.S.)
42%
management diversity1
To learn more, view Our Diverse U.S. Population (PDF).
Each year, we offer a variety of global initiatives to inform, inspire, and recruit diverse early talent. M.B.A. Day, Launching Your Legacy, Women’s Stock Pitch workshop, internships, and apprenticeships are examples of how we introduce our industry to candidates and share work insights and career pathways at T. Rowe Price.
Our recruiting efforts don’t stop there. All people leaders and hiring managers are encouraged to advance DEI and enhance the candidate experience.
Training. Leadership development. Associate-led resource groups. These are some of the ways we support associates’ growth along their DEI journey and create an inclusive work environment for all.
Global program highlights:
1,348
hours spent in firmwide mentorship programs
11+
councils, advisory groups, associate-led resource groups, and heritage communities
As we recruit and retain a diverse workforce, it’s critical we foster a welcoming, respectful workplace, which better equips us to help our clients thrive.
Our associate-led resource groups play a vital role in helping to maintain and evolve our culture. These are inclusive communities for those with diverse racial and ethnic backgrounds, diverse abilities, members of the LGBTQ+ community, women, and veterans. All associates are encouraged to join.
Advances cultural diversity to help associates and the firm succeed.
Ensures all LGBTQ+ associates are comfortable bringing their full selves to work.
Helps us attract, develop, advance, and retain principled women.
Honors the contributions, strength, and experience of veterans and their families.
Promote awareness, education, and acceptance of the broad spectrum of conditions affecting associates.
50%
of associates belong to at least one associate-led resource group
94%
of our people leaders attended Managing Inclusion training
We integrate DEI into how we engage the world around us. Collaborating with other organizations, we unify efforts and share insights on building a diverse, equitable, and inclusive workplace.
Our supplier diversity program prioritizes relationships with small and diverse business owners. By 2025, we aim to spend $50 million with diverse-owned and small disadvantaged-owned businesses in the U.S. annually.
Strategic partnerships with diverse organizations help us expand our reach, identify learning and training opportunities, and further engage with prospective associates of all backgrounds.
Our current commitments include:
We are one of 17 industry-leading employers to participate in the Management Leadership for Tomorrow (MLT) Hispanic Equity at Work Certification. This multiyear initiative establishes a standard of and a road map to Hispanic equity in the workplace.
The firm also participates in the MLT Black Equity at Work Certification program.
Environmental, social, and governance (ESG) factors are integrated into our investment approach, and they drive how we behave as a company. We believe this allows us to position ourselves and our clients for long-term success.
Whether tutoring in schools, feeding the hungry, or helping small businesses, our associates bring a spirit of generosity to everything they do. The T. Rowe Price Foundation supports nonprofits that empower and enrich the communities in which we live and operate.
Collectively, we depend on each other for the successes and failures of our work and are responsible for doing the right thing for our business, clients, and associates.
Representation goals by 2025:
46% female associates globally with 33% in senior roles1
19% underrepresented talent2 with 10% in senior roles1
Best Places to Work for LGBTQ+ Equality 2022
Gender-Equality Index 2023
Inclusion Index 2022
Top 100 Employers 2022
Dive deeper into what makes us an employer of choice.
Corporate Responsibility
Our approach to supporting the community focuses on expanding opportunities for all.
Life at T. Rowe Price
What's it like to work here? Our associates share their stories and career advice.