T. Rowe Price: A Beacon of Inclusion and Success

T. Rowe Price, a global investment management firm, has been recognized locally, nationally, and globally for fostering a positive workplace culture. The firm's commitment to diversity, equity, and inclusion (DEI) has not only enhanced employee engagement and job satisfaction but also contributed to its ability to attract and retain top talent. This article explores the key components of T. Rowe Price's DEI initiatives and their impact on the firm's success.

T. Rowe Price's DEI initiatives are centered around growing a diverse workforce, engaging associates, and sustaining a culture of inclusivity. The firm has achieved an impressive 58% global diverse population, with 44% female associates and 18% from Black/African American, Hispanic/Latino, or Native American backgrounds. This commitment is reflected in various initiatives, such as the Accelerated Leadership Development Experience for Ethnically Diverse Leaders and the Women in Sales, Investments, and Technology Programs.

The firm's dedication to DEI has led to a high level of associate satisfaction, with 94% of people leaders attending Managing Inclusion training and 50% of associates belonging to at least one associate-led resource group. This inclusive environment has not only improved employee engagement but also attracted and retained top talent, further strengthening T. Rowe Price's position as a leading investment management firm.

T. Rowe Price's commitment to community involvement and corporate responsibility has also significantly contributed to employee engagement and satisfaction. The firm's Money Confident Kids® program, which aims to build financial capabilities in communities, and its support for local nonprofits through the T. Rowe Price Foundation, have fostered a sense of purpose among employees. This commitment to community and culture has earned T. Rowe Price local, national, and global recognition for fostering a positive workplace culture.

In conclusion, T. Rowe Price's commitment to diversity, equity, and inclusion, as well as its dedication to community involvement and corporate responsibility, has created a positive work culture that resonates with employees and contributes to the firm's success. By fostering an inclusive environment, T. Rowe Price has created a culture that attracts and retains top talent, enhancing its position as a leading investment management firm.