# An update on the Women in Finance Charter

**URL:** <https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234>\
**Category:** News & Updates\
**Created:** [20 November 2018 09:46 UTC](https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234 "2018-11-20T09:46:50Z")\
**Posts on this page:** 20\
**Page:** 1

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**Author:** ![bea](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/bea/32/29111_2.png) [@bea](https://community.monzo.com/u/bea)\
**Post date:** [20 November 2018 09:46 UTC](https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234/1 "2018-11-20T09:46:50Z")

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We’re working to improve the gender balance in our senior team – here’s how we’re doing so far.

> **[An update on the Women in Finance Charter](https://monzo.com/blog/2018/11/20/women-in-finance-update/)**
>
> In May 2017 we signed the Women in Finance Charter, and pledged to improve the gender balance in our senior team. Here’s an update on the progress we’ve made so far.

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**Author:** ![anon75991610](https://avatars.discourse-cdn.com/v4/letter/a/f07891/32.png) [@anon75991610](https://community.monzo.com/u/anon75991610)\
**Post date:** [20 November 2018 11:16 UTC](https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234/2 "2018-11-20T11:16:34Z")

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I don’t understand why this is even an issue. Surely you just recruit for a position people apply for that position and you then give the role to the person that is best suited for the job, thats it I’ve solved it for you. Gender, race, age should never come into it, simply hire the person thats best suited for the role. If that leads to a disparity then so be it. I feel like this is a non issue that you’re wasting time on.

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**Author:** ![Rat\_au\_van](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/rat_au_van/32/49103_2.png) [@Rat\_au\_van](https://community.monzo.com/u/Rat_au_van)\
**Post date:** [20 November 2018 11:27 UTC](https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234/4 "2018-11-20T11:27:14Z")

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Great to see Monzo continue to address these issues 💖

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**Author:** ![jzw95](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/jzw95/32/5896_2.png) [@jzw95](https://community.monzo.com/u/jzw95)\
**Post date:** [20 November 2018 11:53 UTC](https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234/5 "2018-11-20T11:53:21Z")

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> [@anonymoususer](#):
>
> In business the only colour is green, whoever you think will make you more of it is the one you hire.

I don’t understand. Monzo aren’t in the gardening business, what does ‘making green’ mean?

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**Author:** ![danmullen](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/danmullen/32/24276_2.png) [@danmullen](https://community.monzo.com/u/danmullen)\
**Post date:** [20 November 2018 11:56 UTC](https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234/6 "2018-11-20T11:56:14Z")

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> [@jzw95](#):
>
> > [@anonymoususer](#):
> >
> > In business the only colour is green, whoever you think will make you more of it is the one you hire.
> 
> I don’t understand. Monzo aren’t in the gardening business, what does ‘making green’ mean?

Money, dollar bills, greenbacks…

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**Author:** ![jzw95](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/jzw95/32/5896_2.png) [@jzw95](https://community.monzo.com/u/jzw95)\
**Post date:** [20 November 2018 11:56 UTC](https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234/7 "2018-11-20T11:56:28Z")

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> [@anon75991610](#):
>
> I don’t understand why this is even an issue.

Since you seem to have missed all the discussions and explanation over the past few years, in a range of media and outlets, about the inherent structural and cultural biases that discriminate against or discourage women from participating in certain industries, here’s a website that will allow you to explore this topic in full:

[https://duckduckgo.com](https://duckduckgo.com)

Once you’ve done a bit of research, feel free to participate in an informed discussion!

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**Author:** ![jzw95](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/jzw95/32/5896_2.png) [@jzw95](https://community.monzo.com/u/jzw95)\
**Post date:** [20 November 2018 11:57 UTC](https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234/8 "2018-11-20T11:57:38Z")

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> [@danmullen](#):
>
> Money, dollar bills, greenbacks…

Is the implication that Monzo should be hiring solely based on who can expand into the US fastest? Or attract the most US investors?

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**Author:** ![cookywook](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/cookywook/32/24136_2.png) [@cookywook](https://community.monzo.com/u/cookywook)\
**Post date:** [20 November 2018 12:02 UTC](https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234/9 "2018-11-20T12:02:07Z")

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Hi all, it should go without saying that diversity and inclusion are really important to us here at Monzo. And this isn’t the place to debate its pros and cons - there are plenty of other places online for that discussion.

Here’s a good statement of where we stand:

> [@An Update on Diversity and Inclusion at Monzo](https://community.monzo.com/t/an-update-on-diversity-and-inclusion-at-monzo/34943/71):
>
> I think having diverse world views, politics and lived experiences are crucial to a successful workplace. We can’t exist in echo chambers and your values and ideas should be able to be challenged if they are firmly held. A good debate is a favourite past time! However, if your world view or politics involves being intolerant of others then that is diversity we are happy not to have. Working in a kind, supportive environment is part of the reason I love working at Monzo. Work should be challengi…

We’re happy to keep this thread open to discuss the approach we’re taking to tackling this at Monzo, particularly in response to our Women in Finance charter commitments. But we won’t welcome any kind of discussion around whether this is worth purusing in the first place.

As a reminder, our [Code of Conduct](https://paper.dropbox.com/doc/Q4-Squads--ANyJ0Qam12xaFO6R7KBUi3GeAg-RDRJIy0j1V7h7aqKmHwoe) states that on the Monzo community you agree to uphold inlcusivity:

> We want everyone to feel included in our community. In particular, nobody should ever feel excluded on the basis of their:
> 
> - Gender, gender identity, or gender expression
> - Sexual orientation

We’ll close the thread if it veers off-topic or becomes non-constructive.

Thanks.

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**Author:** ![danmullen](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/danmullen/32/24276_2.png) [@danmullen](https://community.monzo.com/u/danmullen)\
**Post date:** [20 November 2018 12:02 UTC](https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234/10 "2018-11-20T12:02:32Z")

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> [@jzw95](#):
>
> > [@danmullen](#):
> >
> > Money, dollar bills, greenbacks…
> 
> Is the implication that Monzo should be hiring solely based on who can expand into the US fastest? Or attract the most US investors?

I can’t speak for @Recchan but I suspect it was simply a reference to money, not specifically the US kind.

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**Author:** ![anon4562461](https://avatars.discourse-cdn.com/v4/letter/a/9f8e36/32.png) [@anon4562461](https://community.monzo.com/u/anon4562461)\
**Post date:** [20 November 2018 12:46 UTC](https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234/11 "2018-11-20T12:46:27Z")

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This is excellent news. Initiatives like this will only strengthen the values I’m trying to give my two boys and daughter.

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**Author:** ![anon10040808](https://avatars.discourse-cdn.com/v4/letter/a/eada6e/32.png) [@anon10040808](https://community.monzo.com/u/anon10040808)\
**Post date:** [20 November 2018 18:10 UTC](https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234/12 "2018-11-20T18:10:39Z")

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Split this topic on 20 November 2018 18:10 UTC

5 posts were split to a new topic: [Removed posts 20/11](https://community.monzo.com/t/removed-posts-20-11/52359)

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**Author:** ![Rat\_au\_van](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/rat_au_van/32/49103_2.png) [@Rat\_au\_van](https://community.monzo.com/u/Rat_au_van)\
**Post date:** [20 November 2018 13:03 UTC](https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234/13 "2018-11-20T13:03:46Z")

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Transwomen are still women. That’s not really a debate for here though

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**Author:** ![Hatticus](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/hatticus/32/26831_2.png) [@Hatticus](https://community.monzo.com/u/Hatticus)\
**Post date:** [20 November 2018 13:09 UTC](https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234/16 "2018-11-20T13:09:07Z")

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This thread probably isn’t the place to get into the wider debate about trans- and womens-rights.

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**Author:** ![anon4562461](https://avatars.discourse-cdn.com/v4/letter/a/9f8e36/32.png) [@anon4562461](https://community.monzo.com/u/anon4562461)\
**Post date:** [20 November 2018 13:10 UTC](https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234/17 "2018-11-20T13:10:54Z")

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[https://giphy.com/gifs/film-balloons-hcsoflVVr8gY](https://giphy.com/gifs/film-balloons-hcsoflVVr8gY)

I’m outta here.

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**Author:** ![Hatticus](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/hatticus/32/26831_2.png) [@Hatticus](https://community.monzo.com/u/Hatticus)\
**Post date:** [20 November 2018 13:15 UTC](https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234/19 "2018-11-20T13:15:16Z")

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It’s pretty clear from the blog post that they’re asking people to self-identify 👍

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**Author:** ![evangelskies](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/evangelskies/32/48755_2.png) [@evangelskies](https://community.monzo.com/u/evangelskies)\
**Post date:** [20 November 2018 13:17 UTC](https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234/21 "2018-11-20T13:17:59Z")

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Thank you for this update and promise to continue striving for more representation. I love reading Monzo’s blogs about issues like this and then I come onto the forum to read the related thread… and realise why I don’t look forward to them as much anymore, since it will inevitably need to be shut down.

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**Author:** ![Eden](https://avatars.discourse-cdn.com/v4/letter/e/5f9b8f/32.png) [@Eden](https://community.monzo.com/u/Eden)\
**Post date:** [20 November 2018 13:23 UTC](https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234/22 "2018-11-20T13:23:00Z")

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Nothing anyone has said here should lead to anything being shut down. All the posts so far have been overall happiness for improving accessibility to the work place along with some concerns about how it’s being done.

There’s nothing wrong with voicing concerns, there definitely are some when a company is explicitly wanting to discriminate when hireing people.

Overall it’s good to see that it is an area that they are paying attention to. The concern to me is Monzos discrimination in hiring and the lack of effort to show people and encourage people to look at positions they might not have before (unless I’m missing that? They seem to be targeting their effort to close to home)

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**Author:** ![gallifreyangirl](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/gallifreyangirl/32/96820_2.png) [@gallifreyangirl](https://community.monzo.com/u/gallifreyangirl)\
**Post date:** [20 November 2018 13:25 UTC](https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234/23 "2018-11-20T13:25:40Z")

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I always think the best person suitable for the position should get the job and it should’t be just be down to a tick box exercise.

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**Author:** ![Rosie](https://avatars.discourse-cdn.com/v4/letter/r/5daacb/32.png) [@Rosie](https://community.monzo.com/u/Rosie)\
**Post date:** [20 November 2018 13:32 UTC](https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234/24 "2018-11-20T13:32:07Z")

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> [@gallifreyangirl](#):
>
> I always think the best person suitable for the position should get the job and it should’t be just be down to a tick box exercise.

Yes, but you also need to recognise the structural inequalities in society which means that people who aren’t white and male are often under-represented.

Of course you shouldn’t say “we need a woman to balance the board so we’ll bin all applications from men”. But you should for example, consider how accessible the application process is for under represented groups, and how accessible the work place and company is for under represented groups.

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**Author:** ![Tara](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/tara/32/4545_2.png) [@Tara](https://community.monzo.com/u/Tara)\
**Post date:** [20 November 2018 13:37 UTC](https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234/25 "2018-11-20T13:37:07Z")

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Hi Brad! Thanks for your comment.

We only ever hire people who are the best person to do the job. However, if we can make our jobs desirable to all kinds of different people it means we have a wider pool to select from and then can truly choose the best talent.

It’s important to think about how the choices we make as a business might exclude people or stop them from progressing so that we can create an environment where the best people can achieve their best work.

As we’re a bank trying to - in time - serve the world, it’s important to have different points of view and life experience in the room as we make decisions so we can make sure we build a product that is useful for all.

[Next page](https://community.monzo.com/t/an-update-on-the-women-in-finance-charter/52234.md?page=2)
