Wnet Joins McKinsey & Company and LeanIn.Org in 2019 Women in the Workplace Research, Serving as an Industry Champion to Galvanize the Payments Community

Press Release
April 30, 2019

Wnet to Invite Members, the Preeminent Women in Payments and Fintech, to Contribute to Research on Advancing Women in the Workplace

WAKEFIELD, Mass. -- April 30, 2019 – The Women's Network in Electronic Transactions (Wnet), the premier professional organization for women in payments and the men that advocate for them; and McKinsey & Company, a global consulting firm, today announced a partnership to collaborate on research on the state of women in corporate America. Through this joint effort, Wnet is serving as an industry champion to invite members at payments companies to participate in the annual McKinsey & Company and LeanIn.Org Women in the Workplace study.

·         Learn more at the Wnet Networking Reception at ETA TRANSACT on Wednesday, May 1, from 5:00 p.m. to 6:00 p.m., at Paysafe’s TRANSACT booth, #2103.

The "Women in the Workplace" study is one of the largest comprehensive studies of the state of women in corporate America. Since 2015, McKinsey & Company and LeanIn.Org have annually published a report to give companies and employees the information they need to advance women and improve gender diversity within their organizations. Companies cannot make progress on issues they do not clearly see. This study provides data to track their progress over time and increase their ability to hire, retain and promote women.

“We are delighted to be joining forces with McKinsey to support research on advancing women’s leadership. We need everyone on board to help us create a world where a woman’s potential is as unlimited as her ambition,” said Carol Grunberg, Wnet President, and Head of Growth, Global and Strategic Partnerships, Ant Financial.

Wnet members and corporate sponsors will be able to contribute and provide important input as global leaders in the payments industry.

“We are very pleased to partner with Wnet. As we gain more insight into trends within the payments community, more payments companies will be able to use the McKinsey & Company and LeanIn.Org 'Women in the Workplace' research to create a more diverse and equal industry,” said Alexis Krivkovich, Senior Partner, McKinsey & Company.

Wnet pioneered some of the industry’s earliest initiatives to empower and support women in the payments business, and today its education, mentoring and annual Wnet Leadership Summit enable more organizations to empower and guide women to leadership and executive positions.

“The research partnership is just one more way Wnet’s inspiring and educational programming aims to ensure that the payments landscape is evolving to become more diverse, creative and productive, thereby leading to more profitable businesses,” said Wnet Executive Director Lisl Dutterer.

About the "Women in the Workplace" Study

Women in the Workplace is one of the largest comprehensive studies of the state of women in corporate America. Since 2015, McKinsey & Company and LeanIn.org have published this report annually to give companies and employees the information they need to advance women and improve gender diversity within their organizations. McKinsey & Company also conducted similar research in 2012. Last year, 279 companies employing more than 13 million people shared their pipeline data and completed a survey of their HR practices. In addition, more than 64,000 employees were surveyed on their workplace experiences, and researchers interviewed women of different races and ethnicities and LGBTQ women for additional insights. Since 2015, 462 companies employing almost 20 million people have participated in the study. 

About McKinsey & Company

McKinsey & Company is a global management consulting firm, deeply committed to helping institutions in the private, public and social sectors achieve lasting success. For more than eight decades, the firm's primary objective has been to serve as our clients' most trusted external advisor. With consultants in more than 100 offices in 60 countries, across industries and functions, McKinsey & Company brings unparalleled expertise to clients anywhere in the world, working closely with teams at all levels of an organization to shape winning strategies, mobilize for change, build capabilities and drive successful execution. https://www.mckinsey.com/

About LeanIn.Org

An initiative of the Sheryl Sandberg & Dave Goldberg Family Foundation, LeanIn.Org works to help women achieve their ambitions and create a more equal world. LeanIn.Org offers inspiration and support through an online community, free education materials, and Lean In Circles, small groups of peers who meet regularly to learn and grow together. The Lean In community includes more than two million women and men and 42,000 Lean In Circles in 171 countries. The Sheryl Sandberg & Dave Goldberg Family Foundation, which also runs OptionB.Org, is a private operating nonprofit organization under IRS section 501(c)(3). https://leanin.org/

About the Women's Network in Electronic Transactions (Wnet)

Women's Network in Electronic Transactions (Wnet) is the premier professional organization for women in payments; providing personal enrichment no matter what stage members are in their careers. The organization provides world-class national and regional programming, fosters networking and promotes mentoring to help members achieve greater personal success, influence and professional parity. Founded in 2005, Wnet is a 501 (c) (3) not-for-profit organization serving thousands of women in payments annually. For more information about national and regional events and programming, or to become a member, please visit www.wnetonline.org.

Media Contacts

Wnet

Jessie Hennion

Tel: +1 781-897-6280

Email: jhennion@virtualinc.com

Media Contacts

McKinsey

Margaret Swink

Tel: +1 415 505 3785

Email: Margaret_swink@mckinsey.com