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Funding for Business/Employee Resource Groups
I work for an organization that is building out their employee resource groups and one of the biggest questions I have is around funding. Can anyone share how their organizations fund ERG's/BRG's, the process and are you providing the same ERG funding amount to the ERGs regardless of size or is there some type of sliding scale? Thank you in advance!
Rose Olea
Helping Organizations Succeed
11
11/03/20 at 3:22PM UTC
It depends on the organization's reasons or strategy as to why they are even starting E/BRGs. Is it employee retention or recruitment? Then the funding will be allocated based on who they want to hire. Business development? Then it will go to E/BRGs that best penetrate that pipeline.
FGB Community ManagerConnecting career-minded women
1.81k
10/29/20 at 2:09PM UTC
Hey there! Thanks for sharing this. There's a group on Fairygodboss for ERG leaders to share their best practices and tips if you want to check it out!: https://fairygodboss.com/groups/sbzCcyR9H/erg-leaders-best-practices-tips
Gargi BiswasAward Winning Business Leader(Digital Solutions)
60
10/29/20 at 1:50PM UTC
Usually one of the business head can be a sponsor but you will have to prepare a business case and also draft a projected expense report.
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