Case Study - Returnship
Bank of England Career Returners
The Bank has found partnering with Women Returners totally invaluable! They really are experts in the field and have shared their wealth of knowledge helping us get our programme set up, the first of which was a huge success. Not only has their advice and guidance on this set up helped enormously, but the coaching they provide to our returners is hugely supportive and positive. Suffice to say we have partnered with them for our second programme and look forward to working together to attract our third cohort.
Structure of the Career Returners programme
• 6 month paid returnship based in London
• Opportunities in Supervision, Policy and Support within the Prudential Regulation Authority in 2018. Also in Legal and Technical in 2019
• Real and meaningful work allowing returners to have impact and showcase their skills
• Support from Women Returners with programme design, candidate attraction, interviewer and line manager training
• Women Returners provides Career Returners Coaching Programme giving returners tailored support, delivered in group workshops, at key points during their transition back to work
Participants
• Returners, both women and men, who have been on a career break of between 5 – 10 years
• 16 returners participated in the programme in 2018, while 19 started in Autumn 2019
Results
• Over-subscribed Launch Events and very strong level of applications
• 94% conversion rate to permanent roles after 6 months
• Strongly networked and supportive cohort of highly motivated mid – senior level returners
• Reported to have driven diversity of thinking as well as boosting gender diversity
• A cost-effective approach for attracting high calibre talent