Saving money’s a breeze for Allstate women, thanks to on-site budgeting and financial management workshops.

Success breeds success at this financial services and insurance giant, which has just introduced Momentum, its new mentoring program that specifically targets multicultural professionals. Inspired by the popular one-year mentoring programs already offered through the company’s employee networks, the new initiative asks multicultural employees to identify what they perceive as their strengths, weaknesses and areas of interest, then pairs them with a mentor who fits the bill. Should they wish to further build skill sets, mentees may sign up for the Talent Acceleration program, which grants them three new eight-month assignments, with coaching. “It increased my internal and external professional networks and allowed me to mentor and develop others,” says employee support manager LaShawn Patterson, who is African-American. If employees want more regular exposure to company leaders, they can join the African-American and Asian-American employee networks, which host seminars on how to succeed at work. The Professional Latino Network organizes a leadership series and hosts business-card swaps through Casa Central, a Chicago nonprofit that unites 25 bilingual and cultural social-service programs.

Multicultural Women 21%
President & CEO Thomas Wilson
VP & Chief Diversity Officer Anise Wiley-Little

At Allstate, multicultural women represent…
5% of corporate executives
8% of senior managers
10% of the top earners
26% of the company hires
26% of the company losses