In March 2021, Nubank publicly announced the goal of hiring 3,300 women over the next 5 years and having 50% of leadership positions filled by women by 2025 at the latest.
The month of March, including the 8th, is not the time for celebration but reflection and commitment. We know that we are far from the much-desired gender equality at the social and labor level. That is why we continue working to improve more and more.
Nubank co-founder Cristina Junqueira commented on the announcement in an interview for SBT’s Poder em Foco program in Brazil (click here if you want to hear Cris speaking Portuguese).
What has Nubank done for gender equality?
Today, women represent 41% of the more than 2800 Nu employees distributed in offices in Brazil, Mexico, Colombia, Argentina, Germany and the United States. Furthermore, today 39% of people in managerial positions are women.
Building strong and diverse teams have always been one of Nubank’s pillars since our inception. Today, Nu is the only startup among the 10 most valuable in the world that has a woman as co-founder.
If coding is your thing
Periodically, Nubank runs a recruitment program targeting women in software engineering, ‘Yes, She Codes!’ To date, 95% of the program participants that have been hired by Nu are still part of our team.
Extended maternity leave for men and women
93% of Nubank employees who went into maternity leave opted for an extended leave, which lasts for six months. In the Brazilian market, only 40% of women who have this right use it, according to a study by Fundação Getulio Vargas.
NuWoman
Our Women Resource Employee Group, NuWoman, actively participates in creating policies to support gender equality in conjunction with our Diversity and Inclusion team with actions such as mentoring, engagement events, onboarding initiatives, and women’s professional development and well-being.
New mentoring program
On March 8, 2021, Nubank will also start a new program for its women employees. The idea is to contribute to their professional development through conversations and sessions with other Nu leaders. The project was inspired by Nu’s mentoring in the past that Cristina Junqueira herself led.