FRIEDRICH ENGEL

“Approximately 90% of Fortune 500 companies now have employee resource groups (ERGs). Some have had ERGs for over 30 years. Other companies are just launching their employee resource groups. Organizations with ERGs tend to have between 6 to 8 of them. When organizations have ERGs, their minimum target is to get at a minimum of 10% of their employee population belonging to an ERG. Some companies have ERGs that are quite established in an organization to the point that they have about 40% of their employees belonging to one ERG.Yet even though ERGs are quite prevalent in corporate America, most companies struggle to expand the value proposition of their ERGs beyond them being viewed as the "food, flag and fun" groups. This reputation has been established because ERGs often focus on social events, networking activities, community outreach and cultural celebrations. These aspects are important, but ERGs remain an under-utilized business asset. Also, while companies try to leverage their ”

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