Leading Financial Group Partners with University of Oxford and Startup CareerPoint for Study on Individual and Organizational Impact of Career Advancement Services
Santa Fe, New Mexico (October 2021) The COVID-19 pandemic has left companies grappling with how to support employees in a new virtual and hybrid work environment in a meaningful way that will increase retention, productivity and satisfaction. An impactful new study is tracking the role of career advancement services to do just this, and corporations are getting on board. MUFG Investor Services, a provider of asset servicing solutions to clients globally, today announced it is the latest company to sign on to a ground-breaking research partnership between the University of Oxford and remote employee coaching start-up CareerPoint.com.
The nine-month study will be conducted by the University of Oxford’s Kellogg College to investigate attitudes towards career advancement among young professional employees and the impact of coaching interventions on performance, engagement, and career advancement. Participating companies will receive a wealth of insights into career advancement obstacles, both real and perceived, among a group which, for many companies, represents the next generation of managers and executives.
“We’re delighted to welcome a truly progressive employer like MUFG Investor Services to our Corporate Research Program,” said CareerPoint Founder and CEO Steve McIntosh. “Numerous studies have shown that providing career advancement opportunities is key to attracting and engaging the best talent. It’s exciting to partner with industry leaders like MUFG Investor Services and a centre of academic excellence like Oxford to advance society’s understanding in this very important area.”
The CareerPoint Corporate Research Program is open to companies in qualifying industry sectors in North America, the UK and Ireland. Participating companies nominate between 10 and 50 young professional employees who each receive personalized CareerPoint coaching over a four-week period.
Professor William Scott-Jackson, Research Director at the Oxford Centre for Employee Engagement said, “Coaching has long been restricted to those at the top of organisations. This important study will explore the individual and organisational impact of providing this valuable tool for staff at all levels. This has been made possible through the support of far-sighted companies like MUFG Investor Services and the development of a new ‘democratised’ coaching model developed by CareerPoint.”
“We are delighted to be partnering with CareerPoint for this important initiative. We take career development and coaching extremely seriously at MUFG Investor Services, and believe it is more important than ever for people to be provided with the right coaching and advancement opportunities, particularly in this new hybrid world,” said Alan Kennedy, Managing Director – Global Head of Client Operations at MUFG Investor Services. “I am confident that this study will shine a light on how impactful coaching can be at all levels of an organization, and that our employees who are taking part will find it to be a truly rewarding experience.”
Representatives of companies interested in participating in the Oxford/CareerPoint Corporate Research Program should contact Head of Research & Partnerships Sipha Ndawonde at [email protected].
About MUFG Investor Services
MUFG Investor Services provides asset servicing solutions to clients globally. Leveraging the financial and intellectual capital of Mitsubishi UFJ Financial Group, Inc – one of the largest banks in the world with $3.2 trillion in assets – we provide clients access to a range of leading solutions across all investment strategies, asset types and fund structures. Services include fund administration, fund accounting, global custody, transfer agency, trustee, depositary, middle-office services, environmental, social and governance services, securities lending, escrow, FX, banking and fund finance.
MUFG Investor Services currently provides administration services for over 2,670 funds across all investment strategies, asset types and fund structures with over $743 billion in assets under administration.
For more information visit www.mufg-investorservices.com.
CareerPoint.com is the world’s first career advancement coaching platform, empowering young professionals and leveling the playing field for historically under-represented groups. CareerPoint’s innovative four-hour coaching program, delivered remotely, aims to build confidence, enhance employee value and develop the win-win relationships young professionals need to advance. For more information visit www.careerpoint.com.