Gender pay gap announcement
Deloitte welcomes the opportunity to report our gender pay gap under The Equality Act 2010 (Gender Pay Gap Information) Regulations 2017.
Under new legislation that came into force in April, UK employers with more than 250 employees are required to publish their gender pay gap. Increasing gender pay gap transparency is a topic we’ve taken a leading and visible position on for some time. We have been voluntarily reporting our gender pay gap since 2015 and worked closely with the Government Equalities Office to produce their report Trailblazing Transparency: Mending the Gap.
Being transparent about gender pay
We first reported our gender pay gap in August 2015 and again in August 2016. At the time of both reports, we were transparent as to the issue that was causing this gap (as with many organisations, a lack of women at the most senior levels of our firm). We were also very clear about the steps that we have been taking to ensure that our firm is balanced from a gender perspective.
We are working to an action plan that we put in place in 2014, with accountability for its delivery sitting with our firm’s Executive and with our Senior Partner & Chief Executive. The plan, which is published on our intranet for our people to see and measure our progress against, comprises a number of targeted interventions and – most critically – a focus on our culture.
Understanding the gap and taking action to address it
Analysing and reporting our gender pay gap over the past two years has also proved to be a critical measurement against which we can consider our progress. While all our data shows that we have identified – and are focusing on – the correct actions, it also shows that meaningful and sustained change will take time and consistent focus by our most senior leaders.
Our aim is for everyone at Deloitte to be able to build and sustain a successful career. We believe this requires a combination of deliberate actions and ensuring that we provide an inclusive culture and an agile, flexible working environment for our people to operate in.