Deloitte comments on new legal requirements for large companies to publish gender pay gap details has been saved
Deloitte comments on new legal requirements for large companies to publish gender pay gap details
12 February 2016
David Sproul, Senior Partner and Chief Executive at Deloitte UK, said: “Today’s announcement is an important step in achieving greater gender parity, for pay and representation, at all levels within big businesses. Being able to access information about a company’s gender pay gap will enable people to make better informed decisions about potential employers, while companies will also be able to consider gender pay when selecting suppliers.
“At Deloitte, we are open and transparent about the issues we face in tackling gender diversity. We reported our gender pay gap last year and, looking across our organisation as a whole, our gender pay gap stands at 17.8% (around 1.3% below the national figure). However, within each grade the pay gap is significantly lower, at 1.5% on average. This illustrates that for Deloitte, the issue is far less about how we pay our people and more about the number of women employed at more senior grades. In FY14, we set an ambition that 25 per cent of our partner group would be women by 2020 and 30 per cent by 2030 and we are clear as to the steps that we need to take to achieve that.
“Pay parity is one part of the equation; we also understand that achieving meaningful and sustained change will need a combination of culture change and targeted actions. So alongside programmes such as our Return to Work Internship for women who have been out of the workplace but wish to re-enter it, we have been working hard to ensure that we provide a working environment that enables women to balance a successful career with family life. We are midway through our journey, but reporting our gender pay gap has helped us to make progress.”
Notes to editors
In this press release references to Deloitte are references to Deloitte LLP, which is among the country's leading professional services firms.
Deloitte LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu Limited (“DTTL”), a UK private company limited by guarantee, whose member firms are legally separate and independent entities. Please see www.deloitte.co.uk/about for a detailed description of the legal structure of DTTL and its member firms.
The information contained in this press release is correct at the time of going to press.
Member of Deloitte Touche Tohmatsu Limited.