Deloitte UK has publicly reported its ethnicity pay gap for the first time has been saved
Deloitte UK has publicly reported its ethnicity pay gap for the first time
6 December 2017
Deloitte’s median hourly pay gap for its Black, Asian and Minority Ethnic (BAME) employees is 8.7% and its mean ethnicity pay gap is 12.9%. The firm’s median bonus gap for BAME employees is 34.7% and its mean ethnicity bonus gap is 41.9%. As with its gender pay gap, Deloitte’s analysis shows that this gap is due to the lower proportion of BAME employees holding the most senior positions within the firm.
The ethnicity pay gap illustrates the percentage difference (for salary and bonus) between Black, Asian and Minority Ethnic (BAME) and non-BAME colleagues within Deloitte as a whole.
BAME employees make up 18% of the Deloitte UK workforce but less than 5% of its most senior positions. As with its focus on gender, the firm is working hard to make progress in this area and has agreed targets in line with the Parker Review. The firm has committed that by 2021: 10% of its partners will be BAME, its Executive group will have at least one BAME member, and each of its business leadership teams will include at least one BAME member.
Deloitte has been recognised for the steps it has already taken to ensure that there are no barriers to its best people progressing within the firm and has reported on progress in its most recent Impact Report. In October, Business in the Community (BiTC) named Deloitte as one of their best companies for race, recognising the firm’s efforts in helping to drive the agenda for a more diverse and inclusive workplace.
Emma Codd, Managing Partner for Talent at Deloitte UK says: “Our focus on providing a culture and environment where everyone can be themselves, thrive, develop and succeed is starting to have a positive impact. While today’s pay gap report demonstrates that there is still some way to go, we are fully committed to achieving the balance we should have through targeted actions alongside our continued focus on providing an inclusive culture.”
Notes to editors
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The information contained in this press release is correct at the time of going to press.
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