Understand the barriers that hold ethnic minorities back in the workplace, and the ways your firm can overcome them, with our new practical guide.
BAME individuals still face a glass ceiling in the workplace. Despite the fact that the number of students from ethnic minority backgrounds has doubled over the past 25 years, they are still under-represented at all levels of UK organisations.
But according to the McGregor-Smith Review, in addition to being a matter of fairness and equality, bridging the ethnicity pay gap could uplift UK GDP by up to £24bn per year – 1.3% of GDP growth.
Diverse companies are better companies. Businesses who work towards diversity and inclusion are rewarded with up to 100% higher individual performance, happier and more engaged staff, and are 33% more likely to outperform their peers on profitability. And better inclusion at every level of business is reflective of our diverse society.
While a lot of the reasons for the ethnicity pay gap and the lack of representation are based on societal issues, there are still actions