乐鱼(Leyu)体育官网

error
Subscriptions are not available for this site while you are logged into your current account.
close

Loading

The page is loading.

Please wait...

    Inclusion, Diversity and Equity

    Social mobility

    We empower our people to thrive with us.

    Social mobility is all about creating a fairer, more equitable society. And that work starts within our own firm. We've been committed to improving social mobility for over a decade and are extremely proud to be leading in this space. The network has been  recognised with the Highly Commended award Employee Network of the year 2023 at the Burberry British Diversity Awards and the activity that the network drives plays a pivotal role in making 乐鱼(Leyu)体育官网 a socially mobile workplace and the only business to be ranked in the top 5 of the Social Mobility Employer Index (SMEI) since it started in 2017.

    乐鱼(Leyu)体育官网 UK Social Mobility Employee Network (UpBringing) chairs

    Commitments and recognition

    We鈥檝e committed to having 29% lower socio-economic background representation at Partner level by 2030.
    We鈥檙e recognised as Organisation of the Year at the 2024 UK Social Mobility Awards (SOMOs).
    We鈥檙e a Living Wage accredited employer and were one of the first companies to be recognised as such.
    We鈥檝e been ranked #4 in the Social Mobility Employer Index 2024 and are the only business to have been recognised in the top five since it started in 2017.

    Where we are now

    Colleagues from lower socio-economic backgrounds firm-wide / 21% 1-Oct-24 spot count (1-Oct-23: 20%)
    Senior colleagues* from lower socio-economic backgrounds / 21% 1-Oct-24 spot count (1-Oct-23: 21%)
    Graduate and apprentice joiners from lower socio-economic backgrounds / 20% FY24 (FY23: 17%)
    New experienced hires from lower socio-economic backgrounds / 23% FY24 (FY23: 18%)

    These figures are based on those that have declared this information to us (72% of employees). Find out more about representation across our firm here. You can also find out about our 2024 Pay Gaps and how we鈥檙e addressing them here.

    *Senior colleagues includes Partners, Directors and Senior Managers

    Our social mobility action plan

    Accountable leaders In 2021, we set a socio-economic background representation target for the first time, aiming for 29 per cent of Partners to be from a lower socio-economic background by 2030. As part of this we're also publishing the socio-economic background of our Board and Executive Committee.

    As a firm, we鈥檝e been committed to improving social mobility for over a decade and we鈥檙e extremely proud to be the only business to have featured amongst the top 5 in the Social Mobility Employer Index since it started in 2017. In 2024, we were recognised as 鈥極rganisation of the Year鈥� at the Social Mobility Awards.

    鈥淚鈥檓 passionate about the role organisations like ours play in driving equal opportunity for all, and we鈥檙e not the only business who believes in this. Over the summer we held our second annual Social Mobility Conference, bringing leaders from a range of organisations, community partners, and suppliers together to discuss how we address social mobility in the workplace.

    Career advancement should be about realising potential, not background. It is through this belief, and longstanding focus in this area, that we鈥檝e continued to make important progress. This includes publishing extensive analysis into the impact of socio-economic background on progression in our firm; the biggest ever performed by a single business. We also launched our 鈥淥pening Doors to Opportunities鈥� initiative, which aims to give one million young people the opportunity to develop their skills by 2030."

    Jon Holt / Group Chief Executive and UK Senior Partner
    Our broader impact From becoming one of the first accredited Living Wage employers in 2012, to being the founding partner of the UK's National Numeracy Day in 2018, 乐鱼(Leyu)体育官网 has long been a leader on the social mobility agenda. In 2020, we supported the Social Mobility Commission with the planning and delivery of the Professional and Financial Services toolkit, and in November 2023 we sponsored the Social Mobility Foundations 鈥楲evelling the Playing Field鈥� report which provides employers with practical guidance on calculating their socio-economic background (SEB) pay gap.

    Jon Holt, Group Chief Executive and UK Senior Partner said: 鈥淚鈥檓 delighted that we are co-sponsoring the 鈥楲evelling the Playing Field鈥� guide. Improving opportunities for those from lower socio-economic backgrounds is not only a moral imperative, but an economic necessity for the professional services sector and the wider UK economy鈥�.

    In 2024 our colleagues selected FareShare as our national charity supporting the one in six people across the UK experiencing food poverty. And in June 2024, we hosted our second 乐鱼(Leyu)体育官网 UK social mobility conference in London with over 150 attendees from organisations that share our vision from across the private, public and third sectors.

    Our leaders represent our firm on groups such as Progress Together, Living Wage Advisory Council and Patchwork Foundation. We also apply a place-based approach to our community initiatives to make sure we're targeting the areas of greatest need, working alongside local stakeholders, governments and charities to help tackle regional inequalities. This includes supporting initiatives such as the Manchester Access Programme and King鈥檚 College Careers+.
    Inclusive environment Our social mobility focussed employee network empowers colleagues from less-privileged backgrounds to achieve their development goals, collectively share their experiences and support one another to make a difference and build a stronger culture at 乐鱼(Leyu)体育官网.

    We're also training all of our colleagues on socio-economic background and the invisible barriers that exist, to help raise awareness of unconscious bias and things all colleagues need to be mindful of.

    By improving our data insight through new tools and technology and working with a diverse range of suppliers, we鈥檙e able to take a more holistic approach to IDE and better consider the impact and access for those from lower socio-economic backgrounds through the intersections of gender, ethnicity and disability. And through pioneering programmes such as New Futures and the opening of the 鈥淩edemption Roasters鈥� caf茅 in our London office 鈥� which provide opportunities to prison leavers 鈥� we are supporting some of the hardest to reach and least socially mobile communities.
    Equitable experiences In 2021, we reported our socio-economic background pay gaps for the first time and were one of the first organisations to do so. We've worked with experts in the field of social equality, the Bridge Group, to advise us on the most robust and reliable indicator of social mobility (parental occupation groups), the definition of socio-economic background and the terminology used.

    In 2022 we went a step further and published extensive analysis of the , which marked another important step in our social mobility journey. Socio-economic background was found to have the strongest effect on progression, compared to any other characteristic. As part of the research, we shared detail on the action we鈥檙e taking to tackle this, as well as a toolkit designed to help other businesses do the same.

    In response to the findings, we launched a targeted promotion readiness programme 鈥楻each鈥�, to help support lower and intermediate socio-economic background colleagues to develop and progress at a comparable rate.

    Across our recruitment processes, we鈥檝e made a number of changes, for example, we use contextual recruitment methods for our graduate and apprentice hiring. This approach places greater focus on an individual鈥檚 overall potential and considers academic results in the context in which they were achieved, looking at both socio-economic background as well as any extenuating circumstances. As part of this, we鈥檝e broadened entry requirements for specific programmes, such as our Technology graduate programmes and are working with a broader range of universities, schools and colleges to widen access.

    Our Discovery work experience programme, in support of Access Accountancy, is dedicated to supporting young people from lower socio-economic backgrounds, with many going on to apply for, and join, our apprenticeship programmes. While our One+1 programme, in collaboration with the Social Mobility Foundation and UpTree, matches placements provided for 乐鱼(Leyu)体育官网 employees contacts with students without such connections. In 2024 the Discovery programme provided places to over 170 candidates and the One+1 programme provided placements to 164 individuals.
    Responding to our progression research findings

    We鈥檙e committed to making 乐鱼(Leyu)体育官网 a business that鈥檚 open to all, whoever you are and whatever your background. To make that a reality we need to better understand the barriers being faced by historically underrepresented groups. In December 2022, we published of people within our firm, examining 16,500 colleagues over a 5-year period 鈥� the most in-depth study of its kind undertaken by a single organisation.

    Our research found that social class is the biggest barrier to career progression, compared to any other diversity characteristic. And when that鈥檚 combined with some other minority characteristics, career advancement is impacted even further.

    Jon Holt, Chief Executive and Senior Partner, 乐鱼(Leyu)体育官网 in the UK, says 鈥淏y its very nature, socio-economic background is complex and emotive 鈥� it requires us to confront how our upbringing shapes the opportunities we have access to later in life. But as challenging as that might be, we must lean into the discomfort if we are to ensure no one is overlooked or left behind. Career advancement should be about realising potential: it is not about background or polish.鈥�

    Recognising the need for more targeted action, we launched a promotion readiness programme 鈥楻each鈥�, aimed at supporting colleagues from low and intermediate socio-economic backgrounds, taking into consideration the impact of other minority characteristics where appropriate.

    Jade, a participant of the programme said 鈥淭he sessions that I attended as part of the programme provided practical guidance and useful tips for the interview process and gave an opportunity for a helpful and open discussion on confidence and mindset for the new role.鈥�

    Zeena, a fellow programme participant added 鈥淚t was a chance to not only think about my achievements, but to also see the promotion in the wider context of 乐鱼(Leyu)体育官网 rather than just my area of the business. Reach helped me grow my network and converse with people in a similar position to me with the same excitements and fears.鈥�

    In its initial pilot, the programme targeted colleagues at manager level during our October promotions and of the 76 colleagues that took part, 79% were promoted.

    Following the success of the pilot, the programme was expanded in 2024 to target both Managers and Senior Managers during our promotion rounds.

    Your background shouldn鈥檛 be a barrier: Harris鈥� story

    Harris was born and bred in Birmingham, after his parents emigrated to the UK from Pakistan in 1968. His father was a factory worker while his mother looked after the home. His parents throughout his childhood put in the hours to save to give the best opportunities they could for their son.

    It paid off, with Harris getting his A levels at the local college and becoming the first person amongst his extended family to go to university 鈥� reading Computer Science and Business Management at Aston University. He graduated with a 1st class honours and from there, he got onto the graduate scheme at a financial data company. At the beginning of 2022, he joined 乐鱼(Leyu)体育官网.

    鈥淚 used to drive past the 乐鱼(Leyu)体育官网 building in Birmingham and the brand has always seemed prestigious,鈥� Harris reflects. 鈥淚t was a great day when I joined the firm.鈥�

    Since then, things have moved fast. Harris saw an email about the firm鈥檚 Next Generation Leader scheme, applied and was given a place. He鈥檚 already been promoted to manager and leads a small team providing digital agility design services to clients. He has a mentor too 鈥� one of 乐鱼(Leyu)体育官网鈥檚 senior partners, David Rowlands.

    鈥淚t鈥檚 been fantastic,鈥� Harris says. 鈥淚鈥檓 so lucky to have David as a mentor 鈥� he鈥檚 really helped shape my thinking. Mentors are so important for people from backgrounds like mine because you don鈥檛 have anyone in your family who鈥檚 been there before and can give you guidance.鈥�

    He adds: 鈥淎s a Pakistani and practising Muslim, I鈥檝e faced no barriers and I鈥檝e found 乐鱼(Leyu)体育官网 very inclusive. I was taken back by the quality of the prayer room in Canary Wharf. It really said a lot about how serious the firm is about 鈥榮howing up as yourself.鈥�

    Student Recruitment programmes

    乐鱼(Leyu)体育官网鈥檚 Student Recruitment team have been running the Employability Skills Programme since 2021. It is aimed at giving university, school and college students from lower socio-economic backgrounds the opportunity to increase their employability skills and build confidence. The programme was also designed to be a gateway to applying to 乐鱼(Leyu)体育官网 鈥� empowering participants to apply to our graduate, apprenticeship, or formal work experience programmes.

    The Employability Skills Programme runs in the autumn and spring for undergraduates and in the Easter holidays for school and college students. Since the programme started, 725 students have taken part. The sessions have covered topics such as resilience and commercial awareness, as well as providing support with applications and mock interviews, and giving participants the opportunity to hear from colleagues at 乐鱼(Leyu)体育官网. Each student was also given a dedicated contact within the Student Recruitment team to keep in touch with, and they received a certificate of completion. In 2023, 乐鱼(Leyu)体育官网 launched the Social Mobility Talent Insight Programme which continues to run year on year. This is a formal work experience programme aimed at university students and graduates that come from a low socio-economic background. The three-day paid programme allows students to learn more about 乐鱼(Leyu)体育官网 and if successful on the programme, they can go onto secure a place on our Vacation or Graduate programme in their chosen capabilities.