ESG Telegraph
  • Home
  • Latest News
  • Environment
  • Companies
  • Investors
  • Governance
  • Markets
  • Social
  • Regulators
  • Sustainable Finance
Featured Posts
    • Latest News
    Britons expected to extend ‘pandemic trend’ of drinking more at home
    • August 18, 2022
    • Companies
    Adyen shares slide as fintech group misses estimates
    • August 18, 2022
    • Markets
    It’s time for Europe to ask Norway to cut the price of gas
    • August 18, 2022
    • Latest News
    Stocks slip after Fed minutes point to prolonged inflation fight
    • August 18, 2022
    • Latest News
    Fearless Woman: Take people as they are
    • August 18, 2022
Featured Categories
Belarussia
View Posts
Companies
View Posts
Energy
View Posts
Environment
View Posts
Food
View Posts
Governance
View Posts
Health
View Posts
Investors
View Posts
Latest News
View Posts
Markets
View Posts
Potash
View Posts
Regulators
View Posts
Russsia
View Posts
Social
View Posts
Supply Chain
View Posts
Sustainable Finance
View Posts
Technology
View Posts
Uncategorized
View Posts
ESG Telegraph ESG Telegraph
7K
9K
4K
1K
ESG Telegraph ESG Telegraph
  • Home
  • Latest News
  • Environment
  • Companies
  • Investors
  • Governance
  • Markets
  • Social
  • Regulators
  • Sustainable Finance
  • Latest News

UK social background remains a barrier to reaching top jobs

  • February 7, 2022
  • Staff
Total
0
Shares
0
0
0

Britain’s boardrooms need to be “levelled up” to remove bias against workers from lower socio-economic backgrounds, according to the head of the Chartered Management Institute.

About a third of 1,000 managers across the UK surveyed by the industry body said that socio-economic background was still a barrier to progression to an executive position.

A similar number said that class was also a barrier to achieving a role at middle management level within their organisations. Those from a higher socio-economic background take up more than half of management roles, according to the research, with this bias more pronounced among companies based in London and the south-east of England.

Ann Francke said that socio-economic background was rarely considered by managers when considering diversity in senior jobs, unlike gender or ethnicity.

“Socio economic background is definitely a factor in your ability to advance and it also definitely makes it more difficult to get hired in the first place,” said Francke. “It’s really quite staggering that so few employers even have this on their radar.”

The CMI has called on ministers to bring in mandatory reporting of employees’ socio-economic background, similar to the data that companies now have to report on gender diversity.

Francke said: “There is so much talk about levelling up when it comes to place. But really, what we need is levelling up when it comes to people.”

Only 14 per cent of organisations are looking at school leavers as part of their recruitment efforts, according to the CMI, with graduate schemes dominating recruitment programmes.

The CMI’s research showed that existing government schemes that helped companies bring on school leavers are not widely known about or exploited.

Just 3 per cent of respondents said their group used the Restart programme, which provides additional support for people who have been out of work for at least nine months, and only 14 per cent used Kickstart, a six-month paid job funded by the government. Less than a fifth used other government traineeship schemes.

The CMI is pushing for the adoption of fairer and more transparent recruitment processes and for companies to bring in action plans to achieve these.

“In the UK today your background should be irrelevant when it comes to your choice of career and how your career progresses. Unfortunately, our research shows that’s not the case,” said Francke.

“There appears to be a widespread acceptance that where you come from will determine the direction of your career path, and an unfortunate reality that employers aren’t doing enough to disprove this.”

CMI surveyed more than 1,000 UK-based managers in December as part of its 75th anniversary project.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
You May Also Like
Read More
  • Latest News

Britons expected to extend ‘pandemic trend’ of drinking more at home

  • Staff
  • August 18, 2022
Read More
  • Latest News

Stocks slip after Fed minutes point to prolonged inflation fight

  • Staff
  • August 18, 2022
Read More
  • Latest News

Fearless Woman: Take people as they are

  • Staff
  • August 18, 2022
Read More
  • Latest News

How South Korea learned to love private equity

  • Staff
  • August 18, 2022
Read More
  • Latest News

China’s largest property group warns of 70% plunge in profit

  • Staff
  • August 18, 2022
Read More
  • Latest News

Liz Cheney lost her House seat. But her battle against Donald Trump continues

  • Staff
  • August 18, 2022
Read More
  • Latest News

The village wedding caught in the Taliban’s battle for Kabul

  • Staff
  • August 18, 2022
Read More
  • Latest News

The truth that set Liz Cheney free

  • Staff
  • August 18, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Featured Posts
  • 1
    Britons expected to extend ‘pandemic trend’ of drinking more at home
    • August 18, 2022
  • 2
    Adyen shares slide as fintech group misses estimates
    • August 18, 2022
  • 3
    It’s time for Europe to ask Norway to cut the price of gas
    • August 18, 2022
  • 4
    Stocks slip after Fed minutes point to prolonged inflation fight
    • August 18, 2022
  • 5
    Fearless Woman: Take people as they are
    • August 18, 2022
Recent Posts
  • Goldman Sachs: D-Sol’s remix sounds a lot like the original
    • August 18, 2022
  • City of London regulators to face shake-up under Liz Truss
    • August 18, 2022
  • How South Korea learned to love private equity
    • August 18, 2022

Sign Up for Our Newsletters

Subscribe now to our newsletter

ESG Telegraph
  • Home
  • Privacy Policy
  • Guest Post
  • Contact

Input your search keywords and press Enter.