The report shares insights and reflections on the research project we embarked on with Thinks Insight & Strategy (Thinks), aimed at understanding and improving the experience for those joining the firm from lower socioeconomic backgrounds.
The actions we are taking to support social mobility are underpinned by new targets for socioeconomic diversity within the workforce. The targets are set by grade, recognising the importance of socio-economic diversity at all levels of our organisation and the need to ensure progression.
School leavers and graduates will be able to advance up to a £1000 of their first month’s salary. The option will be open to everyone, helping to reduce any potential stigma associated with the request.
Socio-economic background data will be incorporated into the way we monitor the distribution of work to help ensure projects are allocated fairly.
Salaries will be published on job descriptions for our school leaver apprentice programmes.
Increased mentoring will be made available for new joiners from lower socio-economic backgrounds.
“We’re proud of the strides we’ve made broadening access to the firm, focusing on potential not pedigree. We wanted to better understand the experiences of prospective and new joiners, particularly those from lower socio economic backgrounds. By learning what's working well and what isn’t, we’ve been able to identify changes that we hope will make a significant difference to their experience.”
Ian Elliott
Chief People Officer at PwC UK
“Being a part of this project gave me a sense of relief, by providing a platform to address issues that may have gone unnoticed by individuals from more privileged backgrounds. I found that the environment allowed open discussions about personal experiences and the impacts they have on our day to day working life, without the fear of judgement.”
Emilija Bitinaite
Associate in PwC’s tax practice who contributed to the research