Diversity & Inclusion Snippets: 24.08.2022

Our August roundup of Diversity Inclusion Belonging and Equity snippets along with interesting finds across some of our ten facets of diversity.

• According to the Centre for Economic and Business Research, many City of London professionals in the banking, insurance, legal, accountancy and professional services sector received double digit pay increases while people on the lowest incomes received an annual increase of 1%. This comes at a time when the lowest paid are the ones who will struggle most with weathering steep changes in the cost of living. #socioeconomic
  

• Increasing numbers of organisations are beginning to understand that recruiting GenZ staff now requires a solid commitment and tangible actions on ESG and equality as well as DIBE. They expect that their place of employment will be diverse, and not just in the token ways. #ageandgeneration
  

• Recently, PWC, one of the 'Big Four' professional services firms dropped the first class or 2:1 degree (GPA above 3.7) requirement for applying to one of their graduate roles, citing the desire to improve diversity and social mobility as the reason for this policy change. They follow EY who removed this requirement in 2015. This makes 70,000 more applicants eligible to apply for a role at PWC. #socioeconomic
  

• The median pay for FTSE 100 CEOs in 2021 was £3 million, 109 times more than the pay of an average full-time worker in the UK. However, female CEOs in FTSE 100 companies were paid an average of £3.01 million in 2021, 16% lower than the £3.49 million for male CEOs #gender
  

• Dove, owned by Unilever is debuting its #KeepTheGrey campaign in response to women with grey hair being aged out of the workplace. Some might consider the simple steps of greying out profile photos and logos as a very tiny measure, but it's definitely highlighting the problem and starting the conversation about agism #ageandgeneration
  

• Great news! Scotland has stepped up in a milestone move to become the first country to make period products free of cost to those who need them. Period products can cost up to £8 per month, which is steep for disadvantaged groups such as single mothers. #socioeconomic #gender
  

• This TED Talk by David Wengrow looks at how a different perspective on history and human social development can challenge our thinking on the origin and evolution of inequality.
  

• Remote working might be one of the best things to come out of the pandemic, but not for everyone. Is one of the effects of remote work an increase in loneliness? Also, is it eroding trust and affecting work-life balance? #mentalhealth