Inclusion, Diversity and Equity
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 past year alone has seen the roll-out of our Employability Award, the launch of our now thriving national social mobility network and the publication of our socio-economic background pay gaps for the first time, including industry leading targets as part of our new social mobility action plan.KPMG UK Social Mobility Employee Network (UpBringing) chairs
These figures are based on those that have declared this information to us (75.2% of employees). We are not able to compare this figure to previous data, as we have updated our methodology to bring it in line with advice from social mobility experts, the Bridge Group.
*Senior colleagues are defined as Exco, Board, Partners and Directors.
In 2021, we reported our socio-economic background pay gaps for the first time and are 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.
You can find our Socio-Economic Background Pay Gap Report here.
Research shows that where you come from and what your parents do has an impact on work experience opportunities and career aspirations. And the COVID-19 pandemic impacted this further, with students from lower socio-economic backgrounds more likely to face challenges such as lack of technology at home or limited access to quality career advice.
In 2021, we launched our Employability Award, aimed at giving university students the opportunity to increase their employability skills and build confidence. The programme was also designed to be a gateway to applying to KPMG – empowering participants to apply to our graduate or formal work experience programmes.
Over 500 students applied, with 96 students chosen to attend the sessions, which covered topics such as resilience and commercial awareness, as well as providing support with applications and mock interviews. Each student was also given a dedicated contact within the Student Recruitment Team to keep in touch with.
Since the programme ended, 58% of participants have made an application to KPMG’s graduate or work experience programmes. And given that 92% of participants were first or second year students, we hope to see even further applications in the coming years.