KPMG UK recognised as a Top 75 employer in the 2021 Social Mobility Employer Index
KPMG UK has been recognised among the top performers for social mobility, ranking second in the Social Mobility Employer Index 2021.
KPMG UK has been recognised among the top performers for social mobility
KPMG UK has been recognised among the top performers for social mobility, ranking second in the Social Mobility Employer Index 2021. This year’s position sees the firm climb from third to second place – the fifth consecutive year KPMG has ranked among the top-3 employers.
The Index, first created by the Social Mobility Foundation in 2017, ranks UK employers on the actions they take to ensure they are open to and progressing talent from all backgrounds. Employers were assessed and benchmarked across seven areas: their work with young people, routes into the employer, the attraction of staff, recruitment and selection, data collection, progression of staff and experienced hires and advocacy.
In September this year, KPMG UK became one of the first organisations to publish its socio-economic background pay gaps and also set out its social mobility action plan, which includes ambitious targets to increase the proportion of Partners and Directors from lower socio-economic backgrounds to 29% by 2030.
Commenting on the news, Kevin Hogarth, UK Chief People Officer at KPMG, said:
“KPMG UK has long championed greater social mobility. It’s not only the right thing to do – helping build a fairer and more equitable society - but it also leads to improved business performance. Greater diversity on all fronts brings with it fresh thinking, different perspectives and ultimately better outcomes for our business and our clients.
“From being the first business to publish comprehensive socio-economic background workforce data back in 2016, to recently reporting our socio-economic background pay gaps and setting ourselves ambitious targets, we’ve come a long way, but we must continue to challenge ourselves. It’s vital we remove the barriers facing those from lower socio-economic backgrounds and other historically under-represented groups. We don’t want socio-economic background, gender identity, ethnicity, disability or sexual orientation to be a barrier to anyone’s career at our firm.”
Notes to editors:
- KPMG UK published firmwide socio-economic background pay gaps on 9 September 2021 (press release).
- This year, KPMG UK has hired nearly 1,200 graduates and apprentices. The application process for KPMG UK’s latest apprenticeship programmes opened on 18 November 2021. You can find out more about our programmes – ranging from Audit, Consulting and Law, to Technology & Engineering and Business Services – by visiting: www.kpmgcareers.co.uk
For additional details, please contact:
Simon Wilson, KPMG Corporate Communications:
T: 0207 311 6651 / 07785 373397
KPMG Media Relations: +44 (0)207 694 8773
About the Social Mobility Employer Index:
The Social Mobility Employer Index was launched in 2017 and has grown to become the leading authority on employer-led social mobility. It assesses and ranks UK employers on the actions they take to ensure they are open to talent from all social backgrounds.
The Social Mobility Employer Index is comprised of two elements: questions directed at employers, and an employee survey which was introduced in 2018. Employers are evaluated across seven areas: their work with young people, routes into the employer, the attraction of staff, recruitment and selection, data collection, progression of staff and experienced hires and advocacy. The employee survey adds qualitative insights and contextualises the data provided in the employer submissions. Employers are then benchmarked against one another based on the results. The data and insights from this process are published in an annual Key Findings Report which features a ranking of the 75 top-performing employers on social mobility that year.
About the Social Mobility Foundation:
The Social Mobility Foundation (SMF) is a charity that aims to make practical improvements in social mobility for young people from low-income backgrounds through its Aspiring Professional Programme, its Social Mobility Employer Index, and its advocacy and campaigning arm, the Department for Opportunities (DO).
Currently taking on a new cohort of over 2,000 young people every year, the SMF has offices in Birmingham, Cardiff, Glasgow, Liverpool, London, Manchester and Newcastle and runs programmes for young people from the Isle of Wight to the Western Isles of Scotland across 11 career sectors (Accountancy, Architecture, Banking & Finance, Biology & Chemistry, Business, Engineering & Physics, Law, Media & Communications, Medicine, Politics, and Digital).
KPMG LLP, a UK limited liability partnership, operates from 21 offices across the UK with approximately 16,000 partners and staff. The UK firm recorded a revenue of £2.3 billion in the year ended 30 September 2020.
KPMG is a global organization of independent professional services firms providing Audit, Legal, Tax and Advisory services. It operates in 147 countries and territories and has more than 219,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.