Finalist for the Gender Equality Award 2019.
Deloitte: Gender equality drive focuses on actions and attitudes of senior management
- Increase in the proportion of females identified for promotion to director in the last year
- 19% of partners are women, up from 14% in 2014
- By 2030, 40% of firm’s partners will be female
There is a clear acknowledgement from Deloitte acknowledges that success is reliant on having the right culture. Central to this is achieving gender equality.
The global audit, tax and consulting firm has set targets to ensure that, by 2020, 25% of partners, leadership teams and lead client service partners will be female. By 2030, 40% of the firm’s partners will be female too.
Deloitte’s Gender Balance plan ensures that itsthe CEO, Chairman and service line leaders have gender diversity measures as part of their objectives. AMeanwhile, all operating unit leaders have their people-related metrics measured by gender – something that is considered in year-end appraisals.
There has been much success. Attrition rates for female managers have decreased to below average – from 18% in 2014 to 16% in 2018. The retention of mothers has also risen, from 68% in 2012 to 80% in 2018. Meanwhile, 72% of female stafffemales say they felt trusted to organise where and when they worked – up from 65% in 2012, and three percentage points higher than their male colleagues.
Elsewhere, women now make up 19% of partners, up from 14% in 2014. There is a 33% female representative on the UK Executive Committee.
Deloitte’s Inclusive Leadership scheme runs mandatory workshops for all partners, giving them the tools to deal with behaviours that are counter to the company’s values. This has helped change the approach to promotions, for example, resulting in an 8% increase (to 36%) in the proportion of female candidates identified for promotion to director in the plast year.
Information in this impact story has been supplied by Deloitte