New research shows most organizations in the U.K. overestimate their progress with workplace inclusion...
Just two in five employees from lower socioeconomic backgrounds across U.K organisations feel included in the workplace, and only half feel safe to be open about their background, according to a new report from Accenture.
The findings contradict high levels of optimism from employers on their progress with inclusion in the workplace. Nearly nine in 10 business leaders believe their employees from lower socioeconomic backgrounds feel included at work – double the actual proportion.
The new report, titled, A fair chance to advance: The power of culture to break socioeconomic barriers in the workplace, surveyed 4,000 employees and 1,400 senior executives to explore how workplace culture affects the retention and progression of people from lower socioeconomic backgrounds.
In addition to the divide between business leaders and employees on how included people feel in the workplace, the report finds that employees from lower socioeconomic backgrounds are less likely to progress their careers at the same rate as their colleagues. One in five employees from low-income backgrounds are promoted once every three years, compared to one in 4 of their colleagues. This means an estimated 700,000 employees from lower socioeconomic backgrounds have missed out on promotion in the U.K.
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