Britain's Asian community has applauded the honesty of PwC in the UK, that has published voluntary data suggesting Black, Asian and minority-ethnic staff (BAME) who work at PwC in the UK earn almost 13% less than other employees. Currently reporting on BAME pay isn't required under government regulations. PwC said it had published the 'pay gap' data to help it speed up progress on the issue.
The BBC reported that the firm has admitted that BAME workers were statistically paid less, because more of them worked in junior or administrative roles, and they ensure this data will help the firm to tackle “ethnicity challenges”. This admittance been regarded as a step towards the right direction, as the country is trying to ensure the Asian community is able to break the existing glass ceilings. The landscape is definitely changing at a pace so far unseen and technology has been at forefront to assist these changes.
A young community representative wrote on social media, “Well done PwC for publishing this report. Now that they know the figure, they can work to improve. Will others follow?”
PwC Chairman Kevin Ellis said, “The more transparent we are with our diversity and social mobility data, the more we hold ourselves accountable to achieving real change.”
The firm's figures since 2014, has been regarded as a move which had helped “shine spotlight on gender issues.”
It said, "We're hoping that BAME pay reporting can do the same for tackling ethnicity challenges," it said.
The gender pay gap for 2017 was 13.7%, down from 15.2% in 2016.
The company published this new BAME figures alongside its annual results for the year to the end of June.