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23 Feb 2011
MORE WOMEN WILL be progressed up to the top roles as part of an initiative by PwC.
The Big 4 firm will implement a "comply or explain" approach, which will ask division leaders to proactively consider women for promotion or explain what the blockers to progress there are. It said that the emphasis will initially fall on achieving proportionate promotion rates at manager and senior manager levels.
Further reading
Ian Powell, chairman and senior partner, said: "Introducing a 'comply or explain' approach is totally different to quotas. Tokenism doesn't result in a meritocracy
"While it's still a work in progress, we know that this approach will result in a clear plan of action for embedding diversity into the business and how we manage and develop our people."
Sarah Churchman, director of diversity and engagement, said diversity was "not a numbers game" but an approach that "considers all the people and their potential in our organization".
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Visitor comments Add your comment
Terrible idea
What an awful idea. I'm all for diversity - in today’s environment, it is crucial and necessary - but to promote women based on quotas is ridiculous. What about ethnic minorities? If anything, more ethnic minorities need to be actively promoted.
As a former PWC employee, I can attest to the fact that there are plenty of women in managerial and senior manager positions – probably overly so. The fact that there is a smaller percentage at Partner level merely reflects the facts of life. PWC is active in having flexible hours for working mothers so that so called glass ceiling is not as bad as made out.
BUT the issue is this: where does one draw the line? Slippery slope and a terrible one at that!
Posted by: Tom Anderson, 23 Feb 2011 | 13:39
Women
Women aren't passed over for promotions because they are women. Most hiring classes shake out to be about 50/50, men to women, and by the time you get to manager/senior manager, most of the women are gone. They have kids and quit or go part time. And if a part-time woman gets the bump before I do, that'll be a major issue.
Posted by: CPA, 23 Feb 2011 | 16:02