There are more FTSE100 directors named Dave or Steve than there are women or those from ethnic minorities, which begs the question: Why are more people from the BAME community not sitting in the top spots?
The Equality Group has commissioned a nationally representative study that delves into UK ethnic minority citizens, their career aspirations, and the inequalities that still challenge the nation’s BAME community in the world of work. The research is launched amidst industry data that shows only 84 of the 1,048 directors in the FTSE100, originate from an ethnic minority. This timely research unveils a damning insight and ever-present reality impeding almost 8-million ethnic minority Brits attempting to succeed in the UK’s professional arena.
Key Research Implications:
- Over 3 million ethnic minority Brits (59%) aspired upon leaving school of securing a role at senior management, director and/or board level.
- Half of ethnic minority respondents noted that there are no prominent role models of their ethnic profile in positions they aspire/ have aspired to reach professionally.
- 58 per cent – over 3 million – ethnic minority citizens stated that they had friends and family role models who they considered aspirational in relation to their career progression.
- Over half – almost 3 million – ethnic minority citizens declared that they were advised to be more realistic in regards of their career goals by those who influenced their career, compared to only 19 per cent of non-minority ethnic citizens.
- 46 per cent of ethnic minority citizens were encouraged to commence their career in a role that did not reflect their career aspirations or academic credentials at that time.
- Three-quarters of minority respondents (75%) – almost 4 million people – noted that their professional success is down to personal merit, conviction and perseverance and not the guidance of academic or professional support.
- 50 per cent of ethnic minority respondents were the first generation within their family to attend university versus only 26 per cent of non-ethnic respondents.
- 46 per cent – two and a half million – ethnic minority citizens stated they would feel supported if there is ethnic minority representation at board/director level as they believe it would aid their career progression in a fairer manner.
Lack of ethnic minority representation within business and the repercussions of this:
Half of ethnic minority respondents noted that they had no professional role models of their ethnic profile within the UK’s professional landscape. This is extremely topical yet unsurprising given that the FTSE has just noted a drop in the number of ethnic minority Directors in the UKs largest 100 companies to only 84 out of 1,048. The underrepresentation of relevant role models and the subsequent lack of identification that ethnic minority citizens have with people in positions of authority, largely contributes to the underrepresentation of ethnic minority citizens on boards.
Hephzi Pemberton, founder of Equality Group, said: “This report makes it clear that ethnic minority students have strong support structures available to them throughout their educational careers. However, there seems to be a significant deficit upon entering the world of work.
“This research indicates that young ethnic minority students have significant levels of professional aspiration, supported by an educational infrastructure, that should, in theory, enable them to excel within their chosen professional careers.
“This is however far from the reality when assessing the UK’s BAME representation at senior management, board and director level. It is a shocking reality that in 2018, the workplace does not nurture and support BAME talent in a manner that reflects the undeniable aspirations prominent in this community.
“As a society of business leaders, decision-makers, professionals and commentators, we have an obligation to ensure that intention is met with action to ensure the UK’s workforce – in its entirety – has access to a democratised career ladder that promotes inclusion for all at every level.”