With digital transformation continuing to drive business change across industries, the demand for tech talent is continuously increasing. Technology is moving at an unprecedented rate and organisations in the tech space are usually revered for their impact and growth. However, in terms of the diversity in their workforce, they are lagging way behind the wider market.
A report from Inclusive Boards highlighted that while the tech sector outperforms other sectors in its senior level BAME representation. With one in nine senior leaders compared to one in twelve in FTSE 100 from a socio-economic and gender representation, it is a long way off the wider market.
Gender is the furthest off the mark. Almost two-thirds of boards, and more than 40% of senior leadership teams, have no female representation at all, the sector average is just 12.6% of board members and 16.6% of senior executives. Compared to 30%+ in FTSE 100 companies. The well documented sexist culture in tech firms is not helping this, further compounded by online communities studies on Github, showing that women’s submissions were accepted more frequently if their gender is hidden.
The socio-economic background of the tech sector is also very different from wider UK society. More than 33% of board members and 31% of senior executives attended private schools, compared to just 8% of the UK as a whole.
So there is clearly a problem. However, there is also an opportunity for organisations in a talent-short market to engage with underrepresented groups.
Associate Director of Talent @ Babylon Health
Senior Account Executive - Enterprise & Scaling companies @ Hired
08.30am – Arrival / Breakfast
09.00am – Introductions and challenges
09.10am – Inclusion with Hired
09:30am – Inclusive Hiring with Shefali Davda-Bhanot
09.50am – Roundtable Discussion
10.15am – Uncover Bias and Increase Diversity in your Hiring Process with Libby Derbyshire
10.35am – Roundtable Discussion
11.15am – Summary, takeaways, and networking
11.30am – Close
I had a fantastic day yesterday, absolutely buzzing telling the team here all about it this morning! I’m sad that I can’t come to the next couple of events as I’m on holiday, but I will 100% book onto another one again!Julia HaleyKerry Foods
I really enjoyed yesterday's event. The speakers were eloquent and there was a lot of interesting takeaways which I look forward to sharing with my colleagues. Next time I will tag along with the rest of my teamClive NyawoPearson College London
Congratulations on yet another super well organised event. Great to see how the number of participants increases with each event and the topic is in trend.Georgiana ChiperIBM
Lively, vibrant and eclectic, Covent Garden is in the heart of the West End, surrounded by theatres, galleries, shops and landmarks. Once the Westminster County Court building and now elegantly converted into a bar and restaurant, Browns is close to all the main theatres and our pre- and post-theatre suppers are extremely popular. The once Courtroom has now become the house to our events.