Diversity & Inclusion

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The world of work is changing. Technology, globalisation, generational shifts and people’s expectations all shape the workplace of today.

At PwC we foster an inclusive culture which embraces differences – one that allows us to live our values every day, be ourselves and to feel empowered to realise and discover our potential. Because we know that when people from different backgrounds and different points of view work together they create the greatest value - for our business, our clients and society.

We have put diversity and inclusion at centre of our strategy

Luke Sayers, CEO, PwC Australia and Vice Chairman, PwC Asia

Our strategy

Enhancing our diversity and inclusion is a critical part of PwC Australia’s vision, values and strategy. We believe that fostering inclusion, promoting broad perspectives and driving diverse career opportunities for our people will enable us to create a distinctive experience for our clients and create better outcomes for society.

One of PwC’s strategic goals is a diverse and inclusive culture. In July 2016, Julie McKay commenced as the firm’s Chief Diversity and Inclusion Officer in a dual role taking responsibility for PwC’s diversity and inclusion advisory business, as well as the firm’s own diversity and inclusion strategies and targets. We also have an external Diversity Advisory Board comprised of four leading diversity experts from the marketplace (Paul Zahra (Chair), Karen Mundine, Tim Soutphommasane, Graeme Innes) as well as our CEO, Managing Partner for People, Partnership and Culture and Chief Diversity and Inclusion Officer.

 

Our diversity targets

We have publically announced the following targets:

  • From 1 July 2015, a minimum of 40 per cent women and 40 per cent men will make up PwC’s future partner admissions. The remaining 20 per cent can be any gender identity.
  • By 2020, at least 30 per cent of our partner admissions will be from a diverse cultural background.
  • From 1 July 2018, a 50 percent gender target for experienced hire appointments at a Director level.

 

Our actions

We are constantly reviewing our policies and practices to find ways to enhance diversity and inclusion at PwC, such as:

  • adopting an ‘all roles flex’ approach.
  • an ‘inclusion moderator’ attending every performance moderation.
  • applying for accreditation with and/or awards offered by highly regarded specialist diversity organisations.
  • a strategy to improve the inclusiveness of and opportunities for people with a disability, including a partnership with the Australian Network On Disability.
  • conducting periodic pay and promotion equity reviews.
  • maintaining market-leading policies and competitive benefits.
  • signature ‘Inclusive Leadership’ and ‘Open Minds’ learning programs.
  • employee-led diversity networks (including cultural, disability, LGBTI and gender equality networks).
  • memberships with highly regarded diversity bodies and networks.
  • regular, mandatory equal opportunity training for all employees and partners.
  • adopting a reconciliation action plan.
  • periodic diversity and inclusion and people feedback surveys.
  • providing best-in-class parental and spousal leave.

 

Our results

We are proud of our record on diversity and inclusion, however we are also the first to acknowledge there is much more work to do. Our notable achievements include:

  • 87% of our people believe PwC is an inclusive work environment where individual differences are respected and valued (FY18 Global People Survey).
  • 85% of our people currently use one or more types of flexibility (FY18 Diversity & Inclusion Survey).
  • 24% of our Partners, 46% of senior management and 50% of our people are women.
  • 51% of our people come from a diverse cultural background.
  • twice named Australia's top LGBTI employer by Pride In Diversity.
  • one of the first private sector organisations to sign a letter of support for marriage equality in Australia.
  • our CEO is a WGEA pay equity ambassador and member of the Victorian Chapter of the Male Champions of Change.
  • Platinum Partner to the Australian branch of UN Women for International Women's Day.

 

Publications

Leading for Change: A blueprint for cultural diversity and inclusive leadership - July 2016

'Leading for Change' starts the conversation about improving the representation of cultural diversity within Australian leadership. It provides guidance for how organisations can nurture leadership that is fit for our multicultural society and our global economy.

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Contact us

Julie McKay
Chief Diversity & Inclusion Officer, PwC Australia
Tel: +61 7 3257 5436
Email

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