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PwC is reportedly set to publish data about the pay gap between its employees from different social classes. As first reported by This Is Money, and later City AM, the major accounting firm is set to release details later this week of the pay differences between staff from a ‘lower socio-economic background’ at one end, and the ‘professional’ class at the other. According to City AM, PwC will base its criteria for social classes on the occupations held by the parents of its employees. For example, employees whose parents worked as labourers will be considered from a lower socio-economic background, but those whose parents worked in senior or managerial positions would fall into the professional class. Alongside the social class pay gap report, PwC will also be publishing details of its gender pay gap this week, reports also claim. How transparency can help HR According to This Is Money, Laura Hinton, PwC’s Chief People Officer, said the information will allow the company to ‘set targets’ on closing pay gaps. HR Grapevine contacted PwC for comment but didn’t hear back at the time of publication. Read more O2’s promise to build equality for women And PwC are not alone in striving
