Supporting black and minority ethnic ( BME ) workers in their careers could benefit the UK economy by £24bn ($ 30bn ) five-year , according to a government-backed review. Her review seeks to make an economic case for more diverse workforces, estimating that GDP would be 1.3% higher – equivalent to about £24bn a year – if BME individuals were immediately fully represented across the workforce in the same proportions as white individuals. The report was written by Conservative peer Overt , the first Conservative woman to run a FTSE 250 company. The review calls for publication of companies’ workforce data by race and pay scale; publication of five-year diversity targets with a BME member to report on them; provision of government-backed free, online unconscious bias courses; proportional representation on long and short lists; plain English job specifications and publication of the top 100 BME employers.
Supporting black and minority ethnic ( BME ) workers in their careers could benefit the UK economy by £24bn ($ 30bn ) five-year , according to a government-backed review. The report was written by Conservative peer Overt , the first Conservative woman to run a FTSE 250 company. The review calls for publication of companies’ workforce data by race and pay scale; publication of five-year diversity targets with a BME member to report on them; provision of government-backed free, online unconscious bias courses; proportional representation on long and short lists; plain English job specifications and publication of the top 100 BME employers.