The CEOs of all McGregor-Smith 350 companies have been urged to increase the diversity of their workforces by the UK government. Business Minister Margot James has written to the companies encouraging them to disclose the makeup of their employees in relation to race and pay band. James also said that McGregor-Smith 350 firms should adopt the recommendations of businesswoman Ruby McGregor-Smith’s recent review into race in the workplace. The review claimed that improving the career progression of black and minority ethnic workers could boost the UK economy by £24bn ($30bn) per year.
The CEOs of all FTSE 350 companies have been urged to increase the diversity of their workforces by the UK government. Business Minister Margot James has written to the companies encouraging them to disclose the makeup of their employees in relation to race and pay band. James also said that FTSE 350 firms should adopt the recommendations of businesswoman Ruby McGregor-Smith’s recent review into race in the workplace. The review claimed that improving the career progression of black and minority ethnic workers could boost the UK economy by £24bn ($30bn) per year.