Emplyees taking out high profile legal actions for discrimination seem to have had an affect on how firms are changing their attitude to diversity issues. Not so long ago high profile court cases were cited as a reason for Top Talent to leave (or not join) firms with a poor record. Indeed a positive policy towards diversity, ethics and environmental issues is fast becoming a necessary aspect of attracting and retaining talent.

The list of City firms have begun to accept that a positive policy towards diversity makes companies attractive to new hires and to top talent continues to grow. It’s interesting to note that Merill Lynch, Deloitte & Touche, PricewaterhouseCoopers, and Lehman Brothers are all championing diversity.

Diversity isn’t just being packaged as a female issue it includes Gay, Lesbian and transgender areas as well as other minority groups. Deloitte and Touche have their own version that includes not just physical impairment but mental health issues too. Lehaman Brothers have a European Director of Diversity that has stated that they have mid and year end diversity review meetings where they set aside a diversity bonus pool to those employees that have shown leadership in driving forward diversity and inclusion.

It seems that City of London firms have come to the conclusion that Top Talent is too scarce to excluding the top talent to be found in the more diverse areas of our society. It might also reduce the number of high profile court cases.

This entry was posted on Tuesday, December 4th, 2007 at 11:45 am and is filed under Uncategorized.