Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« General »
Open DEMAT Account in 24 hrs
 Won case against income tax department but still waiting for benefit? No more delay after an update in ITR portal
 Income Tax Department regrets issuing erroneous notices to taxpayers: Know the details
 Income Tax Return: Miss THIS ITR filing deadline and you will be fined Rs 10000
 Tax contribution of petroleum sector set to drop rapidly in FY 2024-25
 Missed reporting foreign assets in ITR? File revised return to avoid Rs 10 lakh penalty
 Tax regime shift: Is filing ITR under old regime still valid after default new regime?
 Income Tax Department Targets Bogus Refund Claims, Issues Notices To Taxpayers
 IT firms bullish on higher spending due to tax cuts
 How to calculate capital gains tax on sale of land?
 Don't fall for fake notices! How to verify your income tax communication
 I decided to shift to the new tax regime. Will I lose benefit on interest income of my PPF account?

PricewaterhouseCoopers targets women
January, 31st 2011

One of Britain's leading accountancy firms, PwC, is to set targets for the number of women it employs as partners in a radical attempt to break the glass ceiling in the corporate world.

PricewaterhouseCoopers will announce that it wants the present 14pc figure to rise significantly over the next decade.

It is believed that the first target could be 20pc.

Ian Powell, the chairman of PwC, also wants to set an "aspirational goal" of 40pc to 50pc of partners being women or from other under-represented groups, such as ethnic minorities.

PwC's move comes just ahead of the publication of Lord Davies' report on the lack of women in the boardrooms of FTSE companies. Lord Davies has been considering whether quotas should be imposed, similar to those used in countries such as Norway.

"We take on over a thousand graduates a year and the number of women is in the high forties in terms of percentage," Mr Powell said.

"That is reflected up to a relatively senior level but we have not been good enough at attracting women back into the workplace [after a career break for children].

"At the moment our partner proportion is about 13pc to 14pc and we want to rebalance that. It is good from a business perspective.

"At the moment we have all that talent that is being lost to the business. There is a fantastic workforce not being utilised."

He said PwC already had 20pc of its staff men and women undertaking flexible working and that the firm had launched a women's leadership programme five years ago where high-flying candidates are given focused support.

"This is not about positive discrimination," Mr Powell said. "Women don't want that, they want a level playing field."

He said that PwC had already identified 30 "senior, high-powered" women leaders who are mentored by members of the board.

"There is a lot of debate about quotas but we don't think that is the way forward," he said.

"This is not just a numbers game."

PwC is likely to set a series of targets over the next decade to increase the number of partners. Mr Powell said that they also wanted to ensure that other under-represented groups such as those on the basis of religion, race or disability are also part of the programme.

"We know that 50pc of business start-ups are now by women or ethnic minorities," he said. "This makes commercial sense."

Source: http://www.telegraph.co.uk/finance/newsbysector/supportservices/8290793/PricewaterhouseCoopers-targets-women.html

Home | About Us | Terms and Conditions | Contact Us
Copyright 2025 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting