Intelligent CXO comments on mthree's 2024 Diversity Report

Saffron Wildbore

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Intelligent CXO has commented on mthree's latest Diversity in Tech Report, read the full article below.

Talent and training partner, mthree, which supports major global tech, banking and business clients to build job-ready teams, has revealed the encouraging findings of its fourth annual Diversity in Tech research report. The 2024 ‘temperature check’ of the UK market reveals that diversity gaps in the sector are narrowing and young tech talent are noticing the improvements. However, the findings also underline that there is still work to be done to fully address the industry’s longstanding workforce challenges. 

This year’s research found that the percentage of organisations reporting gender diversity issues dropped from 40% the previous year to 26% this year, while ethnic diversity challenges decreased from 41% to 24% and socio-economic diversity issues reduced from 34% to 26%.

Positively, it seems that it is not only the employers that are taking note. Almost half (45%) of young tech workers report ‘very diverse’ teams (up 6%), and a majority (77%) believe their employer has effective diversity efforts in place. In fact, 43% of young workers report that they have noticed increased efforts from their employers to improve diversity beyond what has been delivered historically.

Khadijah Pandor at mthree said: “Each year, we look at how the UK’s tech workforce is evolving – and how employers and young talent feel about the current state of play. It was really encouraging to see such positive progress evident in this year’s results – from the lower proportion of organisations facing diversity challenges to the positive ways in which many young employees perceive their teams’ make up.” 

Saffron Wildbore is a Senior Marketing Executive at mthree. She has worked in marketing, specialising in creating content for over 5 years. Saffron focuses on writing tips for graduates, Alumni interviews and more!

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