![]() ![]() Having made the distinction between socio-economic status and social class, let’s come back to the question on how we can improve social mobility in organisations. how symbolism confer status and influences perceptions Symbolic – external representation, job title, name, mannerisms, appearance i.e. Social – the family you come from, what social group you are part of, your networks and connectionsĬultural – includes your world references, knowledge base, cultural interests and activities Together these elements confer social positioning, which creates different levels of access, advantage and lived experience:Įconomic – is the money you earn, household income, your assets, what you acquire or inherit Social class is a much broader concept, as it is made up of different types of ‘capital’ listed below. Socio-economic status and social class are not interchangeable and it’s important to recognise this when talking about social mobility. It can refer to moving up and down the hierarchy of social status, though predominantly when referred to, we are speaking about upward mobility and the progression of socio-economic status. Simply put, social mobility is the shifting or movement of social status from one status to another, over time. Socio-economic status refers to a combination of education, income and occupation. Half from disadvantaged backgrounds find recruitment unfair ![]() KPMG sets working class diversity targets Social mobility rises up the business agenda The first step is to build awareness on what we mean by socio-economic status and how we achieve social mobility. Wanting to improve the diversity of hires with a socio-economic lens requires clarity on the approach as well as desired outcomes. ![]()
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