News
BT is expected to cut the diversity targets from its managerial bonus scheme, according to a recent article from The Telegraph
The company has told its major investors that it will replace the DEI section of its managerial bonus scorecard with a “measure of employee engagement,” which will come into effect in April.
Currently, ten percent of the BT annual bonus for its 37,400 managers is made up of DEI targets, comprised of representation of women, disabled people and ethnic minorities, as well as employee engagement of underrepresented groups.
“We remain committed to our inclusion and representation targets and are making good progress towards them. Inclusion will remain part of our senior management bonus calculations and we have received strong support from our shareholders on the proposals to amend our group scorecard,” said a BT spokesperson.
Just last week, Kirkby told employees in a company memo “It’s been hard lately to see companies and governments stepping back from their commitment to inclusion, equity and diversity. For many of you watching this unfold, I imagine it feels worrying and upsetting.
“It sends the message that these things are optional, temporary or not worth prioritising. I want to be absolutely clear: that’s not what we believe at BT.”
The news comes as President Trump signed an Executive Order the day after his inauguration, terminating DEI initiatives in federal contracting. Similar initiatives have been rolled other large corporations, including Meta and Amazon in the tech sector and Walmart, McDonald’s, Ford Motors, and Target in other sectors.
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