Social mobility is the movement of individuals, families, households, or other categories of people within or between social strata in a society. It is a change in social status relative to one’s current social location within a given society. Employers, including private and public sector organisations, as well as schools and universities, are critical to social mobility.
Employers are becoming increasingly aware of the benefits of social mobility, and are beginning to see it as an enabler for tapping into a wider range of talent, reaping the benefits of diversity in the workplace and improving employee retention. However, there is more that needs to be done to unlock the positive impact that employers and employees can have on social mobility.
The UK is the fifth richest country in the world, yet it could take a child from a low-income family five generations to reach the national average income of approximately £27,000.
Social Mobility is also important to our wellbeing. Learn more with a TED Talk called Social Mobility and Inequality: A Dance With The Devil? Watch the video here