Why is social mobility in STEM important?
In an industry where just 9% of life science professionals, 15% of scientists, 6% of doctors, 19% of tech workers, and 21% of engineers come from a working-class background, we’re proud to play a part in redressing the balance. There are a number of reasons why addressing social mobility in STEM is important:
- Skill shortages in the STEM industry are reported to be costing the economy £1.5bn a year, with demand for over 173,000 people in the STEM sector. As the supply-demand imbalance grows, we need to find sustainable ways to feed the pipeline.
- Research indicates that STEM-related subjects such as computing, medical sciences and engineering have the highest mobility rates. By investing in STEM, we can improve equality.
- Social immobility in STEM is currently a self-fulfilling prophecy. Did you know that 35% of tech Board members attended Oxbridge, compared to less than 1% of the population? With those from non-professional backgrounds 2.5x less likely to follow a professional career path than those from a professional household, and a socio-economic science gap that widens with age, not intervening means the problem will never fix itself.
Diverse businesses perform better, think faster, and are more creative problem solvers. Who knows what brilliant ideas are hidden beneath the glass (and class) ceiling?