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"The company aims to triple the number of Black, Asian and other minority staff in senior positions by 2023, the Sunday Times reported. If executives don’t meet the target, they will face lowered bonuses.
"Recruiters will now have to establish panels of four or five employees, including a woman and a person with a minority background, when hiring middle management staff.
"The firm will still hire white men, McNicholas said, but recruiters are required to show that women and minority applicants were interviewed by the panels."
Equity is code for quotas
"The company aims to triple the number of Black, Asian and other minority staff in senior positions by 2023, the Sunday Times reported. If executives don’t meet the target, they will face lowered bonuses.
"Recruiters will now have to establish panels of four or five employees, including a woman and a person with a minority background, when hiring middle management staff.
"The firm will still hire white men, McNicholas said, but recruiters are required to show that women and minority applicants were interviewed by the panels."
Equity is code for quotas
