RSM US LLP FY23
Impact Report

CDI by the numbers

Our unique culture

Every individual at RSM is an important member of our firm, and just as we strive to instill confidence in the clients we serve, we do the same with our people as they grow their careers at our firm. At RSM, we focus on making people count rather than on counting people. At the same time, we realize the importance of understanding the numbers so we can set goals and prioritize our efforts to create an inclusive workplace culture where everyone is confident about their future.

Our CDI numbers

At RSM, our culture is unrivaled. Our exceptional people are the key to that culture, the root of our exceptional client experience, and the champions of our diversity, equity and inclusion efforts. As RSM continues to grow, we expand our leadership and the number of people on our team—creating more opportunities for all. We are proud of the advancements we have made in the diversity of our leadership and our teams at many levels within the organization and remain committed to continuing those efforts into the future.

Calendar years 2019-22 RSM team members

Total RSM team members

14,000
13,000
12,000
11,000
10,000
9,000
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
11,299
2019
11,716
2020
13,270
2021
14,046
2022

Women

RSM continues to focus on stewardship and teamwork for the advancement and retention of women (STAR). We are pleased with the progress we have made in steadily increasing the number of women in partner and principal roles. At the same time, we remain focused on enhancing the pipeline of women at all levels to ensure we can continue to advance women into leadership roles.

Women at RSM

7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
5,039
2019
5,225
2020
5,877
2021
6,472
2022

Calendar years 2019-22 representation of women as a percentage by level

0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Partner/principal
2019
2020
2021
2022
18.70%
18.98%
20.08%
21.81%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Senior director
2019
2020
2021
2022
43.37%
44.28%
44.15%
46.65%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Director and senior manager
2019
2020
2021
2022
34.88%
35.50%
35.20%
36.73%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Manager
2019
2020
2021
2022
49.43%
49.82%
48.60%
49.41%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Supervisor
2019
2020
2021
2022
41.53%
40.59%
41.91%
43.64%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Senior associate
2019
2020
2021
2022
39.85%
42.01%
43.95%
41.70%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Associate
2019
2020
2021
2022
41.09%
40.48%
39.37%
40.05%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
ICS professional (20, 25 and 30)
2019
2020
2021
2022
67.37%
63.84%
59.62%
61.92%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Support (ICS 05, 10 and CSR)
2019
2020
2021
2022
81.42%
81.58%
79.67%
78.33%

Racial and ethnic diversity

As RSM grows, we continue to enhance our racial and ethnic diversity at a rate greater than our overall headcount growth. We have also made progress in advancing diverse professionals into partner and principal roles, and we continue to see some encouraging trends in the diversity of our talent pipeline at many other levels as well.

Percentage of racially and ethnically diverse professionals

100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
21.13%
2019
21.71%
2020
23.63%
2021
25.11%
2022

Calendar years 2019-22 race and ethnicity representation as a percentage

0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Asian
2019
2020
2021
2022
9.51%
9.92%
10.59%
11.17%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Black
2019
2020
2021
2022
3.43%
3.28%
3.87%
4.23%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Hispanic/Latinx
2019
2020
2021
2022
6.17%
6.31%
6.95%
7.41%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Native American
2019
2020
2021
2022
0.20%
0.25%
0.22%
0.22%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Native Hawaiian or Pacific Islander
2019
2020
2021
2022
0.12%
0.10%
0.11%
0.10%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Two or more races
2019
2020
2021
2022
1.69%
1.86%
1.90%
1.97%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
White
2019
2020
2021
2022
78.87%
78.29%
76.37%
74.89%

Calendar years 2019-22 representation as a percentage by level

0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Asian
2019
2020
2021
2022
2.67%
2.99%
4.22%
4.97%
Black
2019
2020
2021
2022
0.64%
0.75%
0.70%
1.17%
Hispanic/Latinx
2019
2020
2021
2022
1.82%
1.92%
2.01%
2.34%
Native American
2019
2020
2021
2022
0.11%
0.11%
0.20%
0.29%
Native Hawaiian or Pacific Islander
2019
2020
2021
2022
0.11%
0.00%
0.00%
0.10%
Two or more races
2019
2020
2021
2022
0.75%
0.96%
0.80%
0.88%
White
2019
2020
2021
2022
93.91%
93.28%
92.07%
90.26%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Asian
2019
2020
2021
2022
5.87%
6.97%
6.40%
5.31%
Black
2019
2020
2021
2022
0.77%
2.24%
2.21%
3.23%
Hispanic/Latinx
2019
2020
2021
2022
2.81%
2.99%
3.31%
4.39%
Native American
2019
2020
2021
2022
0.00%
0.00%
0.00%
0.00%
Native Hawaiian or Pacific Islander
2019
2020
2021
2022
0.00%
0.00%
0.22%
0.00%
Two or more races
2019
2020
2021
2022
0.51%
0.50%
0.88%
1.39%
White
2019
2020
2021
2022
90.05%
87.31%
86.98%
85.68%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Asian
2019
2020
2021
2022
6.85%
6.65%
7.66%
9.44%
Black
2019
2020
2021
2022
1.87%
1.78%
2.19%
2.52%
Hispanic/Latinx
2019
2020
2021
2022
3.65%
3.71%
3.93%
3.78%
Native American
2019
2020
2021
2022
0.36%
0.39%
0.26%
0.29%
Native Hawaiian or Pacific Islander
2019
2020
2021
2022
0.18%
0.15%
0.13%
0.00%
Two or more races
2019
2020
2021
2022
0.80%
0.62%
1.09%
1.26%
White
2019
2020
2021
2022
86.30%
86.70%
84.75%
82.72%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Asian
2019
2020
2021
2022
9.44%
10.19%
10.34%
10.10%
Black
2019
2020
2021
2022
2.71%
3.19%
3.87%
3.79%
Hispanic/Latinx
2019
2020
2021
2022
4.03%
4.38%
4.99%
5.68%
Native American
2019
2020
2021
2022
0.20%
0.13%
0.12%
0.11%
Native Hawaiian or Pacific Islander
2019
2020
2021
2022
0.25%
0.18%
0.12%
0.11%
Two or more races
2019
2020
2021
2022
1.38%
1.82%
1.60%
1.63%
White
2019
2020
2021
2022
82.00%
80.12%
78.95%
78.58%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Asian
2019
2020
2021
2022
13.97%
12.64%
13.24%
12.94%
Black
2019
2020
2021
2022
3.91%
3.60%
3.96%
4.53%
Hispanic/Latinx
2019
2020
2021
2022
6.42%
7.01%
7.84%
8.41%
Native American
2019
2020
2021
2022
0.09%
0.18%
0.42%
0.43%
Native Hawaiian or Pacific Islander
2019
2020
2021
2022
0.00%
0.09%
0.08%
0.14%
Two or more races
2019
2020
2021
2022
1.49%
1.85%
2.45%
2.01%
White
2019
2020
2021
2022
74.12%
74.63%
72.01%
71.53%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Asian
2019
2020
2021
2022
12.79%
13.74%
13.94%
13.74%
Black
2019
2020
2021
2022
4.16%
3.35%
4.50%
4.91%
Hispanic/Latinx
2019
2020
2021
2022
8.10%
8.24%
9.72%
9.77%
Native American
2019
2020
2021
2022
0.11%
0.10%
0.28%
0.36%
Native Hawaiian or Pacific Islander
2019
2020
2021
2022
0.16%
0.10%
0.09%
0.09%
Two or more races
2019
2020
2021
2022
2.24%
2.25%
2.37%
2.50%
White
2019
2020
2021
2022
72.46%
72.23%
69.08%
68.64%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Asian
2019
2020
2021
2022
12.07%
12.93%
14.02%
15.91%
Black
2019
2020
2021
2022
3.41%
3.06%
3.87%
4.46%
Hispanic/Latinx
2019
2020
2021
2022
8.62%
8.93%
9.34%
9.92%
Native American
2019
2020
2021
2022
0.25%
0.47%
0.14%
0.10%
Native Hawaiian or Pacific Islander
2019
2020
2021
2022
0.08%
0.04%
0.14%
0.10%
Two or more races
2019
2020
2021
2022
2.67%
2.85%
2.37%
2.28%
White
2019
2020
2021
2022
72.91%
71.73%
70.12%
67.23%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Asian
2019
2020
2021
2022
6.57%
6.70%
7.34%
8.16%
Black
2019
2020
2021
2022
5.16%
4.91%
5.07%
4.53%
Hispanic/Latinx
2019
2020
2021
2022
5.40%
5.80%
6.82%
7.77%
Native American
2019
2020
2021
2022
0.00%
0.00%
0.17%
0.00%
Native Hawaiian or Pacific Islander
2019
2020
2021
2022
0.00%
0.00%
0.00%
0.26%
Two or more races
2019
2020
2021
2022
0.94%
1.79%
2.27%
2.33%
White
2019
2020
2021
2022
81.92%
80.80%
78.32%
76.94%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Asian
2019
2020
2021
2022
4.60%
4.69%
5.93%
6.14%
Black
2019
2020
2021
2022
7.79%
7.77%
8.07%
8.84%
Hispanic/Latinx
2019
2020
2021
2022
9.19%
9.05%
9.34%
10.23%
Native American
2019
2020
2021
2022
0.50%
0.53%
0.39%
0.37%
Native Hawaiian or Pacific Islander
2019
2020
2021
2022
0.10%
0.21%
0.19%
0.09%
Two or more races
2019
2020
2021
2022
1.80%
1.92%
2.24%
2.98%
White
2019
2020
2021
2022
76.02%
75.83%
73.83%
71.35%

Interns

Our intern pipeline also reflects our commitment to increasing our diverse representation now and into the future.  We have made progress increasing the diversity of our intern pipeline and have maintained the representation of women in our intern population.

Calendar years 2019-22 intern representation as a percentage

0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Female
2019
2020
2021
2022
41.81%
40.83%
41.85%
41.29%
Male
2019
2020
2021
2022
58.19%
59.17%
58.15%
58.71%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Asian
2019
2020
2021
2022
12.58%
15.57%
16.49%
16.35%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Black
2019
2020
2021
2022
2.62%
3.42%
3.95%
4.35%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Hispanic / Latinx
2019
2020
2021
2022
8.78%
10.26%
9.70%
9.29%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Native American
2019
2020
2021
2022
0.08%
0.07%
0.13%
0.12%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Native Hawaiian or Pacific Islander
2019
2020
2021
2022
0.17%
0.07%
0.13%
0.24%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Two or more races
2019
2020
2021
2022
1.69%
2.77%
1.55%
2.35%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
White
2019
2020
2021
2022
74.07%
67.83%
68.05%
67.29%

Retention and advancement

We understand that our work around diversity and inclusion expands beyond recruitment. We want to ensure our people experience RSM as an open, inclusive workplace where they want to stay, learn and build their careers. We continue to make progress toward providing fair and equitable opportunities for all of our people and remain committed to fostering an inclusive workplace that supports the communities where our people live and work.

Calendar year 2022 percentage of promotions – female and diverse

0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Female promotion percentage
2022
47.5%
Diverse promotion percentage
2022
22.93%

Calendar year 2022 percentage of promotions – female and male by level

0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Female
2022
39.19%
Male
2022
60.81%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Female
2022
68.29%
Male
2022
31.71%

*Percentage indicates percentage promoted to the next level

0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Female
2022
45.80%
Male
2022
54.20%

*Percentage indicates percentage promoted to the next level

0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Female
2022
46.93%
Male
2022
53.07%

*Percentage indicates percentage promoted to the next level

0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Female
2022
47.84%
Male
2022
52.16%

*Percentage indicates percentage promoted to the next level

0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Female
2022
42.62%
Male
2022
57.38%

*Percentage indicates percentage promoted to the next level

0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Female
2022
72.58%
Male
2022
27.42%

*Percentage indicates percentage promoted to the next level

0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Female
2022
80.56%
Male
2022
19.44%

*Percentage indicates percentage promoted to the next level

Calendar year 2022 percentage of promotions – racially and ethnically diverse

0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Asian
2022
4.05%
Black
2022
5.41%
Hispanic/Latinx
2022
2.70%
Native American
2022
1.35%
Native Hawaiian or Pacific Islander
2022
1.35%
Two or more races
2022
0.00%
White
2022
85.14%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Asian
2022
7.32%
Black
2022
4.88%
Hispanic/Latinx
2022
4.88%
Native American
2022
0.00%
Native Hawaiian or Pacific Islander
2022
0.00%
Two or more races
2022
2.44%
White
2022
80.49%

*Percentage indicates percentage promoted to the next level

0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Asian
2022
9.09%
Black
2022
4.20%
Hispanic/Latinx
2022
3.15%
Native American
2022
0.35%
Native Hawaiian or Pacific Islander
2022
0.00%
Two or more races
2022
1.05%
White
2022
82.17%

*Percentage indicates percentage promoted to the next level

0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Asian
2022
10.04%
Black
2022
2.25%
Hispanic/Latinx
2022
6.35%
Native American
2022
0.41%
Native Hawaiian or Pacific Islander
2022
0.00%
Two or more races
2022
1.84%
White
2022
79.10%

*Percentage indicates percentage promoted to the next level

0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Asian
2022
12.78%
Black
2022
1.90%
Hispanic/Latinx
2022
7.60%
Native American
2022
0.35%
Native Hawaiian or Pacific Islander
2022
0.17%
Two or more races
2022
2.07%
White
2022
75.13%

*Percentage indicates percentage promoted to the next level

0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Asian
2022
10.27%
Black
2022
2.24%
Hispanic/Latinx
2022
9.21%
Native American
2022
0.24%
Native Hawaiian or Pacific Islander
2022
0.12%
Two or more races
2022
2.72%
White
2022
75.21%

*Percentage indicates percentage promoted to the next level

0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Asian
2022
3.23%
Black
2022
4.03%
Hispanic/Latinx
2022
12.90%
Native American
2022
0.00%
Native Hawaiian or Pacific Islander
2022
0.00%
Two or more races
2022
2.42%
White
2022
77.42%

*Percentage indicates percentage promoted to the next level

0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Asian
2022
5.56%
Black
2022
8.33%
Hispanic/Latinx
2022
11.11%
Native American
2022
0.00%
Native Hawaiian or Pacific Islander
2022
0.00%
Two or more races
2022
11.11%
White
2022
63.89%

*Percentage indicates percentage promoted to the next level

Diverse or women candidates earned 58.5% of promotions in 2022. Focused mentorship and professional development programs help us continue to identify qualified individuals and elevate them to their next opportunities.

Employee network groups

Our employee network groups (ENGs) play a crucial role in advancing and retaining diverse professionals, and we are proud that 89.3% of our partners and principals and 53.8% of our people participate in these ENGs.

Partner/principal members of employee network groups

Total employee network group membership

Board and leadership

RSM is committed to advancing diversity on our board of directors and leadership team. Included below are representation numbers for calendar years 2019, 2020, 2021 and 2022.

RSM US LLP Board of Directors

The RSM US LLP Board of Directors is the governing body of the firm. It is composed of the firm’s managing partner and CEO and 11 partners and principals who are elected by their fellow owners to serve four-year terms. A chairperson is elected annually by the board.

2019
Racially/ethnically diverse
White
2020
Racially/ethnically diverse
White
2021
Racially/ethnically diverse
White
2022
Racially/ethnically diverse
White
2019
Women
Men
2020
Women
Men
2021
Women
Men
2022
Women
Men

RSM US LLP leadership team

The firm’s leadership team is responsible for setting the firm’s strategy and annual operating plan. Representatives are selected through a panel interview process.

2019
Racially/ethnically diverse
White
2020
Racially/ethnically diverse
White
2021
Racially/ethnically diverse
White
2022
Racially/ethnically diverse
White
2019
Women
Men
2020
Women
Men
2021
Women
Men
2022
Women
Men

Pay equity

Our wage gap analysis showed equity or near equity for female and diverse professionals.

Comparison

$1.00
0
1.002
0.989
1.008
0.989

Adjusted wage gap 2021

Adjusted wage gap 2022

Minority: White
Female: Male

Comparison

$1.00
0
1.008
1.005
0.996
1.007
0.948
0.990
1.002
1.015
1.016
0.996
1.038
0.977
0.998
1.008

Adjusted wage gap 2021

Adjusted wage gap 2022

Asian
Black
Hispanic/Latinx
Native American
Native Hawaiian or Pacific Islander
Two or more*
All minority

Big picture: What the numbers say

Over the last several years, we have made progress in a number of key areas, including female employees in leadership positions and hiring diverse professionals. As part of our commitment, we are also continually identifying opportunities for improvement including further increasing diverse and female representation at all levels of our firm. As our timeline demonstrates, we have a longstanding commitment to diversity and inclusion, and we remain focused on enhancing diverse representation within our firm.

About the Report

Report Sections

Our culture is a powerful competitive advantage
RSM double downs on commitment to sustainability
Helping our clients and people navigate current challenges while looking to the future
Expanding the impact of diversity and inclusion
Acting as trusted stewards of our communities
A clear focus on environmental sustainability
Portrait of Ty Beasley RSM