White Paper
Gender Pay Gap Reporting
Gender pay gap reporting, mandated for UK companies with over 250 employees, has revealed a persistent gap favoring men, particularly in sectors like finance and construction. Most disparities arise from fewer women in senior roles and higher bonuses given to men. Addressing this, companies are implementing initiatives like unconscious bias training, 50:50 recruitment shortlists, and STEM programs targeting women. Greater gender diversity, especially in leadership, correlates with increased innovation and business success, as shown by studies. Long-term solutions include creating inclusive cultures, supporting women through sponsorship, and designing flexible roles to foster gender equity in leadership.