Will Cameron help women in the workplace by forcing large firms to disclose gender pay data? July 14, 2015 Vicky Pryce, chief economic adviser at CEBR and author with Stefan Stern of Why Women Need Quotas (Biteback, 2015), says Yes Voluntary arrangements have not worked and forcing organisations to publish pay differentials is now essential. Interestingly young women do better than young men in their 20s. But thereafter the trend changes and the pay [...]
Gender pay gap: Why Cameron’s announcement is good news for the economy July 14, 2015 Like David Cameron, I want to look back at the gender pay gap in the same way we look back at women not voting and working – as something archaic, delusional and fundamentally wrong. Cameron’s announcement that large firms will have to disclose the average salary for both male and female employees will highlight the [...]
Top UK firms to reveal wages for male and female employees as David Cameron vows to “end gender pay gap” July 13, 2015 Large companies will soon be required to publish what they pay male and female employees, under new rules to be announced by Prime Minister David Cameron today as part of a commitment to “end the gender pay gap in a generation”. The rules will apply to companies with more than 250 workers. A consultation with [...]
Worst sectors for boardroom diversity: Women joining FTSE 100 boards but mining lags far behind retail industry as Conservatives push to end gender pay gap July 13, 2015 More women are joining the boards of Britain’s most powerful companies, but there’s a big difference between different industries, a breakdown by sector reveals. In a bid to end the gender pay gap "in a generation”, Prime Minister David Cameron announced plans today to require UK firms to publish gender pay audits. But progress is [...]
Women still left out of top FTSE positions July 12, 2015 Britain's blue chip firms hit their target of 25 per cent female directors this week, but campaigners say more still needs to be done. Research by Sapphire Partners, an executive recruitment agency, revealed that with several recent appointments, including Diane Schueneman at Barclays, Irene Lee and Pauline van der Meer Mohr at HSBC and [...]
Women on FTSE boards forecast to reach Lord Davies 25pc target by October July 10, 2015 Women are becoming more common in the boardrooms of the UK’s most powerful companies, as new research from executive recruiter Norman Broadbent showed the FTSE 100 companies on track to having one-quarter female boards by the end of the year. Currently, women make up 23.7 per cent of the companies’ boards, but an average of [...]
UK start-ups beat the US for diversity as founders are five times more likely to be female July 3, 2015 The UK's tech hub may have fewer "unicorns" than its American counterpart – but at least we're doing better at one thing. Start-up founders in the UK are five times more likely to be female compared to the US, a new study from startup accelerator Wayra shows. They’re also ten times more likely to have a minority [...]
Who is Carolyn Fairbairn? Meet the first female director-general of the CBI June 29, 2015 The Confederation of British Industry (CBI) has appointed Carolyn Fairbairn, a former director of strategy at both the BBC and ITV, as its first female director-general. Fairbairn will take the reins of Britain’s biggest business group from John Cridland later this year, the CBI announced yesterday. Cridland has led the CBI since 2011. [...]
Forget chauvinism: It’s good to be a woman in business June 29, 2015 Almost every week, another story portrays the City as a bastion of chauvinism, where women are underpaid and undervalued, dominated by macho males and discriminated against. In almost 20 years, I have never seen this happen. I have never been overlooked for a job, promotion or pay rise because I was a woman. My salary [...]
Six behaviours for women to get ahead: If you aspire to leadership, you need to show ability June 28, 2015 Gender diversity. Every organisation is grappling with the issue. There’s a regular drumbeat of reports about how women are performing in the workplace and how businesses are supporting – or not – gender diversity. At the heart of the issue is culture. If an organisation is truly committed to increasing the ratio of female [...]