With a recent NGA Human Resources survey showing 29 percent of business leaders do not take the gender pay gap seriously, the fact firms are failing to comply sadly re-confirms this attitude. Comment Geoff Pearce, Managing Consultant.
On this news, Geoff Pearce, Managing Consultant – Reward at NGA HR said: “It is cause for concern that a significant proportion of business leaders still do not take the gender pay gap seriously. Whilst compulsory reporting is imminent, progress towards closing the gap will only be made if firms are prepared to put in place meaningful programmes.
The Government’s recent funding for ‘returnships’ is a step in the right direction, yet it is up to individual businesses to develop them if the pay gap is to be reduced for good. By addressing their pay gap, organisations will not just have good figures to report on paper, but the commercial benefits of a diverse and fairly remunerated workforce, improving performance, productivity and profitability.”