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I by IMD (Digital)

I by IMD (Digital)

1 Issue, 10. June 2023

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Closing the gender pay gap: be open, honest … and radical

Research suggests that banning salary histories may not help level the playing field between men and women. It's time for organizations to take bolder action on pay, argues Raina Brands
Closing the gender pay gap: be open, honest … and radical
Global Gender Gap Index 2022 Global Top 10 Things are looking up for women in leadership in countries such as the UK. Statistics released by the British government in 2020 showed that just under 40% of board positions in FTSE 100 companies were held by women - an increase of almost 30% in just 10 years. And it's not just the UK. There are signs that women's global share of leadership is trending upwards, with the World Economic Forum reporting a three percent rise between 2020 and 2022. The share of women hired for senior jobs around the world last year came in at 36.9%, according to its findings. But while stats like these are cause for some cheer, the overall picture remains gloomy. Women continue to earn less than…
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I by IMD (Digital) - 1 Issue, 10. June 2023

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