Gender Pay Gap Debate
Full Debate: Read Full DebateDepartment: Department for International Development
Baroness Jenkin of Kennington
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Gender Pay Gap
Baroness Jenkin of Kennington Excerpts(5 years, 11 months ago)
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Baroness Williams of Trafford
As the noble Baroness will know, McKinsey has estimated that bringing more diversity to the workplace—particularly women—will increase the economy by over £150 billion by 2025.
Baroness Jenkin of Kennington (Con)
My Lords, what are the Government’s plans to monitor progress? In particular, do they have plans to include a sectoral analysis?
Baroness Williams of Trafford
In terms of monitoring progress, businesses with over 250 employees will have to do this exercise every year. I am pleased that all the businesses in scope actually reported their gender pay gap. There is clearly scope to start to disaggregate those figures by sector, and I hope that that will be where we get to at some point soon—but I think we have made a great start.