Gender Pay Gap

Baroness Jenkin of Kennington Excerpts
Monday 26th November 2018

(5 years, 12 months ago)

Lords Chamber
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Baroness Williams of Trafford Portrait Baroness Williams of Trafford
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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 Portrait Baroness Jenkin of Kennington (Con)
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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 Portrait Baroness Williams of Trafford
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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.