Gender Pay Gap Debate
Full Debate: Read Full DebateBaroness Jenkin of Kennington
Main Page: Baroness Jenkin of Kennington (Conservative - Life peer)Department Debates - View all Baroness Jenkin of Kennington's debates with the Department for International Development
(6 years, 1 month ago)
Lords ChamberAs 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.
My Lords, what are the Government’s plans to monitor progress? In particular, do they have plans to include a sectoral analysis?
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.