Harvard Law School Forum, March 22, 2019
We anticipate the combined forces of legislation such as U.K. gender pay reporting rules and stakeholders’ higher expectations will accelerate companies’ overall pay transparency and gender pay reporting. This more granular reporting is pressuring companies to increase the number of female employees at senior management and board levels and ensure males and females in similar roles have pay equality. By increasing female representation in higher paid jobs, companies can meaningfully reduce gender pay gaps. It’s really a broader talent development issue rather than simply a pay issue.
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