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Subscribe to this list via RSS Blog posts tagged in Gender Equality

According to a report released by Credit Suisse Research Institute, companies with at least one woman on the board have outperformed in terms of share price performance those with no women on the board over the course of the past six years. Companies with at least one woman on the board also exhibit higher return on equity, lower leverage and higher valuations.

A new report from the European Commission has said that the EU must improve equality between men and women if it is respond effectively to the current economic crisis.

A European Commission (EC) report has shown that limited progress towards increasing the number of women on company boards has been achieved one year after EU Justice Commissioner Viviane Reding called for credible self-regulatory measures.

Despite commitment from the EU to improve the number of women on executive boards, data issued by Mercer has shown that women continue to be under-represented in senior executive and management positions across Europe.

Gender pay gap falls

Posted by on in Sex Discrimination

The gender pay gap has fallen below 10% for the first time, according to data published by the Office for National Statistics. Standing at 10.1% in April 2010, the gap between men’s and women’s median full-time hourly earnings excluding overtime was down to 9.1% in April 2011.

Lord Davies' newly published Women on Boards review finds that progress has been made, but challenges more firms to set out their plans to increase female representation at senior levels.

 

Recent research has found that UK employees want their organisations to employ more female managers.

Gender equality reporting

Posted by on in Sex Discrimination

The Government has launched its new framework for voluntary equality reporting, which is aimed at improving transparency on workplace gender equality issues in the private and voluntary sector.

The Financial Reporting Council (FRC) has begun consultation on whether the UK Corporate Governance Code should be revised to require listed companies to publish their policy on gender diversity in the boardroom and report against it annually. This was a recommendation in Lord Davies’ report, “Women on Boards”, which was published in February.

Leading business women from the UK, New York and Hong Kong agree that it is the job of the business community to do more to attract women to top jobs, a survey for HSBC bank has shown.

The Council of Europe Commissioner for Human Rights, Thomas Hammarberg, has announced that the salary gap between women and men in most European countries is between 15% and 20% and there are some countries with an even sharper difference.

Almost three-quarters of women (73%) believe the glass ceiling exists and say there are still barriers for women looking to be appointed to senior management and board level positions in the UK, according to research by the Institute of Leadership & Management. In contrast, just 38% of men believe there is a glass ceiling.

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