A recent survey from the Equality and Human Rights Commission reveals that almost two-thirds of women (61%) when applying for a job, take an employer’s gender pay gap into account. Over half of those women express that a gender pay gap would lower their motivation and commitment to the employer and that they would also be less likely to recommend the employer.
The survey results show that businesses with larger pay gaps may lose out on recruiting and retaining employees if they do not take action, putting them at a competitive disadvantage and risking reputational damage. The Equality and Human Rights Commission therefore strongly recommends employers produce pay gap figures, alongside action plans with targets and deadlines to close the gap.
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