Employment Partner Jennifer Millins and Head of Reputation Protection Emma Woollcott were in the latest issue of Executive Compensation discussing the reputational impact of the Gender Pay Reporting.
They said, "Businesses that come out on top in future years of gender pay reporting will have learned how to shape and control the handling of compulsory reporting while at the same time considering, implementing and reporting on longer-term strategies to close the gap. Being comfortable with the data and knowing its vulnerabilities allows a business to be prepared and to refine its strategy. Those companies will be better equipped to manage any reputational fallout, both internally and on the public stage. Identifying and responding to the specific challenges of their sector and organisational demographic in order to address gender imbalances will enable businesses to formulate long term solutions. It is those businesses that, year after year, will reap the benefits not only of positive publicity but, crucially, of a more balanced and ultimately successful workforce."
Read the rest of the report here.