Working to close the gap

Businesses benefit from taking steps to address pay gaps in their organisations. Companies that treat staff fairly are more productive, find it easier to attract and retain skilled staff, and ensure that they have a positive corporate image.

Organisations also benefit from developing transparent pay structures that are easy to maintain and to derive human resource management information from.

Addressing barriers to women’s representation at senior management level gives organisations confidence that the most skilled and talented individuals are in key decision-making roles. It also enables businesses to predict more accurately the needs and wants of their customers.

Reviewing pay structures also mitigates the financial and reputational risks of employees bringing equal pay cases.

Close the Gap has successfully worked with businesses on a confidential basis to support them in identifying and addressing issues with pay and progression within their organisations.

Close the Gap commissioned two position papers which evidence the business benefits to tackling equal pay.

The relationship between actions to promote gender equality and profit

Valuing Diversity: the business case for gender equality during an economic downturn