The Women’s Business Council (WBC) has released its ‘Five years on’ report, which focusses on women’s progress in business and society.
Highlighting the role women play in key areas of employment today compared to what was happening five years ago, the report shows that women’s salaries have increased by 11.2% compared to a 9.5% increase for men. It also shows that 35.5% of managerial roles are now filled by women and that the number of women in employment has increased from 68% in 2014 to 71% in 2018 – that’s 15.2 million women (aged 16+) in total. The gender pay gap has also fallen from 19.7% in 2013 to 17.9% in 2018; and more than 30% of FTSE 100 board positions are filled by women, compared to 20% in 2013.
Minister for Equalities, Baroness Williams, said of the figures: “Today’s report highlights just how far we have come over the last five years, with the government’s introduction of 30 free childcare hours, opportunities for Shared Parental Leave, flexible working and mandatory gender pay reporting, really shaping the face of the modern workplace across the UK.”
WBC Chair, Dame Cilla Snowball DBE, said: “The Women’s Business Council has always understood that organisations and sectors face their own unique challenges when tackling the issues around the gender pay gap.
“We have advocated from the very start that organisations can learn from each other on best practice and measures that have been effective – to ensure their own actions to close these gaps are targeted, evidence-based and integrated.
“We hope the changes we have witnessed over the past five years have started to level the playing field within the workplace for women and men and that they will accelerate in future.”