8 March - International Women's Day
Today is International Women’s Day: an annual celebration of the social, economic, cultural and political achievement of women.
The theme for 2017 is ‘Be Bold for Change’.
Some of the predictions and statistics around the challenges for women remind me of the importance of my work – often advocating (on behalf of my clients) for changes in the workplace.
• The gender gap worldwide will not close entirely until 2086 – so, the lifetime of my daughter who was born in 2000;
• only 50 per cent of working age women are represented in the labour force globally (compared to 76 per cent of men);
• An overwhelming majority of women are in the informal economy, subsidising care and domestic work, and concentrated in lower-paid, lower-skill occupations with little or no social protection;
• The UK is in twentieth place worldwide (across a number of indicators around gender parity);
• This is actually a fall in our position from 2006 - when the UK was ranked ninth;
• The UK was only ranked fifty-third for the “economic participation” of women;
• In April 2016, the Office for National Statistics (ONS) estimated that the gender pay gap for full-time employees was 9.4 percent.
• When part-time employees were included, the gender pay gap was 18.1 percent;
• 12 companies on the FTSE 250 (or just under 5 %) still have all-male boards.