Speeches

Lord Taylor of Warwick – 2015 Parliamentary Question to the Department for Education

The below Parliamentary question was asked by Lord Taylor of Warwick on 2015-12-14.

To ask Her Majesty’s Government what assessment they have made of why there has not been an improvement in the proportion of female high earners in the UK despite initiatives to reduce the gender pay gap.

Baroness Williams of Trafford

New figures released by the Office for National Statistics show that the gender pay gap in the UK remains the lowest on record.

I am proud of our achievements, but recognise there is still more we must do. To help eliminate the gender pay gap within a generation, we are requiring larger employers to publish information about their gender pay gaps and bonuses. We are also working with business to support and promote Lord Davies’ target of 33% of women on boards in the FTSE 350 by 2020.

The government is also introducing new regulations that will require larger employers to publish their gender pay gap information. This will encourage companies to take action and drive change on this important issue