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REDUCING the gender pay gap would add £150 billion to the economy within the next 10 years, the head of the Fawcett Society said yesterday.
The women’s rights charity chief executive Sam Smethers said there were a number of barriers to closing the gap, including difficult bosses, some recruiters and people who regard working mothers as being less committed to their jobs.
She told a conference in London: “The gender pay gap is a productivity gap. It represents the wasted potential of women’s talents and skills.
“Research shows that reducing it would see over 800,000 more women in work and add £150bn to our economy by 2025.
“These findings show that the majority of women are going to be looking for employers who are taking action to address it.”
