The Business, Energy and Industrial Strategy Committee questions companies on what action is being taken to address the gender pay gap. Ahead of the meeting, the Committee has also published written evidence submissions.
The session is part of the inquiry ‘Corporate Governance – Delivering on fair pay’ which is examining issues around the compliance of businesses with reporting requirements on the gender pay gap, such as whether the regulations are properly capturing the salaries of staff, and what steps companies are taking to address the pay gap.
Written evidence on gender pay gap published by Committee
The written evidence submissions on gender pay have also been published today and are available to view here [click ‘view all’ to see the 21 written evidence submissions]. Evidence has been received from firms and groups such as EEF, the manufacturers’ organisation, British Airways and the Association of Accounting Technicians. Submissions have also been published from campaigning organisations such as the Fawcett Society and Close the Gap.
Rachel Reeves MP, Chair of the Business, Energy and Industrial Strategy Committee, said:
"Excessive executive pay and the gender pay gap are at root an issue of fairness. It is unacceptable that in 2018 jobs reward men and women so differently. Some sectors of the economy, such as construction, manufacturing and aviation, may point to long-standing challenges in recruiting female staff, especially at senior levels. But what are companies in these sectors, and across the rest of the economy, doing to confront and actively tackle these issues and ensure they hire the best possible talent?
Transparency on gender pay gaps must only be the beginning. We want to examine the actions necessary to close the gender pay gap and ensure women have a genuine opportunity to get the top jobs."
Committee calls for evidence
The first panel will feature witnesses from firms in industries with a traditionally male-dominated workforce, including Balfour Beatty and Babcock. Easyjet and FDM Group will also be on the panel.
Members of the Committee will then question a second panel which will include Slaughter and May and PwC on issues around gender pay gap reporting. Also appearing will be witnesses from the Institute of Directors and the Equal Pay Portal.
Tuesday 15 May, Committee Room 18
- Kevin Goodman, Group Director of Organisation and Development, Babcock
- Sophie Dekkers, UK Director, Easyjet
- Sheila Flavell, Chief Operating Officer, FDM Group
- Jo Volk, Director of Talent and Development, Balfour Beatty
- Louise Meikle, Director of HR, Slaughter and May
- Laura Hinton, Chief People Officer, PricewaterhouseCoopers
- Sheila Wild, Founder, Equal Pay Portal
- Seamus Nevin, Head of Policy Research, Institute of Directors