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Leading on from last month’s debate of women’s progress in the business world, another relevant topic is wage disparity between men and women globally. This is not just a gender equality issue, but one which has a real effect on the economy.

Statistics from the World Economic Forum Report sourced from Equal Wages, Better GDP,  in Fortune Magazine (October 2012) emphasize the importance of equal wages by commenting that a country’s competitiveness is judged by its human capital.  If the female half of the workforce is ignored, the economy and GDP suffers.

The progress of women in the business world is an age old topic of debate but one which remains relevant even as the proportion of women in the workplace and specifically in executive roles rises.


An update on the latest statistics

 

A report published a few years ago recommended that FTSE 100 companies should aim for a minimum of 25% female representation on their boards by 2015.  The latest figures show that women now hold 17.3% of board positions, so the percentage is gradually increasing, as women make their mark in the business world.

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