Progress in the gender pay gap has been made, yet only 20% of businesses have successfully eradicated it.
Gender pay gap improves but only one in five businesses have eliminated it
March 7, 2025
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It’s encouraging to see progress in closing the gender pay gap, but the fact that only one in five businesses have fully eliminated it highlights how much work still needs to be done. Addressing pay disparities is crucial not only for fairness and equality but also for boosting employee morale and productivity. Companies should prioritize transparent pay practices and invest in regular audits to ensure that they are on track to achieve gender pay equity. By fostering an inclusive workplace culture, businesses can attract and retain top talent while contributing to a more equitable society. What are some effective strategies that companies can implement to accelerate this progress?