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Boardroom balance Boardroom balance
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The report from Cranfield School of Management showing the slowdown in female board appointments gives cause for concern (Drive to get more women in boardrooms slowing, 10 April). That female board appointments are declining and we haven't had a female prime minster since 1990 shows the precarious nature of gender equality in an unbalanced system. A key imbalance in large organisations is vastly unequal levels of pay. Addressing this would bring more balance and see more women rise to the top.The report from Cranfield School of Management showing the slowdown in female board appointments gives cause for concern (Drive to get more women in boardrooms slowing, 10 April). That female board appointments are declining and we haven't had a female prime minster since 1990 shows the precarious nature of gender equality in an unbalanced system. A key imbalance in large organisations is vastly unequal levels of pay. Addressing this would bring more balance and see more women rise to the top.
Our research has found average pay for a female lawyer is £111,293 – some £50,000 less than the average for a male lawyer of £162,689. This sends out an extremely demoralising message to women at all levels of seniority and can discourage them from aiming for the very top. Once equal pay is achieved, change will come as women push at the door of boardrooms. The result will be equal representation, much to the benefit of the companies themselves. Indeed, in the future, we will wonder how we ever excluded almost half the potential talent pool at board level at a time when the economy was in vast turmoil.
Lucinda Moule
Managing director, Laurence Simons
Our research has found average pay for a female lawyer is £111,293 – some £50,000 less than the average for a male lawyer of £162,689. This sends out an extremely demoralising message to women at all levels of seniority and can discourage them from aiming for the very top. Once equal pay is achieved, change will come as women push at the door of boardrooms. The result will be equal representation, much to the benefit of the companies themselves. Indeed, in the future, we will wonder how we ever excluded almost half the potential talent pool at board level at a time when the economy was in vast turmoil.
Lucinda Moule
Managing director, Laurence Simons
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