Many organisations acknowledge the gender pay gap, but struggle to take meaningful action. While 89% of companies track pay equity, only 50% take proactive steps to close the gap (Mercer, 2023).
At Netwomen, we help organisations go beyond awareness by implementing inclusive leadership programs, pay transparency policies, and structured career development initiatives.
Common Roadblocks to Pay Equity
Companies often fail to address pay disparities because of:
🚧 Lack of Data & Insights – Without tracking how pay gaps form, companies cannot make targeted improvements.
🚧 Unconscious Bias in Promotions – A 2023 Harvard Business Review study found that women are 14% less likely than men to be promoted, even when performance is identical.
🚧 Resistance to Change – Many companies lack leadership buy-in or structured strategies to make pay equity sustainable.
Turning Insights into Action
To create lasting change, organisations must:
✅ Conduct Regular Pay Audits – Identify disparities in hiring, salaries, and leadership promotions.
✅ Implement Pay & Promotion Transparency – A 2023 LinkedIn survey found that pay transparency improves employee trust by 70%.
✅ Invest in Inclusive Leadership Programs – A McKinsey study (2023) showed that companies that actively support women’s career progression see a 30% increase in female leadership retention.
Success Story: A Company That Took Action
One organisation working with Netwomen saw:
📉 An 8% reduction in the gender pay gap for bonuses.
📈 A 10% increase in female leadership promotions.
The Future of Pay Equity Starts Now
Companies that take proactive steps toward pay equity will attract top talent, boost engagement, and improve business performance.
📩 Ready to take action? Contact Netwomen today to explore our inclusive leadership programs: https://www.netwomen.us/