The Most Aggressive Public Move to Date …

The Most Aggressive Public Move to Date …

Today, the Financial Times has reported that Legal & General Investment Management (LGIM), one of the largest investors in the UK, has stepped up its efforts to improve gender balance on corporate boards. It has announced it will vote against chairs of any FTSE-350 company at annual meetings if the board is not at least made up of 25 percent females. LGIM manages £1tn of assets, and its announcement is likely to further sharpen the minds of Senior Business Leaders on the important need to tackle under-representation of women in senior roles. According to the Financial Times, the approach by LGIM to vote against all-male boards has already begun in the US. (more…)...
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Closing the Gender Pay Gap

Closing the Gender Pay Gap

Addressing Diversity in the workplace goes far beyond the now annual exercise of Gender Pay reporting, a Government initiative aimed at addressing pay disparities between female and male employees with the intention of closing the gap within a generation. Organisations with over 250 employees had until midnight on 4 April 2018 to publish their data, and whilst reporting has provided many organisations with the opportunity to take the first steps, for some the figures represent an uncomfortable truth. (more…)...
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