Workplace Diversity

Part of Women and Equalities – in the House of Commons at 9:30 am on 22 November 2012.

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Photo of Julian Huppert Julian Huppert Liberal Democrat, Cambridge 9:30, 22 November 2012

Women are routinely paid less than men—15% less on average nationally; 23% less in London. However, the Davies report found that organisations with more women on their boards outperformed their rivals by 42% in sales, and significantly on return on capital and on equity. Does my hon. Friend agree that to promote greater equality in the workplace, companies must be far more open about their employment practices so that they have better outcomes?