Emma Codd comments on the gender pay gap

In response to the gender pay gap reporting deadline, Emma Codd, managing partner for talent at Deloitte UK, said:

“I remain firmly of the view that mandatory gender pay gap reporting is a means through which we can drive positive change in the UK when it comes to gender balance. However, I also believe that publishing the numbers alone doesn’t give the whole picture to stakeholders – firms that are serious about reducing their gap should have a plan in place to make this happen and therefore able and willing to publish this in their narrative”.

Given that the cause of the gender pay gap in many organisations – including my own - is a lack of women in senior positions, understanding the steps these firms are taking to ensure they have more women in leadership roles is critical. In my own firm we have worked hard over the past few years to improve gender balance at all levels of our firm – and these steps are working. However, we also know that it will take more than one year to play through to seeing them significantly reduce our gender pay gap.”

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