Because more women work in lower paid jobs, equal pay for women will make a significant contribution to ending child poverty. And equal pay will help women to realise their full potential by creating a level playing field in the workplace between women and men. Taken overall, equal pay will help to break the vicious cycle of a lifetime of inequality where women's lower earnings result in greater poverty in old age. Equal pay will make it easier for women to make provision for their old age. Pay reviews avoid unfair discrimination and ensure that the skills, experience and potential of all staff are rewarded fairly, thereby increasing the organisation's morale, efficiency, productivity and competitiveness.
Equal pay is about good management.
Ultimately, if employers do not reward talent fairly, good employees will not stay with their company. We know that young people expect equal pay, and many young women and men may choose not to work for a company which gives women less reward for their contribution to its success. We believe that equal pay is an issue whose time has come. As we move towards a new century, there are many indicators that our attitudes to pay are changing. Attitude surveys commissioned by the EOC show that young people of both sexes expect women to receive equal pay with men.