The Times Top 50 Employers for Gender Equality Insights 2024
The Times Top 50 Employers for Gender Equality is the UK’s most highly profiled and well-established listing of employers taking action to create workplaces where everyone, regardless of gender, can thrive.
Now, more than ever businesses and others must double down on this agenda. Success in a changing and volatile world demands diverse, inclusive organisations where all can contribute and thrive. Progress on this agenda isn’t just ‘good for women’ and wider society, it’s vital for businesses’ bottom lines.
Our Insights Report 2024 outlines the steps you can take to drive this agenda forward.
Some key indicators tell us gender equity remains far from the norm in the UK, as women and other marginalised genders are:
– Typically paid less than men with a nationwide gender pay gap of 14.3%.1 That doubles for certain intersectional groups – women over 40 face a gender pay gap twice as large as those under this age2. Black African, Bangladeshi and Pakistani women are earning up to 30% less than the average male worker.3
– Still underrepresented in positions of power, with only 10 FTSE 100 companies led by women and 6 out of 10 leadership positions continuing to go to men.4
– Twice as likely to be employed in severely insecure work, hampering career progression and mobility, keeping women in lower-paid and lower-valued roles for longer (further driving the Gender Pay Gap).5
– Continue to face gender-based harassment and discrimination at work, with 2 in 3 young women saying they have experienced this in the workplace.6
A message from The Times Top 50 Listmakers 2024
Hear from some of this year’s listmakers about their gender equality journey and why making the list is important to their business.
Thank you once again to all participating organisations and a huge congratulations to those who made The Times Top 50 Listmakers 2024. As always, this is a journey, not a finish line and there is still much work to be done to ensure we are creating workplaces where everyone can thrive, regardless of gender.
Hear what the listmakers had to say.
Next steps
1. Come along to our The Times Top 50 Insights Report Event on 18 September, where we’ll look at these findings in more depth, with employers sharing details of their own approach. This will also see us share details of how you can enter next year’s awards.
2. Apply to The Times Top 50 – it is a great opportunity to stress test and learn how to improve your approach to Gender Equity. You can find the questions asked in this year’s assessment within the insight report. BITC experts, including Times Top 50 assessors, can offer cutting edge guidance on the steps employers can take around this agenda. Speak with our team to consider how we can help you refresh your policies, email us at Advisory@bitc.org.uk or TimesTop50@bitc.org.uk.
Other activities
Come along to our upcoming masterclasses:
- Responsible AI Series: AI and Gender Equity, where we will explore the early actions, organisations can take to mitigate the impact of AI on equality and consider the upskilling and retraining employees will need going into the future. This masterclass is only open to BITC members and The Times Top 50 Employers for Gender Equality applicants.
Find out more about our new Equal Futures campaign, which is aspiring to drive further, faster action on Gender Equity – contact your Relationship Manager, Adviser or Business.Development@bitc.org.uk.