There is a lot of discussion across all industries about gender salary bias with stats being released in the press showing a clear gender wage gap. The figures we are being exposed to don’t make good reading, however, there is positivity behind the headlines…
With salaries being released and company information being accessible by the public, the pay gap problem has become universally known and most importantly, and disappointingly, become a fact rather than suspicion. Within the Real Estate industry this is no different and it has been reported that the gender pay gap in UK commercial real estate is almost twice as large as the national corporate average. However, it’s not all doom and gloom. This awareness has led to organisations, campaigns and initiatives being implemented to combat the imbalance and make sure the future workforce is diversified with equal opportunities and equal pay.
To stop the gender wage gap, we need to encourage equality and lift women’s reputation in the industry. Here are a few initiatives that are currently being implemented:
At Foundation, we embrace diversity amongst our employee network, candidates, and clients, striving to eliminate discrimination from the workplace. We are determined to deliver diversity, not only because it’s fair, but also because we understand it brings new perspectives, improves talent retention, develops exceptional leaders and drives talent and skills to a business.
We are striving to significantly support a gender-balanced work-force. Here are some of the strategies we have implemented:
Cognitive diversity in the workplace requires strong leadership and clear communication. It delivers a team of individuals who carry out intellectual activities differently and can offer unique perspectives – a brilliant way to drive a business forward. The amount of activity and passion being seen across the industry is inspiring and showing confidence the gender imbalance can and will be eradicated!