While major strides have been made in recent years, the gender pay gap is still very real. In fact, recent reports from BDO have suggested that it will take 63 years to completely close the gender pay gap.
In the six years since the introduction of mandatory gender pay gap reporting in the UK, the mean hourly pay gap between men and women has reduced only modestly from 15.07% to 12.97% but there has been a discernible and encouraging rise in female representation at higher pay grades, according to BDO analysis of official data.
