Comment from Xactly on news that gender equality in the workplace is at least a generation, or an average of 17 years, away

“The gender pay gap is an on-going battle, and this latest finding that gender equality in the work place is an average of 17 years away is concerning. In London alone, where women earn on average £7,000 less than their male counterparts and gain almost half of what men do in bonuses – women only get 16% of their salary compared to 23% for men. Eradicating the gender pay gap should be a priority for every UK business and the announcement of requiring transparency of paid bonuses is a welcome first step to tackling this challenge on a business front. Through using the right tools, employee performance can be tracked and analysed and highlight where gaps in the business may lie and how they can be bridged. The employees sales ability would be noticed and rewarded, irrespective of gender.

“With women making less money across the spectrum regardless of their career paths, it’s time for every employer to take a holistic look at their compensation model to ensure there are no gender pay gaps. Every organisation can benefit from a thorough analysis of its compensation plan. By making a fair and accurate plan, organisations ensure that the workforce is fully enabled to drive the businesses to success. This not only creates a culture of productive employees, but can reduce the gender pay gap; hopefully bringing us closer to workplace equality that bit sooner.”