“Monitoring gender data closely, at least annually, helps workplaces to create environments in which all members of the organization are supported to reach their full potential,” says Libby Lyons, director of the Workplace Gender Equality Agency. “Leading employers understand that failing to address the gender pay gap is both wrong and bad for business, so they actively and regularly analyse their data and take steps to correct imbalances.”
Annette Kimmitt, CEO and managing partner of MinterEllison, a legal and consulting services firm, co-sponsored a round table with Lyons’ group on the matter. "All workplaces should be equipped with strategies and meaningful initiatives to address these key business issues,” Kimmitt said.“The only way an employer can know if there are pay inequalities is if they keep a close eye on the full range of gender equality data for the organisation.”