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| Monday, 27 August, 2001, 00:14 GMT 01:14 UK Top firms review women's pay ![]() On average for every �1.00 a man earns a woman gets only 82p Nine blue-chip companies are to review the pay and conditions of their female staff as part of a government review of inequalities between men and women in the workplace. Information supplied by the companies, which include British Airways, HSBC Bank and Granada, will be used by the Kingsmill Review on Women's Employment and Pay. The government initiative, steered by Denise Kingsmill, the deputy chairman of the Competition Commission, was established to ensure the UK's 12.5 million working women get treated fairly at work. Thirty years after the Equal Pay Act, women are still getting paid less than men - resulting in a financial deficit that could add up to as much as �250,000 over a lifetime.
Ms Kingsmill said: "Conducting an employment audit is the first step in improving company performance through the better management of people. "The encouraging support of these companies illustrates the importance of good management of human capital." So far, Ms Kingsmill has visited more than 50 groups as part of the consultation phase of the review and she is due to report back to the government this autumn. Closing the gap Minister for Women Sally Morgan said: "We are committed to closing the pay gap and are working with business to achieve it. "The introduction of the minimum wage gave over one million women an instant pay rise. "But there is clearly still much to be done to close the 18% gap. "That's why we asked Denise Kingsmill to carry out a review.
The other companies which have agreed to carry out a review are Citigroup, Unilever, Littlewoods, Compass and Centrica. As well as looking at differences in salary, the nine companies will examine issues like whether women are put into certain types of job, such as administrative posts and support roles, which may limit their ability to get promoted. They will also look at the rate at which men and women get promoted. | See also: Internet links: The BBC is not responsible for the content of external internet sites Top Business stories now: Links to more Business stories are at the foot of the page. | |||||||||||||||||||||||||
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