Promotion quotas could solve gender pay gap

Promotion quotas could solve gender pay gap

According to this article by Lara Bullock which appeared in Lawyers Weekly on 8 January 2016, despite the controversy around promotion quotas, the banking and capital markets leader at PwC has claimed they could close the gender pay gap. Speaking at the launch of the Women, Business and the Law 2016 report at the Australasian Finance & Business Conference in Sydney last December (2015), PwC banking and capital markets leader Julie Coates said the gender pay gap issue begins with a slight difference in salaries at the time of graduation. As men and women progress through their careers, more leadership positions are made available to men because the assumption that women take on the family caring role still exists, according to Ms Coates. “So the lack of leadership roles for women contributes to the gender pay gap and it’s continuing and it’s increasing throughout women’s careers,” she said.

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