33% of organisations fail to provide a link to their gender pay gap report
13 Apr 2019
Analysis undertaken by paygaps.com has shown that 33% of the 8,237 private and voluntary organisations that have submitted their gender pay gap data have failed to provide a link to their gender pay gap reports on the government website in this reporting year. Government guidelines stipulate that private and voluntary organisations are required to submit their gender pay gap metrics in addition to a report which is published on their website. A link to the report should also be submitted to the government website along with the statutory metrics.
UK fund board overhaul rules must be stricter to achieve 'substantial change'
05 Apr 2019
Industry commentators (including WOB's Fiona Hathorn) have warned the Financial Conduct Authority's (FCA) requirements for all UK open-ended funds to have at least two or 25% of independent non-executive directors (iNEDs) on their boards will not "transform the industry" and does not go far enough.
Only 1,000 organisations report their gender pay gap
14 Feb 2019
With just under two months to go until the second gender pay gap reporting deadline on 4 April 2019, only 1,000 or around 10.5 per cent of the total number of organisations expected to submit their data have done so.
25 Jan 2019
Fiona Hathorn, Managing Director of Women on Boards, explains to City Parents the skills involved in managing disagreement and what collaborative leadership really looks like.
Can your leaders cope with being challenged?
28 Nov 2018
Guest author Fiona Hathorn of WOB UK gives tips in FCA Insight on how leaders can become better listeners.
".... if the norm in a board room is that the loudest voice gets heard, then the environment plays a key role in signalling whether diverse a boardand non-dominant voices will be willing (or able) to contribute in a meaningful way."
One in four UK gender pay gap reports found to be non-compliant
16 Oct 2018
Analysis undertaken by workforce data analytics specialists Staffmetrix, has shown that one in four organisations that have submitted gender pay gap reports for the 2018/19 reporting period failed to submit reports that conform to UK government guidelines.
Government refuses to change gender pay gap rules
17 Sep 2018
Calls to force law firms, accountants and other partnerships to reveal gender pay gaps have been snubbed by the government, causing upset among MPs and campaigners who had sought to strengthen existing regulations. The government said on Thursday said that it would not change gender pay gap reporting for five years in spite of a recommendation by the Commons Treasury select committee for the law to be extended to equity partners and company subsidiaries with fewer than 250 employees.
WOB's Fiona Hathorn comments.
"Stop treating women like fragile flowers"
01 Jun 2018
Fiona Hathorn of WOB UK in today's FT : Fiona Hathorn, chief executive of Women on Boards UK, a networking organisation, urged businesses to “think laterally” and advertise for board roles more transparently.
“Stop treating women like fragile flowers and excluding them from information,” she said.
“All the ‘good’ women have been snapped up” is just one excuse for lack of women in FTSE boardrooms
01 Jun 2018
“All the ‘good’ women have been snapped up” has been revealed as just one of the excuses given for the lack of women in FTSE boardrooms.
Businesses also claimed that women “don’t fit in” in a boardroom, or that they simply “didn’t want the hassle of sitting on a board.”
The excuses, given by leading businesses to explain the lack of female representation on boards, were revealed in a government-backed review of gender balance in the FTSE 350.
These Women Are Bored Of Your Sh*t Boardroom Chat
31 May 2018
'As you read this list of excuses you might think it’s 1918 not 2018.'
Some of the country’s biggest companies think women simply don’t “fit in” to boardrooms - and women on boards are calling bullshit.
In a new list of the top 10 excuses given by FTSE 350 companies for their boardroom gender gap, it’s been revealed some execs think “most women don’t want the hassle or pressure of sitting on a board”, the issues discussed are “too complex” for women and all the best women have already been “snapped up”.
Top 10 worst excuses for not appointing women executives
31 May 2018
Women don't fit in, don't want the hassle, and struggle with "complex issues".
Those are just some of the reasons given for not appointing women to FTSE company boards, according to a report on gender balance.
The government-backed Hampton-Alexander Review called it shocking, while a minister branded the excuses "pitiful".
Women fund managers outperform men — but are still paid less
23 May 2018
Female fund managers consistently outperform their male counterparts, according to figures which suggest there is entrenched sexism in the City.
Hedge funds run by women grew nearly twice as fast as the industry average in the past year, while female managers have also outperformed male managers over three, five and ten years.
Despite this, only one in 20 hedge funds employs female managers, and the overwhelming majority of top earners at the biggest hedge funds are men.
Getting Board Ready as a Trustee
25 Apr 2018
Heidi Smith has recently been appointed to a Board of Trustees. This post describes her experience and some tips in terms of getting Board Ready.
Gender Pay Gap Reporting - What now for you?
11 Apr 2018
Following the publishing of the UK’s corporate Gender Pay Gap data, a number of our individual subscribers, who are not corporate members, have been in touch to ask ‘what now’? They have seen their company’s top line numbers, are not impressed, and are wondering what they can or should do to further the careers of women/minorities in their companies. Too many are telling us that they have no further information on their division’s, or department’s gender pay gap data, and are fearful of asking for a breakdown for a whole host of reasons.
Why the influence of Women on Boards Still Lags
08 Apr 2018
A feature article by Kimberly A. Whitler (@KimWhitler) who is an assistant professor of business administration at the University of Virginia’s Darden School of Business.
Why the influence of Women on Boards still lags?
You are never too young to join a board
07 Apr 2018
Adding a board or committee appointment to your CV is a sure way of drawing attention and validating your capabilities whilst catapulting your career up the ladder of success.
Individuals that join boards, even of very small organisations, are able to use their experience & skills to influence an organisation whilst at the same time gaining exposure to a wide range of issues and building confidence, expertise and networks. Holly Alsop joined the board of the British Association of Nature Conservationalists with WOB UK's help.
Gender Pay Gap Reporting Deadline - Media Featuring Fiona Hathorn of WOB UK
06 Apr 2018
Over the past few weeks, the looming gender pay gap reporting deadline has kept Fiona Hathorn, MD of WOB UK, very busy. We have been asked to comment by the Radio 4's Today programme, BBC News, JazzFM's Business Breakfast show as well as input to Newsnight's programme on the subject. You can read and listen to some of that coverage featuring Fiona, here.
Gender Pay Gap Cynicism and the need for Proxy Metrics
05 Apr 2018
By: Fiona Hathorn, WOB UK's MD : Fiona's view on the need for 'Proxy Metrics' and not just blanket targets for women in senior management.
Cynicism is setting in across the corporate world, and middle manager men, who are feeling threatened, believe that their chances of being promoted are now zero because of their organisations' headline targets for women. This is clearly not the case, but nonetheless there are too many companies who are setting ridiculous headline targets for women in senior management that are not achievable, given low turnover at the top.
What companies need to do to 'shift the needle' as regards women in senior management, is to identify precise actions that will bring about change within ttheir individual companies. High-level metrics are relatively slow moving because the tenure of incumbents is usually quite long. In some businesses, senior executive team members stay for decades. While it may be good for businesses, it’s a significant challenge for gender balance progress. To read the full article click on the headline above.
Revealed: women make up 22% of fund leadership teams
24 Mar 2018
Men occupy 78 per cent of management positions at Europe’s largest asset managers, revealing the scale of the problem facing firms under pressure to make their senior leadership teams more diverse.
Ignites Europe research shows that women represent just 22 per cent of senior management teams across 50 of Europe’s largest asset managers.
Investment banks face fury over gender pay gap
04 Mar 2018
New disclosure rules may force some investment banks to reveal that they pay men twice as much as women, according to a campaigner for equality in business.
Fiona Hathorn, a former investment director for Old Mutual who is now managing director of Women On Boards UK, said many big banks are wrestling with how to present their gender pay gap data.
Five out of six UK companies fail to submit gender pay gap data
04 Mar 2018
Only one-sixth of UK employers have submitted their gender pay gap data to the government, with just a month to go before the deadline for reporting the figures. Employers with 250 or more staff have to report the gap between what they pay their female and male employees for the first time this year. Public sector employers must report by the end of March, while private companies and charities have until April 4. Fiona Hathorn is quoted in this feature.
Still an old boys' club? Questions over 'male- centric' industry socials
27 Feb 2018
When Fiona Hathorn, former global equities head at Old Mutual Asset Management and now MD of WOB UK, started out in the fund management industry in the 1980s she identified a way to advance her career: play golf.
Ms Hathorn says she realised within six months of becoming a fund manager that the fact she did not play sport meant she was “missing out” on key networking opportunities that were benefiting her male colleagues.The determined Ms Hathorn decided to take things into her own hands and learn to play golf.
The Art of Writing an Executive Summary
01 Jan 2018
I would have written you something shorter but…
Writing an executive summary is one of the skills that I believe that all employees who have a desire for management should acquire. Unfortunately, in these days of text, bots, email and Google search (aka cut and paste) the ability to create a compelling, short executive summary is a dying skill.
There’s no merit in untapped female talent for board roles
01 Dec 2017
We may know the benefits of gender diversity in theory, but in reality there are still too few women on boards. Setting targets and challenging unconscious bias could help, argues Fiona Hathorn, MD of Women on Boards in this month's Board Agenda magazine.
Fiona Hathorn on Radio 5 Live "Wake up to Money"
25 Oct 2017
Listen to Fiona Hathorn, MD of WOB UK, talk to Radio 5 Live's "Wake up to Money" programme about workplace culture, sexual harrassment, diversity and inclusion and the gender pay gap.
100 Women: Is the gender pay gap in sport really closing?
23 Oct 2017
"Women are far more visible in sports today than at any previous point in history," says UN Women in a statement. Yet the pace of change is so slow that it will take "a long journey" to reach pay parity at the top level, experts say.
"We are making progress, but it is happening at a glacial pace," says Fiona Hathorn, managing director of advocacy group Women on Boards."The sport world is very, very male dominated still and the disparities in some sports are shocking."
I would like to get a Non Executive Director role
23 Oct 2017
By: Mary-Sue Rogers, WOB Non-Executive-Director. Mary-Sue Roger's top summary of the lessons learned and things you can do to help improve your chances of appointment to a NED position for a listed organisation.
I have recently been to several networking events that focused on “how do I get on to a board as a non-executive”? The supply of individuals, with significant experience and qualifications, outstrips the demand for non-executive directors (NED) especially at the listed company end of the market. And the challenge for talented women to get appointed to an FTSE board is even more of an uphill battle.
The race is on to find top NEDs and Fiona Hathorn joins judging panel
01 Oct 2017
The Non-Executive Director of the Year awards for 2018 opened for nominations this weekend. The judging panel with some past winners: front row, from left, Richard Taylor, Sandrine Roseberg, Barbara Scott, Sir Roger Carr, Fiona Hathorn, Iain Dey, Professor Susan Vinnicombe and Steven Fine; back row, from left, Patrick Evershed, Malcolm McKenzie, David Croisdale-Appleby, Iain Newman, Sir Win Bischoff and Roger McDowell.
WOB welcomes INSEAD
10 Jul 2017
Women on Boards is proud to be partnering with leading graduate school, INSEAD, to raise awareness of its International Director's Programme. Offered the opportunity early in 2017, WOB is delighted to recommend this programme as a great way to upgrade your international governance credentials and network.
NED Awards 2017 in association with Peel Hunt
15 Mar 2017
Fiona Hathorn joins the other distinguished judges at the 2017 NED Awards, in association with Peel Hunt. "We are living in an era where the importance of Non-Executives is growing, where their influence resonates across media, politics, company boardrooms and all aspects of corporate governance."
FTSE Boards gloomy about economy but no plans to relocate post-Brexit
12 Dec 2016
A survey of FTSE 350 companies by ICSA the Governance Institute, out today, finds boards deeply pessimistic about the economy, with 72% of respondents expecting economic conditions to deteriorate, but firmly committed to remaining in the UK despite the vote to leave the European Union. Rowena Ironside, Chair of WOB UK comments in the article on the research findings on gender diversity.
Download the report here.
CBI Conference 2016
21 Nov 2016
Good to see so many of WOB UK's tweets finding their way onto the main screen at CBI 2016!
Fiona Hathorn on Sky Sports News
21 Sep 2016
Women on Boards UK's Managing Director Fiona Hathorn is interviewed on Sky Sports News Sportswomen programme about WOB's Gender Balance in Global Sport Report published this month, September 2016.
Watch the video here
Fiona Hathorn on BBC World News
20 Sep 2016
On September 20th 2016, Fiona Hathorn, Managing Director of WOB UK, was interviewed by BBC World News to give her views on Emma Walmsley becoming CEO of GSK and joining the small minority of female CEOs in the FTSE 100.
Watch the video here
Rowena Ironside judges First Women Awards
22 Jun 2016
The First Women Awards is the UK’s leading awards programme for senior-level business women and professionals. In 2016 Rowena Ironside, Chair of WOB UK, joined the judging panel.
Cyber Risks Board Panel Discussion
06 May 2016
Panel discussion on the scale and nature of the risks and vulnerabilities and the practical steps necessary for businesses to build resilience to cyber risks, featuring Rowena Ironside, Chair of WOB UK
Women Returners : Back to Your Future
24 Mar 2016
The Equality and Human Rights Commission have just released their new report on board appointment practices in the UK’s largest 350 listed firms. More than 60% of these firms have not met a voluntary target of 25% female board members.
International Women’s Day Q&A: Rowena Ironside
08 Mar 2016
To celebrate International Women's Day, Digital Catapult asked various women in tech for their views. In this blog post, Rowena Ironside, Chair of WOB UK and Non-Executive Director at the Digital Catapult, shares her thoughts.
WIFM poll backs gender-balanced boardrooms
18 Jan 2016
More than 70 per cent of those attending the BIFM Women in FM conference believe that targets should be enacted to ensure a more gender-balanced boardroom, according to a poll taken at the event.
Gender Diversity at Board Level - Recruitment Industry
19 Nov 2015
Gender equality at board level: how does the recruitment industry fare? The proportion of women in top-level roles is very much on the agenda once again, spurred on by various industry reports, latest quotas and workplace trends.