Opinion: Addressing the gender pay gap may cost Irish companies, but the costs of failing to do so are greater

Michelle Cullen A Managing Director in Accenture Ireland FIFTY YEARS AGO, Mary Robinson ran for the Seanad. She wanted to “challenge the then status quo,” she said at the time, and against the odds, “managed to win that election.”

And as we welcome a new decade, we need to recall that bravery once again if we are to create a level-playing field for women in business.Gender inequality is still rife in Irish society, particularly within our workforces and in STEM careers. In fact, the number of girls taking STEM subjects has barely changed since 2014.

Outdated perceptions and stereotypes linking gender and abilities persist, and these are being passed on to our young people. In Ireland, more women than men have third-level qualifications, but this is not reflected in the seniority of women in employment. Women’s presence and visibility matters in business, and in our society at large. If women are left out of critical spaces, that hinders innovation and decision-making.

“Dr Michelle”. You can guess how the rest is going to go.

More important than the pay gap is the wealth gap! Women have about 30% less wealth on average in the Eurozone

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