Gender equality pays: the economic case for addressing women's labour market inequality

In 2007, Close the Gap published a position paper on the relationship between actions to promote gender equality in the workplace and company profit. The evidence suggested that there was a clear business case for individual enterprises to consider gender equality key to enhancing profitability and corporate performance. A wealth of research data from the academic and corporate fields indicated that considering gender equality enabled firms to:
• recruit from the widest possible talent pool;
• improve staff retention; and
• improve decision making and governance.