This PwC report explores the impact of gender equality on productivity and growth. The results of this year’s index show promising progress, with the average OECD score rising 13 points to 69 since 2011, driven by increased female workforce participation and a narrowing gender wage gap. However, despite these improvements, the pace of change remains slow; the latest index data suggests it will take almost half a century to close the gender gap across the OECD and the UK is falling behind other countries in terms of progress toward achieving gender equality at work, with its lowest ranking in over a decade. The findings of the report emphasise the need for ongoing efforts to promote gender equality in the workplace - with women constituting an increasingly significant proportion of the global population, their underrepresentation and disadvantage in the workplace is not only unjust but also economically counterproductive.

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PwC