Firms could claim male staff are self-identifying as women to dodge gender ...
Firms could dodge drives to boost number of women in the boardroom and end gender pay gap by claiming male staff are self-identifying as women under new plans New diversity targets will require companies to close the gender pay gap Proposals recommend at least 40 per cent of boards are made up of women But critics warn allowing trans women to count as female skews the data
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Firms could dodge a drive to boost the number of women in boardrooms by claiming their male born staff identify as women.
New diversity targets will require thousands of Britain's biggest companies to close the gender pay gap.
But the proposals define a woman the same way as LGBTQ campaign group Stonewall rather than the way gender is usually recognised under UK law.
If they go ahead, companies can meet percentage targets by including transgender women as female in their self-reported data — despite them not necessarily facing the same discrimination relating to their sex.
Critics claim the move has been brought through by 'stealth' by industry regulator the Financial Conduct Authority (FCA).
