It's Equal Pay Day - but what does it really mean?

Another year, another Equal Pay Day. But despite what we all know about the gender pay gap, are we any further in achieving it?

Today Maria Miller, minister for women and equalities, is hosting an event at No11 Downing Street encouraging CEOs to support and promote women in the workplace. As she openly reveals in her blog that 'we've reached a point where there can no longer be any excuses', isn't it time we said the same thing about the gender pay gap? According to a report by the Chartered Institute of Management the two things are intertwined.

The report suggests that part of the reason the pay gap is so great is because not enough women are making it to the top. In my opinion that's an easy excuse. In reality, it shouldn't matter where you are in the company, you should still be paid the same as your peers.

So is total transparency the answer? I'm not convinced on that argument either. If you knew what everyone in your office or on your team was paid, would that inspire you to work harder or cause resentment?

Let's just hope that by encouraging CEOs to support and promote women at work, equal pay will also become part of the discussion.

Join the debate on Twitter @RedMagDaily and show your support for #EqualPayDay

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