Companies are being made to increase the number of women on their boards, measuring diversity.

The Confederation of British Industry (CBI) said the UK Corporate Governance Code to be revised so that listed companies are obliged to inform about the diversity within their company on a “comply or explain basis.”

As part of the recommendation to Mr Davies, who is conducting a review of the government over the lack of women filmmakers, companies must report their progress against targets set within.

The goals should reflect the circumstances of a company for a business with a large number of female workers would have to establish a higher target of diversity in its staff, while a company with only a handful of employees, women have a lower destination.

Helen Alexander, president of the CBI, said more must be done to encourage women in positions of boardroom as women remain underrepresented, despite accounting for over half of university graduates.

She said: “We need to see more women progress through the ranks and do more to keep them moving along the career pipeline for senior positions.”

Ms. Alexander emphasized the point of such initiatives as flexible working, mentoring and networking has helped more people than female room reaches the level of direction, but said that better management is needed to help further the advancement of women.

With these changes, companies can require the expert advice of performance improvement consulting to help your organization learn more sophisticated techniques of management talent in order to provide world-class solutions.

Other CBI recommendations to improve diversity in the boardroom include programs such as taking the company presidents act as mentors and advocates for female candidates on board.

Board level appointments must also be transparent and women should receive increased support of flexible work policies when they experience natural breaks in their careers, such as pregnancy.

Meanwhile, there was good news for female employees as the investigation by the Office for National Statistics (ONS) revealed that the salary gap between men and women declined by almost one percent to 15.5 percent.

The ONS report found that the closure report on wage inequalities between men and women was the result of women receiving higher salary increases in 2010 compared to previous years.

ONS statistician Mark Williams said: “This year’s results follow the pattern we have seen in recent years wage inequalities between men and women tend to be narrower.”

The study found that there was an increase of 2.2 percent in average hourly wages of women of 13.73 pounds, while men’s wages grew 1.1 percent to 16.25 pounds.