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Showing posts with the label Nicky Morgan.

U.K. Firms Ready Themselves to Reveal Gender Pay Gaps: A Private Or Public Solution?

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Today’s post focuses upon the upcoming raft of company disclosures in the U.K. that will detail the differences between what Men and Women are paid. The first companies to reveal their internal statistics include Virgin Money, Schroders, and Utilities company SSE, with the headline figure being that one of the companies, Virgin Money, has pay gaps of an extraordinary 36% , which is roughly twice the national average. In this post, then, we will look at the disclosures that are forthcoming and assess whether the actual task of forcing companies to reveal the gender pay-gaps is even something we should be insisting upon, or whether there is more to be done on a much bigger scale – there is clearly much that needs to be done, but the question remains of how it should be done to eradicate the pay-gap once and for all. The new regulations, which will be monitored by the Equality and Human Rights Commission, are aimed at all companies in England (and also public bodies) that employ ...