Not so long ago, we checked in with a post highlighting the topic of ‘The Gender Pay Gap’ in the Scottish council. At the end of this working week, the hot topic came into the news again as big firms have been forced to reveal the gender pay gap- well, at least the firms who employ more than 250 workers. The new regulations will affect about 8,000 employers across the UK. Under the plans announced by Women and Equalities Minister Nicky Morgan, private companies and voluntary organisations will be required to reveal the number of men and women in each pay range to show where pay gaps are at their widest. Companies that fail to address pay differences between male and female employees will be highlighted in new league tables under plans announced on Friday. Employers must also publish their gender pay gap on their websites. They will have to report every year and senior executives will be expected to sign off the figures personally.
Latest figures suggest that women in the UK still earn on average 20% less than men. Last summer, Prime Minister David Cameron pledged to end the gender pay gap within a generation. The Office for National Statistics (ONS) said in November that the gap between men and women’s pay for full-time workers was 9.4% in April 2015, compared with 9.6% in 2014. The government hopes to tackle the root causes by encouraging more girls to study maths and science over the next five years.
Source: BBC News