David Cameron To Force Companies To Disclose Gender Pay Gaps
by The Daily Eye Team July 15 2015, 3:04 pm Estimated Reading Time: 0 mins, 45 secsLarge companies will finally be forced to disclose whether they are paying men more than women from next year, David Cameron will say on Tuesday. In a move that has long been resisted by businesses and parts of the Conservative party, the prime minister will bring forward rules by the first half of next year to make companies with more than 250 workers disclose the pay gap in their workplaces. Cameron will announce an ambition to end the gender pay gap within a generation. It currently stands at 19.1% for full- and part-time workers in the UK, meaning a woman on average earns around 80p for every £1 earned by a man. The difference represents the sixth-highest pay gap in the EU, behind countries including Italy and Poland. A consultation will be launched on exactly what information should be published, as well as where and how often.