Executives at some 8,000 companieswith over 250 employees are poringover spreadsheets ahead of new rulesthat will force them to publish by April2018 any pay disparities between menand women. That should give femaleworkers a little extra leverage when itcomes to seeking equal pay with theirmale colleagues, says Stephanie Bakeron Bloomberg.com.
Taking her cue fromDavid Cameron, Prime Minister TheresaMay has vowed to fight the "burninginjustice" that means "if you're a woman,you will earn less than a man". In Britain,women earn 19.1% less on average,compared with 16.4% less across theEuropean Union, according to Eurostatdata from 2012, as the map shows.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Lloyds axes foreign currency fees for Club Lloyds customersClub Lloyds customers will be able to withdraw their money abroad without incurring any extra fees
-
How to invest during stagflationTrump’s tariffs look poised to push the global economy into a period of stagflation. We look at how to ensure your investments can survive a global slowdown.
