David Cameron says firms should not fear new women’s pay law
15th July 2015
The news that Prime Minister David Cameron has forwarded rules to make firms with over 250 employees release details about whether they pay men more than women has caused a stir among businesses.
This could mean that women working in an in-house legal lawyer position for a firm that has over 250 workers could find out the gender pay gap in their company, which has caused some employers to come out and say that the information could be misleading.
However, David Cameron told bosses that “there is nothing to be frightened of” as he aims to reduce the gender pay gap that currently exists between men and women.
It is believed that on average women are paid 20 per cent less than men despite gender now making little or no difference to earnings for the under 40s and in a bid to find out the reasons for the remaining gulf in pay, companies will have to calculate the difference within their workforce.
Prime Minister David Cameron, said, “I have two girls and a boy and I want my two girls to have every opportunity to be as well paid as my boy. It’s not fair and the fact that there is still this gap is a standing rebuke to our country.”
Key ideas to David Cameron’s plans are to increase childcare to enable mothers to return to the workplace and to try to get more girls to study maths and science so they can work in these professions that have been previously male dominated.
Image Credit: brett jordan (flickr.com)