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Takeaways: What Drives the Wage Gap?

Takeaways: What Drives the Wage Gap?”

But as Theresa May's plan to achieve gender pay equality gets under way, and employers feel forced on pain of public shaming to promote more women into higher positions, those specially selected women will believe their successes are not due to luck or even to their own merit, but to a patronising attempt to pretend that men and women are identical in every way apart from the unfortunate tendency to produce children.

Jess Garland, the society's director of policy and research, said: "Now that companies have revealed their gender pay gaps, it's time United Kingdom parties tackled the inequality in their own back yards".

A law introduced last year requires companies and charities with more than 250 workers - covering nearly half of Britain's workforce - to report their gender pay gap each year by April 4.

Britain's Equality and Human Rights Commission (EHRC) said the 1,500-odd companies that had not met the deadline would be given a month to comply before the watchdog took action - which could lead to court proceedings and result in unlimited fines.

"We will soon be starting enforcement against all employers that haven't published", she added. Some who celebrate "Equal Pay Day', the date when women finally earn enough to make up for last year's wage gap, say this gap is driven by gender discrimination in the workplace".

HSBC, Europe's largest bank, has reported the largest difference in male and female staff salaries among large organisations in Britain, as the government looks to pressure big companies to reduce gender pay disparities. One can now peruse the database and find public pay and bonus pay data for a number of game companies, including Frontier Developments ("women's mean hourly rate is 14.9% lower than men's"), Electronic Arts ("women's mean hourly rate is 13.7% lower than men's"), and Jagex ("women's mean hourly rate is 21.7% lower than men's").

Firms are not required to break down the data in detail, leading to criticism that the average figures could obscure or exaggerate demographic explanations for disparities.



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