How companies are bypassing gender pay gap

Campaigners have accused companies of trying to cover up their gender pay gaps by paying men more in bonuses.

The Women’s Equality Party analysed the 10,429 companies which took part and found almost a third – 32 per cent – had smaller pay gaps than last year but bigger bonus gaps.New data also found 45 per cent of companies had overall bigger gender pay gaps in 2018 compared to 2017, according to a BBC study.

Harini Iyengar, spokesperson for the Women’s Equality Party, said a tax on excessive bonuses should be implemented if companies are going to find loopholes in the system.The activist added: ‘Rather than tackling gender inequality head on, boards are simply repackaging it.‘They take profit away from the lowest paid workers, most of whom are women, and they encourage the kinds of risk-taking that resulted in the financial crisis that women have paid for through years of austerity.

This is the second round of pay gap reports, with companies boasting more than 250 employees required to submit annual figures.

By paying women who already earn more than 99% of the population more the world will suddenly become a better place.

i dont understand the gender pay gap,is that for the few and not the many? as in those who earn far more than the ordinary working person?

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Large companies have published their gender pay gap figures: How does yours compare?Three quarters of large companies have a gender pay gap that benefits men, according to new figures.
Source: The Telegraph - 🏆 41. / 63 Read more »

Most companies fail to narrow gender pay gapData shows that 52% of firms did not narrow the divide, with 78% having a gap that favoured male workers. 52%? Obviously they didn't know what gap they were narrowing... There is no pay gap. There is a gender in senior roles gap. Stop spreading the false rhetoric that men are paid more than women for doing the same job. They aren't. Women need to raise their game, obviously.
Source: BBCNews - 🏆 3. / 97 Read more »

Gender pay gap has increased at a 'significant proportion' of UK companies this yearLittle progress made in discrepancy between men and women's pay, early indication suggest Surely the genderpaygap has already been debunked? Best work.en put more time I then Hows the work output gap these days?
Source: The Independent - 🏆 80. / 59 Read more »