Companies Amendment Bill aims to improve employee remuneration gap disclosure

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 60 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 77%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Nicola Malan from Malan Scholes Attorneys throws light on concerns regarding possible unintended consequences.

Download the free LiSTN audio app on Google Play, Apple or here.

NICOLA MALAN: Hi, good morning Simon. Yes, there are a few amendments that have been introduced. I think the two amendments that are the most controversial the disclosure of additional information, specifically the average remuneration of all employees’ remuneration gaps, reflecting the ratio between the top 5% highest-paid employees and the bottom 5% lowest-paid employees. That doesn’t currently have to be disclosed, and that’s now a new requirement.

SIMON BROWN: I take your point on that. I mean, non-approval could absolutely stymie the process, and I appreciate shareholders saying that they want more control, perhaps. But practically this could get very, very messy. SIMON BROWN: To me this very much sounds like a bill which has good intentions, but perhaps hasn’t actually really thought through the unintended consequences of this. Obviously there’s a process as bills go through parliament and the like. I’m not sure what the correct is, but objections being raised, perhaps.

SIMON BROWN: And timelines for that? In my understanding of parliament there’s process, but sometimes those timelines can stretch out, and there might not be certainty on that.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 5. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Nine Anglo American companies named in class action suit over harm to coal minersClass action specialist Richard Spoor filed the action in the Gauteng High Court last week.
출처: Moneyweb - 🏆 5. / 77 더 많은 것을 읽으십시오 »

How to Choose the Best AI Development Companies in IndiaSouth Africa Today, News source, provides breaking news on South Africa, world, Africa, sport, travel and more.
출처: SATodayNews - 🏆 44. / 51 더 많은 것을 읽으십시오 »