David Cameron calls for businesses to disclose gender pay gap

Prime Minister David Cameron is expected to go ahead with plans to force businesses to reveal whether they are paying men more than women – and name and shame the firms that are.

Large companies with 250 employees or more will be forced to disclose data regarding the gender pay gap among its staff.

Currently, on average a woman earns around 80p for every £1 earned by a man within a company.

The plans will roll out today, and were first introduced during the final months of the coalition.

David Cameron has revealed that the plans will also help to encourage firms to boost womens’ wages.

The Government has also already made plans to increase the Living Wage to £9 an hour by 2020 in the Summer Budget, which Cameron believes will also help to close the gender gap.

According to the BBC, in The Times, Cameron said: “This will primarily help women, who tend to be in lower paid jobs. It will help close the gender pay gap.

"But we need to go further, and that’s why introducing gender pay audits is so important."

Labour has since welcomed the news, but believes the Government has been slow to act on the gender pay gap.

Acting Labour leader Harriet Harman first highlighted the issues of women’s pay and asked for the Government to force companies to reveal their gender pay gap in the Equalities Act of 2010, but the coalition failed to pass the act.

PCR is also holding its own Women of the Year awards in October, which will celebrate some of the most influential women in the industry. 

Image source: Shutterstock

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