Finance & Fury Podcast

Welcome to Finance & Fury, the Furious Friday edition. Today’s episode is all about the drive to equality. A recent proposal by the Labour Government is to force equality through gender, and forcing companies to publicly disclose pay gaps between men and women. Reporting differences in pay between genders Personally, I don’t like it as it further drives division between people I think it will actually hurt women more than help them The Proposal Companies with more than 1,000 employees will be forced to publicly disclose how much they pay woman compared to men. Companies that fail to comply will be excluded from competing for government work - this seems like blackmail for compliance! Companies already disclose pay gaps to the Workplace Gender Equality Agency as it is already illegal to discriminate and pay people less based on gender Why is this happening? The Wage Gap currently sits at about 15% or so, but this depends on how you interpret the numbers Stats – What is an average? In 2016 the average