New ‘pay ratio’ will compel businesses to explain pay gaps
UK businesses with more than 250 employees will need to explain differences in pay between their chief execs and average workers under new government plans. A metric, known as the ‘pay ratio’, will be used to monitor renumeration structures, which Business Secretary Greg Clark hopes will help bring executive pay in line with company performance. There […]
Industry Spotlight: EHRC’s ‘hidden pay gap’ report further fuels the discrimination of mental health employees…
Coinciding with much discussion in recent times on the topic of discrimination and mental health in the workplace, it has been suggested that employees who experience mental health issues will likely earn up to 42 per cent less than their colleagues, according to a new report from the Equality and Human Rights Commission (EHRC). The report, which pinpoints male workers to […]
