“What we’re seeing is the undervaluing and also the underrepresentation of women, both of which contribute to the gender pay gap. Under new legislation, by next April all companies with more than 250 employees will have to release figures showing their gender pay gap (most will have one). But what we will have, with the mandatory gender pay reporting, she says, “isn’t real transparency – we won’t know what individuals are earning, we will get average figures. “We’ve been explicit about the drivers of our gender pay gap,” says Helen Rose, TSB’s chief operating officer. “For us, that was about getting across to our partners [employees] the difference between an equal pay issue and having a gender pay gap.

Source: The Guardian July 20, 2017 04:52 UTC