UK 
United States
Pay discrepancies have long been a talking point for both employers and employees. In the UK, much work has been done to combat the gender pay gap. For example, every year since changes to the Equality Act came into force in April 2017, companies with more than 250 employees are legally required to report their gender pay gap figures by the end of the financial year. Despite this, there is still a vast difference in what men and women are taking home.
Data shared this year by Paymentsense found that eight in ten UK companies are still paying men more than women. According to the firm’s research, the UK average gender pay gap is 17.9% meaning women earn £4,861 less than men and actually work 41 days for free – a shocking figure despite efforts to reveal employers who are discriminating against genders.
Meanwhile, back in April this year the BBC highlighted that fewer than half of the UK’s biggest employers have succeeded in narrowing their pay gap. It found that overall, 78% of firms had a pay gap in favour of its male employees, with 14% favouring women while the rest reported no difference.
Moorepay | How should employers value their staff?
Charles Bendotti, Senior Vice President of People & Culture at cigarette and tobacco manufacturer Philip Morris International (PMI), spoke to HR Grapevine, sharing his thoughts on businesses who choose not to pay its staff equally, revealing that it would flaw everything within an organisation.
