Connect with us

Hi, what are you looking for?

Captain Of Success
Top Stories

Finance

Over One-Third of Women Believe They Receive Unequal Pay, Survey Finds

More than one-third of women (36%) believe they are not paid the same as men within their organisation, according to a recent survey commissioned by Acas ahead of International Equal Pay Day on 18th September.

The survey, conducted by YouGov, highlights ongoing perceptions of pay inequality, despite legal requirements for men and women to receive equal pay for equal work.

The survey revealed that only 10% of men believed they were being paid more than their female colleagues. However, the persistent gender pay gap remains a concern for many women across various sectors.

Acas, which provides a dispute resolution service to assist with potential employment tribunal claims, reported a 34% increase in early conciliation cases from 2022/23 to 2023/24, indicating that pay disputes are still a significant issue in the workplace.

Julie Dennis, Head of Inclusive Workplaces at Acas, stressed the importance of having clear pay policies: “Having an equal pay policy can help bosses be open and clear with their staff about how they achieve equal pay and how they will resolve any pay issues. This can help tackle any perceptions that men are being paid more than women and ensure employers are not breaking the law.”

Acas advises employers to implement equal pay audits or reviews, especially for businesses with more than 50 employees, to identify and resolve any disparities. Employees who suspect they are being paid less than their male counterparts for the same work are encouraged to address the issue with their employer or seek formal grievance procedures.

Equal pay remains a critical issue as organisations strive to promote transparency and fairness in the workplace, ensuring that all employees, regardless of gender, are compensated equally for their contributions.

    You May Also Like

    Stock Markets

    RUELLE CANINO (left) and GM Janelle Mae Frayna (right) — PHILSTAR FILE PHOTO BUDAPEST, Hungary — GM Janelle Mae Frayna and wonder girl Ruelle...

    Finance

    Running a business in the UK comes with a myriad of responsibilities, and understanding your tax obligations is one of the most critical aspects....

    Stock Markets

    By Justine Irish D. Tabile, Reporter INFORMATION TECHNOLOGY and business process management (IT-BPM) companies in the Philippines face a shortage in artificial intelligence (AI)-equipped...

    Finance

    Labour’s plan to overhaul the non-dom tax regime could cost the UK government up to £1 billion as wealthy individuals flee the country, a...

    Disclaimer: CaptainOfSuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 Captain Of Success. All Rights Reserved.