Pay up employers, or prepare yourself for a public shaming!

Minumum wageThe Government has unveiled new plans to name and shame any employers, who do not pay their staff the national minimum wage.

The new rules, due to come into force in October this year, have been designed to encourage more employers to pay their staff fairly – or shame them into paying up if they don’t.

According to the TUC (Trade Union Congress), an estimated 250,000 UK workers are paid less than the national minimum wage.

Read the full story on the BBC News website.

Gender equality in the workplace? Not where money is concerned!

Women are still earning less and receiving smaller bonuses

Women are still earning less and receiving smaller bonuses

According to the Chartered Management Institute (CMI), we still have a long way to go before we achieve gender equality in the workplace, where financial rewards are concerned.

In addition to the already existing pay gap between men and women who do the same job, on average, male managers’ bonuses are more than double those of female managers.

The CMI said that last year, the average bonus for female managers was £3,029, while men in similar positions were paid an average bonus of £6,442. These men also already earned salaries that were almost 25% higher than what their female counterparts were being paid.

Read more on the BBC News website.

Work Programme not actually working

The Government’s multi-billion-pound ‘Work Programme’, a scheme designed to get long-term unemployed individuals off benefit and into the work force, is said to be failing by MPs.

In its first 14 months, the scheme has only managed to get 3.6% of participants into secure employment, with Labour claiming the programme is “worse than doing nothing”.

Read the full story on BBC News.

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Pay gap between men and women falls

The pay gap between men and women in full-time employment is at less than 10%, for the first time since records began.

According to the Office of National Statistics, the difference between men’s and women’s median hourly full-time pay fell from 10.5% in 2011 to 9.6% in 2012.

A slower rise in male full-time earnings, compared to that of women in full-time jobs, as well as more progressive attitudes among employers and higher aspirations among women, are offered as possible explanation.

However, while the narrowing of the gap is good news, it’s worth noting that the overall pay gap – taking into account both part-time and full-time earnings – is still at a whopping 19.7%.

Read the full story at: Guardian.co.uk

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