German Companies To Make Salary Slips Of Employees Public After New Law For Gender Equality

AFP

The German government on Wednesday approved new legislation that will force companies to be more transparent about salaries paid to male and female employees, in a bid to tackle the gender pay gap.

Under the new regulations, workers in companies with more than 200 employees will have the right to know what men and women in equal positions are earning.

b’Representational Image | Source: Reuters’

Businesses with more than 500 staff members will also have to publish regular updates on salary structures to show they are complying with equal pay rules.

Women’s Affairs Minister Manuela Schwesig hailed the law on salary transparency as “a real breakthrough” that would help millions of women narrow the pay gap.

“We have to break the taboo that you don’t talk about money, because we want to make sure that men and women aren’t played off against each other when it comes to wages,” she told the Rheinische Post newspaper.

Women in Germany earn around 21 percent less than men, according to her ministry. This is worse than the European average of 16.5 percent, according to 2015 data.

The discrepancy is in part down to the fact that women in Germany tend more often to work in low-paid jobs or sectors, or only part time.

For women with the same qualifications doing the same work as a male colleague the pay gap stands at seven percent, the women’s affairs ministry said.

Critics have argued that the new regulations will foster workplace animosity and create unnecessary red tape.

Christian von Stetten, a lawmaker from Merkel’s Christian Democratic Union (CDU) party, said some 4,000 companies would be burdened with additional bureaucracy because of the law.

“The right to demand salary information will foster workplace envy and discontent,” he told Die Welt daily.

Feature Image Source: Reuters 

You might also like
Celeb Guests To Private Jets: Everything To Know About Billionaire Ankur Jain & Erika Hammond’s Wedding
Poonam Pandey Faking Death Due To Cervical Cancer Is Disrespect To Everyone Who Has Died Of The Disease
This Guy Lost His Airpods & How He Found Them Is The Best Use Of Technology We Have Seen In A While
If Nothing Else, 2024 Brought New Ways To Express Different Emotions & We Moye Moyed Our Way Into It
10 Of The Most Powerful Intelligence Agencies Of The World That Keep The World’s Biggest Secrets
From The Prime Minister To The President, This Is How Much Our Indian Politicians Get Paid