Ontario passes gender pay transparency law (The Star)
4/24/2018 Gender pay gap
This article was authored by KRISTIN RUSHOWY - to access the complete article on the Star click here
(Extract) New legislation has passed that will force employers to publish salary ranges in a move meant to help narrow the gender pay gap. Bill 3, the Pay Transparency Act, also means companies cannot ask potential employees about their pay history.
Firms will also have to report salaries to the ministry, broken down by gender and other factors.
“We’re the first province in all of Canada ... to introduce a comprehensive package of measures that’s going to increase pay transparency,” Labour Minister Kevin Flynn said in the legislature last week.
“The legislation is a new tool in our tool kit. It’s going to promote workplace equity. It’s going to shine a light on pay inequity and on biases, and it’s going to help employers to eliminate them.”
On average, women earn about 30 per cent less than men, a number that has not changed in the past decade, the government says. The bill passed third reading last week, with the support of the NDP. Progressive Conservative MPPs in attendance voted against.
What's the latest Gender Pay Gap within global senior executive compensation?
The Pay Index is an exclusive website, just for the global senior executives, where they can anonymously compare their compensation against the broader market. We have recently launched a dedicated gender pay gap interactive report slide for the Corporate Customers of the website, enabling them to drill down by function, industry and location to see specific gender pay differences within the senior executive space.
You can learn more about the benefits of the site via the video below:
The Pay Index: Executive Pay Compared from The Pay Index.
This news content or feature has been generated by a third party. Commentary, opinion and content do not necessarily represent the opinion of The Pay Index.
Original article on The Star