Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Germany hopes public payslips will close gender pay gap  Join our daily free Newsletter

MENAFN - AFP - 11/01/2017
No. of Ratings : 0
Add to Mixx!


(MENAFN - AFP) German companies will be forced to be more transparent about how much they pay male and female employees, under new legislation approved Wednesday 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.

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 finally want to break the taboo that you don't talk about money," she said at a Berlin press conference.

"It's very important that we show the women in this country we are taking this issue seriously. It's a question of fairness," she dded.

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 lead to animosity in the office and create unnecessary red tape for employers.

Christian von Stetten, a lawmaker from Chancellor Angela 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.


 


AFP




  MENA News Headlines
 Apr 27 2017 - Afghanistan- The Growing MistrustDaily Outlook Afghanistan
(MENAFN - Daily Outlook Afghanistan) Following the Friday's deadly attacks on a military base in Mazar-e-Sharif, Afghan MPs lashed out at Pakistan. The attack, which killed and wounded hundreds of ...

 Apr 27 2017 - The Relentless Violation of Human RightsDaily Outlook Afghanistan
(MENAFN - Daily Outlook Afghanistan) The heart-wrenching picture of three-year-old Syrian boy Aylan Kurdi, who drowned in the Mediterranean Sea on September 02, 2015, reflected the pains and ...

 Apr 27 2017 - U.S. Deeply Concerned about Turkey's Airstrikes in Syria, IraqDaily Outlook Afghanistan
(MENAFN - Daily Outlook Afghanistan) WASHINGTON - The United States said Tuesday it is "deeply concerned" that Turkey conducted airstrikes in Syria and Iraq without "proper ...

 Apr 27 2017 - Afghan, Iraq Troops a 'Long-Term' Pledge: TurnbullDaily Outlook Afghanistan
(MENAFN - Daily Outlook Afghanistan) KABUL - Australian soldiers will remain in Iraq and Afghanistan for a long time, Prime Minister Malcolm Turnbull has said during a secret visit to the Middle ...

 Apr 27 2017 - Jordan- No casualties in military helicopter crashJordan News Agency
(MENAFN - Jordan News Agency) Amman, Apr. 26 (Petra) -- A Cobra helicopter Wednesday crashed into the ground, due to technical failure during a training trip in the Al Ghabawi area, eastern Amman, ...

 Apr 27 2017 - Joint Jordanian-Saudi military drill continuesJordan News Agency
(MENAFN - Jordan News Agency) Amman, April 26 (Petra) -- A joint Jordanian-Saudi military drill which kicked off last week continued Wednesday by the Royal Saudi Navy's Eastern Fleet and Jordan's ...

 Apr 27 2017 - Jordan- Interior minister discusses with British official security cooperationJordan News Agency
(MENAFN - Jordan News Agency) Amman, April 27 (Petra)--Interior Minister Ghalib Al Zu'bi on Thursday, discussed with London Metropolitan Police's acting deputy commissioner Police Mark Rowley, scopes ...

 Apr 27 2017 - Jordan issues $500mln EurobondsJordan News Agency
(MENAFN - Jordan News Agency) Amman, April 26 (Petra) -- The ministry of finance on Wednesday announced that it had successfully issued $500 million worth of Eurobonds on international markets with a ...

 Apr 27 2017 - Jordan- King congratulates Sierra Leone, Togo on national daysJordan News Agency
(MENAFN - Jordan News Agency) For newspapers........ Amman, April 27 (Petra)--His Majesty King Abdullah II, on Thursday, sent cables of congratulations to President of Sierra Leone Ernest Bai Koroma ...

 Apr 27 2017 - Jordan- State minister for media affairs meets IINA directorJordan News Agency
(MENAFN - Jordan News Agency) Amman, April 27 (Petra)--State Minister for Media Affairs and Government Spokesperson Mohammad Momani received on Thursday, Director General of the International Islamic ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help