Our thanks to Michael for this piece in the Express. For once, a piece on the ‘gender pay gap’ written by a male journalist. Extracts:
The Institute of Economic Affairs has shown that the so called pay gap between between men and women aged 22 to 39 is “negligible”…
The study, which involved data from the Office for National Statistics, appears to blow apart the claims made by the feminist Fawcett Society which says the pay gap is 14.1 per cent in favour of men…
The IEA report focussed on the Equal Pay Day campaign aimed at closing the alleged gap in wages and argued it was based on a “myth”.
Large companies are being required by law to publish their ‘gender pay gap’. We predict companies and public sector organizations will do the following to reduce it:
Promote women at the expense of more able men
Increase the remuneration of women solely, regardless of merit
Increase remuneration in disciplines largely staffed by women (including Human Remains), while reducing remuneration in disciplines largely staffed by men, over time (maybe giving men lower annual increases)