The Liberal Democrats have pledged a statutory measure on gender pay that will see large companies (more than 250 people) fined £5,000 if they refuse to publish the difference in pay rates between men and women. The party claims the voluntary system on gender pay differences has been a failure and points out that in 2013 the median pay for a woman was 19.7% less than the median for a man. The average hourly wage for women was £10.33 while men were paid £12.97.
As someone who was a long time trade union officer for IRSF, PTC & PCS I am pleased to see this pledge from my Party. Women have been disadvantaged over pay for far too long.
With thanks to the LGiU for the lead to this story