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Ciarán Hancock

👤 Speaker
342 total appearances

Appearances Over Time

Podcast Appearances

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

But that hasn't been decided upon?

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

Now it is a pay transparency directive so it would kind of make sense to be transparent about the pay, wouldn't it?

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

Yeah.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

You don't want the salary information to be included in the job ad?

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

Right.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

OK.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

Mind you, for some employees, it might be the only way they know what somebody else is earning in the organisation or somebody new who's coming into the organisation might be earning.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

OK, so will companies have to communicate then for people in a particular role in their company?

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

Let's say there's 50 people fulfilling a certain role.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

Will they have to make that information available to employees?

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

Might be a bit daunting for some employees that have to approach HR or approach a manager, let's say, to request this information.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

Now, let's say somebody working for a company discovers that there is an anomaly, that there are six people doing the same work on the same grade, but actually a couple of them are being paid substantially more than what that individual is getting.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

Under the terms of this directive, what will happen in those situations?

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

OK, so are your members, from what they're telling you, are your members concerned that they're going to have to defend these kind of situations or that they might face equal pay claims going forward?

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

Now, we had recent gender pay legislation introduced and transparency around gender pay.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

So I think it's companies with 50 or more employees, they have to publish the gender pay gaps that may or may not exist across their organisations.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

So how does this new directive, how does that differ or build on the gender pay legislation that was introduced a few years ago?

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

OK.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

And in terms of who will be covered by this new directive, are there exclusions, you know, for mom and pop shops, that hardware that might have four or five people or is everybody covered?

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

So how much is this going to cost employers?