Ciarán Hancock

Because I would imagine you'll have to have a HR function in place to do this properly.

And for some companies, again, SMEs and so on, they probably don't have HR functions or maybe it's outsourced.

So what's the cost?

Have you done any number crunching on that?

OK, now you guys have been lobbying on this for some time.

What's your best guess as to when this legislation, when you'll first get sight of it and when it might actually be implemented?

So, and again, in your opinion, because you've been in this field for some time now, will this lead to equal pay for work of equal value?

Will this finally put an end to the, you know, situations where people were maybe doing the same job but weren't receiving the same pay for one reason or another?

OK, sounds like we might need another directive down the road.

That's something to look forward to.

OK, Nicola Harkin, thank you for joining us.

Thanks a million, Ciarán.

We're going to take a short break now.

When we return, I'll be talking to Irish Times Washington correspondent Keith Duggan about the Federal Reserve's new chief, Kevin Warsh.

Back in a few moments.

Welcome back.

This is Inside Business with Ciarán Hancock.

Kevin Warsh recently took over at the Federal Reserve for replacing Jerome Powell.

He's been described by New York Times columnist Paul Krugman as Donald Trump's sock puppet.

So the question is, will he be his own man or a Trump patsy?