pay transparency

Better pay transparency - so women know what to aim for.

This review makes a range of challenging proposals for change in the public sector, including greater pay transparency at the top.

Now, thanks in part to new regulatory requirements for pay transparency, shareholder activism is on the rise.

It wants greater pay transparency and a role for "ordinary workers" in setting boardroom pay.

The Fawcett Society would urge the government to match this with similar action on pay transparency.

Decisive action - including more family-friendly working and mandatory pay transparency - is needed to end this injustice."

From the City to White City, plans are set in motion for increased pay transparency.

He unveiled measures which would increase pay transparency and help ordinary shareholders challenge bulging remuneration deals.

With overdraft charges to continue, bankers got a second helping of good news as the Walker report into pay transparency fell short of expectations.

But George Osborne, chancellor, insists that any deal with the banks must also cover bonuses restraint and additional pay transparency.

Analysts said the disclosure of hundreds of its highest earning bankers could turn Barclays into a trailblazer for banking pay transparency.

Reuters Photograph: Reuters Would gender pay transparency be one way to creating a fairer job market?

Mr Cable believes the measures, due to take effect from this October, will increase pay transparency and help ordinary shareholders challenge bulging remuneration deals.

The lack of pay transparency has been much discussed in recent years73 as one of the primary causes of the prevailing gender-based pay inequality (15.7 %).

Campaigners hope the government-backed review of banking corporate governance published by Sir David Walker this month could prove another catalyst on gaining pay transparency.

Treasury officials say they will also be expected to show progress on pay transparency and make more money available for “big society” projects, mainly outside London and the south-east.

Professor Eisenberg emphasizes that efforts to promote pay transparency in all jobs should extend beyond the legislative arena and that companies as well as their employees would benefit.

Mr Osborne’s promise of pay transparency is compromised by his decision to shelve Sir David Walker’s recommendation for pay to be disclosed in bands above £1m.

In an article in the Guardian Mr Cameron wrote: “We are already committed to pay transparency and accountability, but I think it is time to go further.

The coalition had imposed higher taxes on banks, secured promises of higher lending and lower bonuses and was set to impose the world's toughest pay transparency rules, he said.

Mark Wallace, the campaign director of the TaxPayers’ Alliance, said it was “pure emotional blackmail to claim that anyone’s children could be threatened by improved pay transparency in local government”.

This proposal does not mean that pay transparency is required, but rather that companies may not make it mandatory in their rules that employees remain silent about their wages and terms.

If adopted by parliament, the law would provide for some of the world’s strictest rules on pay transparency, an emotive topic in the aftermath of the financial crisis and public outrage over bankers’ bonuses.

The issue of pay transparency is still the subject of fierce negotiations, with banks pushing back hard against the preferred option of Vince Cable, business secretary, for a model building on Hong Kong’s listing rules.

But any watering down of Sir David’s plan will provoke a fierce reaction from Mr Cable, who views pay transparency as vital in giving shareholders the tools they need to crack down on excessive bonuses.