Wage transparency needs to go further – but is it the only answer to the growing problem?
One benefit of the talent shortage in a competitive job market is that companies are jostling to attract more women to work for them. One enticement used by more enlightened organisations is to be more upfront about pay rates and directly address the gender pay gap. But does greater transparency narrow the gender pay gap? And, if so, how can companies be encouraged to be less secretive about what they are paying their staff?