The Conservative Party's shadow minister Theresa May has put forward a plan which would see company's that lose wages tribunals undergo a 'pay audit' of their entire staff.
The auditing call comes over reports the pay tribunal system is close to breaking point with Equal Opportunities Commission chairwoman Jenny Watson saying there had been a huge increase in cases due to 'no win, no fee' lawyers.
May told BBC Radio 4 that the Conservatives were determined to address the pay gap which meant that women were paid, on average, 17.2% less than men.
But it drew concerns from business groups with the British Chambers of Commerce warning that the proposals would add to the burdens already placed on employers.
Further reading:
Survey finds average CSR salaries reach £60,000 as leading execs command six figure packages 01 Apr 2008
Computing presents the year's biggest stories affecting the career of IT professionals in the UK 20 Dec 2007
The entire US financial system may be on the ropes, but according to Richard Seireeni, the recently formed "Salmon Nation" financial network is doing just fine 09 Oct 2008
BusinessGreen.com casts its eye over the simplest means of harnessing some geothermal power 08 Oct 2008







